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The Autumn Budget 2024 introduces increased employer NICs, CGT rate hikes, and Stamp Duty surcharges, impacting small businesses, contractors, and property investors. With expanded Employment Allowance and a commitment to digital tax compliance, these changes aim to boost public funding while posing new financial considerations for UK businesses and investors.

Discover the benefits of voluntary VAT registration, from reclaiming VAT on business expenses to enhancing your company’s credibility. Learn how to navigate different VAT schemes and streamline compliance with expert guidance from Sherwin Currid.

Cloud accounting software can help small business owners and contractors easily manage their finances. This blog details what cloud accounting is and how it can help you to improve your business.

Starting a business as a sole trader comes with many advantages, but it also means that you are personally responsible for your business’s finances. One of these responsibilities includes registering for VAT if your turnover exceeds the threshold set by HM Revenue and Customs (HMRC).

The Value Added Tax (VAT) system can seem complex and daunting for many small business owners. However, it is crucial to understand the basics of VAT.

Building an effective business strategy is a crucial step that every organisation must undertake. It sets a clear direction, establishes goals and helps businesses…

Understanding Income Tax is essential for sole traders and partnerships. You should be aware of the different rates and allowances available for this tax that…

If you are a newly self-employed individual or business owner, it is important to register for a Self-Assessment Tax Return before the deadline of 5 October 2023 if you had income before 5 April 2023.