How does VAT work for businesses?
Tax challenges are common for business owners as they look to ensure they are meeting their legal obligations.
Business Advice
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Sole Traders: What are my tax obligations?
As a sole trader, it is important that you understand your tax obligations and when you need to pay them because failing to do so can have serious consequences.
How will businesses be impacted by inflation staying at the same rate?
The UK’s inflation rate remained at 3.8% for the second consecutive month, keeping costs at a similar level.
The Chancellor confirms the Government will review the Small Business Rates Relief
Changes to the Small Business Rates Relief (SBRR) could arrive in the future with Chancellor Rachel Reeves reviewing the current regulations to ensure small businesses can expand their services and…
Potential changes to minimum wage rates in 2026: Government confirm new set of recommendations
The National Living Wage and National Minimum Wage continue to spark nationwide discussion as pressure mounts on the Government to fulfil its commitment to ensuring the minimum wage equates to…
Is your business ‘trading’ enough to qualify for BADR?
For owners preparing to sell, Business Asset Disposal Relief (BADR) can provide a valuable reduction in Capital Gains Tax (CGT), but only if the company meets the right criteria.