Business Finance
Selling on eBay: When HMRC Treats It as a Business
Selling on eBay is only taxable if you are trading. Here is how HMRC tells decluttering from a business, what eBay…
Business Finance guides
For the self-employed and limited companies — Self Assessment, Making Tax Digital, expenses and paying yourself.
Business Finance
How to Set Up a Limited Company in 2026: Costs, Steps and Tax Setup
Setting up a limited company takes minutes online and costs £50 — but since identity verification became compulsory, the…
Business Finance
Gig Economy Tax: Delivery, Driving and Freelancing Through an App (2026/27)
The 30 sales and £1,700 reporting exclusion covers goods only. Driving, delivery and freelancing through an app are…
Business Finance
The VAT Flat Rate Scheme Explained: Is It Still Worth It, and the 16.5% Limited Cost Trap
Join on a 14% sector rate, get reclassified as a limited cost business, and you pay 16.5% of gross takings - more than…
Business Finance
How to Correct a VAT Error: The Two Thresholds That Decide Your Route
Your net error decides everything. Under £10,000 you adjust the next return; between £10,000 and £50,000 the 1% of box 6…
Business Finance
MTD for VAT: What Counts as a Digital Link (and Why Copy and Paste Does Not)
Every VAT-registered business is signed up now, so the live risk is digital links. HMRC is explicit that copy and paste…
Business Finance
The VAT Registration Threshold: When You Must Register, and When You Can Come Off
The VAT threshold is £90,000 measured over any rolling 12 months, not your tax year. Miss the 30-day deadline and you…
Business Finance
Payments on account: why your January tax bill is 150% of what you expected
If your Self Assessment bill is over £1,000, HMRC also asks for two payments on account towards next year, each half the…
Business Finance
Mileage claims for the self-employed: flat rate vs actual costs
The self-employed can claim business mileage using the simplified flat rate of 55p a mile for the first 10,000 miles and…
Business Finance
Employment Allowance 2026/27: Cut £10,500 Off Employer NI
Eligible employers can knock £10,500 off employer NI in 2026/27. Eligibility rules, the single-director exclusion,…
Business Finance
How to Pay Corporation Tax: Deadline, Reference and Methods
HMRC never bills you for corporation tax. The 9-months-and-1-day deadline, the 17-character reference, payment methods…
Business Finance
Payrolling Benefits in Kind: What Changes from April 2027
HMRC has confirmed that company cars, fuel and medical benefits must be taxed through payroll from 6 April 2027, with…
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