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Millions filing pointless tax returns

A huge number of taxpayers in the UK are having to go through the painstaking process of filing tax returns, in spite of the fact that they don’t owe (more…)

A brief overview of value-added tax

If you run a business in the UK, it is important that you understand the Value-Added Tax (VAT) system.

By law, if your business turnover is (more…)

Limited company formation explained

When you run a UK-based business, there are several ways to structure your company. The most common structures are sole trader, limited companies, and public limited companies. This article is about (more…)

Do sole traders need to hire an accountant?

If you are a sole trader, you have to decide whether you should hire an accountant or not. Here, we give you the information you need to understand why taking on an accountant makes sense for most (more…)

Audit governance code under watchdog review

The Audit Firm Governance Code is to come under review after the Financial Reporting Council decided to reassess how the code is (more…)