From 3 August 2015 HMRC are changing the way in which they will expect customers to pay future agreed time

When your business gets registered for VAT you can reclaim the VAT charge on goods you acquired within the previous

There is one key accounting lesson that clients should be educated on as soon as possible. This is the importance

There could be many reasons why you file your personal tax return late, resulting in a penalty being issued, however

The tax reconciliation is a new process started by HMRC. It is used for the majority of tax payers who

The National Minimum Wage is the minimum pay per hour almost all workers are entitled to by law. No matter

When you bill a client you add VAT at the rate that applies to the type of supply you’ve made.

HMRC have a rule that business entertaining isn’t tax deductible. This could be a casual drink with a customer, buying

If you use part of your home for work, HMRC accepts that your company can compensate you tax and NI

The current rules for taxing and declaring benefits and expenses have been criticised as over –complicated. After the Office of