UK Accounting & Tax Resources

A structured year-end close makes life easier for both your business and your accountant. This checklist covers reconciling bank accounts, chasing outstanding invoices, valuing stock, and gathering the paperwork your accountant will need to prepare statutory accounts on time.

Making Tax Digital for VAT requires digital record-keeping and compatible software for every VAT-registered business, with no turnover exemption remaining. Here's what counts as a digital link, which software options are commonly used, and how to avoid the penalties that come with manual workarounds.

Missing a confirmation statement or annual accounts deadline at Companies House triggers automatic penalties, and persistent late filing can lead to your company being struck off the register. This post sets out the key deadlines directors need to track and what to do if a filing is at risk of running late.

IR35 status determines whether a contract is taxed as employment or genuine self-employment, and getting it wrong carries real financial risk for both parties. We walk through the factors HMRC weighs, including control, substitution and mutuality of obligation, before you sign a contract.

The start of the new UK tax year on 6 April is a natural point to review allowances, dividend planning and payroll settings before they reset. This checklist highlights the key thresholds and deadlines limited company directors should confirm early rather than leave until the following March.

Most director-shareholders take a mix of a modest salary and dividends, but the right balance depends on current tax rates, National Insurance thresholds and the company's available profits. This post explains how each route is taxed and the factors worth reviewing before setting your pay structure for the year.

Simple errors, from mismatched bank details to unclaimed reliefs, are among the most common reasons a Self Assessment refund gets held up. We cover the mistakes HMRC flags most often and how a quick pre-submission check can help your return process without delay.

With the 31 January deadline approaching, late filers still have time to get their return in and avoid the automatic penalty, provided they act now. This post covers what information you need on hand, how to estimate figures you're still waiting on, and how payments on account work if this is your first return.

Well-organised books at year end save time, reduce accountancy fees, and lower the chance of queries during filing. This post walks through reconciling transactions, categorising expenses correctly, and the documents your accountant will typically ask for before they can finalise your accounts.

If you've just registered a limited company, understanding Corporation Tax obligations early avoids surprises later. We cover registering with HMRC, current rates and thresholds, allowable expenses, and the standard filing and payment deadlines that follow your company's accounting period.

The right accountant is a long-term working relationship, not just a once-a-year filing service, so it's worth asking the right questions before you commit. This post suggests what to ask about qualifications, software compatibility, response times and pricing structure when comparing options.

UK businesses must register for VAT once taxable turnover crosses the current threshold in any rolling 12-month period, but voluntary registration can make sense earlier for some businesses. We explain how the threshold is calculated, the registration process, and what changes once you're VAT-registered.