Tips & Advice

A quick look at some of the issues relating to out-of-pocket expenses for anyone who’s self-employed (sole trader / partner in a partnership) rather than an employee.

Travel is quite a tickly area for expenses, so here’s a whole article just about that.

It’s now less than a month to the end of the tax year (5th April).

There are always a few things you can do to save a bit of tax*, and perhaps that’s more important than ever this year.

Read on to find out more!

What happens when, as an employee, you pay for business expenses out of your own pocket, and then ask your employer to pay you back just for those expenses.

More on expense allowances which don’t exactly match what you’ve spent, in a future article.

If you’re paying staff, you’ll need to register as an employer with HM Revenue, and there’s quite a lot of forms to fill in. Read on for some guidance on how to do this.

If you regularly sell items on eBay, you might end up having to pay tax on those sales. Read on to find out more…

If you haven’t filed your 2008/09 tax return yet then it’s time to get your skates on.

They’ve got to be filed by Sunday 31st January (yes, this Sunday) or you’ll get an automatic fine of £100.

If you’re in partnership, you’ve also got to file the partnership’s
tax return by the same date, or each partn

Just when you thought the snow was thawing… there’s more lying now here in Cumbria and we’re forecast more. Argh!

What can you do as a business to cope in this weather, and what are the tax consequences?

Do you let a room in your main home out to a lodger?

If the lodger pays you rent (which they’re almost certainly doing, otherwise why let the room out), then it’s possible you may have some tax to pay on that extra income.

The standard rate of VAT changes from 15% back to 17.5% on 1st January 2010. Here’s what that’ll mean for you and your business.