On 6 April 2025, the government raised the thresholds that determine whether a company is classed as micro, small, medium, or large.
VAT on property transactions in the UK can be complex, with different tax treatments depending on the nature of the property (commercial or residential), its use, and other...
If your UK business buys from or sells to other countries, understanding how VAT (Value Added Tax) applies is essential. Since Brexit, the rules for international trade have...
Good bookkeeping is the backbone of every successful small business. Yet, many entrepreneurs and business owners unknowingly make accounting errors that can cost money, create...
Valuing stock - or inventory - may not sound exciting at first, but it’s a vital part of running any business that buys and sells goods. Getting it right helps ensure accurate...