Your Accounting Knowledge Base
Stay updated with our latest accounting tips and news to help your business thrive.
Sole Trader vs Limited Company
SOLE TRADER
Discover the pros and cons of operating as a sole trader versus forming a limited company. We break down the tax, liability, and administrative differences to help you choose the best structure for your business.
MTD for Income Tax: What You Need to Know
MTD (Making Tax Digital)
Understand the key requirements of MTD for Income Tax. Learn how digital record-keeping and online submissions can streamline your tax process and keep you compliant with HMRC’s latest regulations.
Should You Register for VAT
VAT
Thinking about VAT registration? Learn when it’s mandatory, what the thresholds are, and the pros and cons of registering early—even before you’re required to by law.