small business

Affordable Accounting from AAT-Registered Accountants

Leave a Comment / Business, Charity Accounts, Contractor, crypto, e-Commerce Accountants, Landlords Accountant, Self Employed, small business, Tax Return 2024, UK VAT / Michael Burris

When it comes to managing finances, finding an affordable accountant who still delivers competent, reliable service can make a big difference to your bottom line. However, not all “cheap” accountants are created equal. If you’re looking for budget-friendly accounting services, an AAT-registered accountant can provide exceptional value without high costs. AAT (Association of Accounting Technicians) […]

Affordable Accounting from AAT-Registered Accountants Read More »

How to Recover UK Tax When Leaving the UK Mid-Tax Year

1 Comment / Business, Contractor, Landlords Accountant, small business, Tax Return 2024, UK VAT / Michael Burris

If you’ve been working in the UK as an employee and had tax deducted from your pay, but you’re planning to leave the UK partway through the tax year, you might be eligible to reclaim some of the tax that was taken from your earnings. The UK operates a “pay as you earn” (PAYE) system

How to Recover UK Tax When Leaving the UK Mid-Tax Year Read More »

Director Loan Accounts and Section 455 Explained

Leave a Comment / Business, Charity Accounts, Contractor, e-Commerce Accountants, Landlords Accountant, small business / Michael Burris

Discover how Director Loan Accounts work and what Section 455 tax means for UK business owners. Learn key rules, repayment timelines, and tax implications. Outline What is a Director Loan Account? Types of Director Loan Accounts What is Section 455 Tax? How Section 455 Tax Works? Example of Section 455 Tax Interest on Director Loans

Director Loan Accounts and Section 455 Explained Read More »

Man in Brown Coat and Gray Backpack Posing for a Photo

Simplified Expenses for UK Taxpayers: What You Can Claim

Leave a Comment / Business, e-Commerce Accountants, Self Employed, small business, Tax Return 2024, UK VAT / Michael Burris

If you’re self-employed or run a small business in the UK, managing your expenses is an important part of saving money on taxes. One way to make this easier is by using simplified expenses. These are flat rates set by HMRC, so you don’t have to work out exact costs or keep loads of paperwork.

Simplified Expenses for UK Taxpayers: What You Can Claim Read More »

Can Sole Traders in the UK Claim Pre-Trading Expenses?

Leave a Comment / Business, small business / Michael Burris

Outline Introduction What Are Pre-Trading Expenses? Can You Claim These Expenses? How to Claim Pre-Trading Expenses Conclusion FAQs (Frequently Asked Questions) Can Sole Traders in the UK Claim Pre-Trading Expenses? Starting a business as a sole trader in the UK involves a range of costs even before you officially begin trading. These expenses, known as

Can Sole Traders in the UK Claim Pre-Trading Expenses? Read More »

Small Business Tax Saving Guide

Leave a Comment / small business / Michael Burris

Outline Introduction Understanding Business Taxes What are Business Taxes? Types of Taxes for Different Business Structures Importance of Tax Planning for Your Business Tax Planning Strategies for Businesses Maximising Deductions Utilising Tax Allowances and Reliefs Strategic Business Tax Planning with FAAS Accountants Advanced Tax Planning Techniques Investing in Tax-Efficient Assets Benefits of R&D Tax Credits

Small Business Tax Saving Guide Read More »

Affordable Accounting from AAT-Registered Accountants

How to Recover UK Tax When Leaving the UK Mid-Tax Year

Director Loan Accounts and Section 455 Explained

Simplified Expenses for UK Taxpayers: What You Can Claim

Can Sole Traders in the UK Claim Pre-Trading Expenses?

Small Business Tax Saving Guide

Contact Info

Quick Links

Get In Touch