Tips & Advice

Some of the tax issues faced by a limited company operating from a director’s home.

An introduction to the profit and loss account, or P&L for short, and how it can help you run your business.

We pushed another one of our “sneak releases” live last week. It didn’t contain any new features in the app but we have now enabled Single Sign-on and Universal Navigation to FreeAgent from your Google Apps account.

The Emergency Budget is out in the open… Here’s an outline of what it means for you if you own a small service-based business.

Working from home is growing more and more popular.

After all, when you’re just starting up in business, why take on the cost of having an office?

And it makes it much easier to fit round family commitments.

But are there any tax reliefs available when you work all, or part of your time, at home?

How to pay your output VAT to HM Revenue, and reclaim your input VAT.

How to charge your customers VAT and claim back the VAT you’ve paid to your suppliers.

A guide to the different VAT rates applicable in the UK and which sales attract which rate.

VAT – short for Value Added Tax (and also known as Very Awkward Tax because it’s so complicated) – is a tax surrounded by myths!

All businesses have to register for VAT? – No they don’t.

All limited companies have to register for VAT? – No they don’t!

OK, so what sort of a tax is VAT, and how does it

Can you claim tax relief on the cost of clothing?