How to find your VAT registration date.
What to do if you have lost your VAT registration certificate. In order to register for Making Tax Digital (MTD) or to authorise your accountant to file your VAT returns for you you will need to know your Effective Date of Registration for VAT. Whilst this can...
What Is Making Tax Digital?
So what is making tax digital? Well In his March 2015 budget the Chancellor announced that this was “the end of the tax return as we know it”. The key change is that businesses will be required to digitally file tax returns on a quarterly basis. So what...
What is a sole trader?
What is a sole trader? A sole trader is an individual who trades on his/her own on a self-employed basis. If you start working for yourself as a sole trader, you will own and run your business as an individual and will keep all the business’s profits after taxes. A...
Why do I need an accountant?
When starting a new business most people are told to get themselves an accountant. However, many people wonder 1, what an accountant can actually do for them and 2 if they really need one so why do I need an accountant? So what will an accountant do for me? Everyone...