Small Business Accounting & Tax Blog
Practical accounting and tax guidance for small businesses, sole traders and limited companies. I share straightforward explanations of UK tax changes, accounting requirements and the issues that affect business owners.
Learn what Companies House identity verification means for directors and PSCs, when you must complete it and how to use your personal code.
Find out who must register for Self Assessment by 5 October 2026, what information you’ll need and the key tax-return deadlines.
Earn money from a side hustle or self-employment? Find out when the £1,000 trading allowance applies and when you need to tell HMRC.
Do you need an accountant for Making Tax Digital? Find out what MTD means for sole traders and landlords and how to prepare for the new rules.
Do you need a tax return for rental income? Find out when you need to tell HMRC, the £1,000 Property Allowance, Self Assessment rules and MTD requirements.
What are MTD quarterly updates? Learn what you need to send HMRC, the quarterly deadlines, what information is required and how MTD works.
If you sell clothes, shoes or other unwanted belongings on Vinted, you may have wondered whether you need to declare the money to HMRC or pay tax on it.
Managing finances effectively is one of the most critical aspects of running a successful small business. Whether you’re just starting or looking to streamline your operations, having the right accounting tools at your disposal can make all the difference. In this blog, we’ll explore the essential accounting tools for small businesses in the UK, focusing on software and resources that can help you stay on top of your finances, save time and avoid costly mistakes.
Running a small business comes with its own set of unique challenges. Here’s why having a skilled accountant by your side is not just a luxury but a necessity.