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How Easy is it to Change Accountants?
Whether your business is just starting out or on the verge of scaling to new heights, having the right accountant by your side can make all the difference in the world. But what happens when your current accountant no longer feels like the right fit? You might be wondering how easy it is to switch…
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I Have a VAT Inspection—Help, What Do I Do?
A VAT inspection might seem like a nightmare scenario for many businesses, but with the right preparation, it doesn’t have to be! If HMRC has notified you of an upcoming VAT inspection, don’t panic—take a deep breath and follow our guide to help you navigate this process smoothly. As a UK accountancy practice specialising in…
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What protection do you have against a HMRC enquiry?
Each year HM Revenue & Customs (‘HMRC’) undertake an enormous number of tax enquiries into individuals and businesses to check they have paid the right amount of tax, both on a random and a selective basis. Since 2010 HMRC have strengthened their approach from this point of view and the general trend has been a…
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What is a Sole Trader? Your guide to becoming self-employed and what it means for you
What is a sole trader? There are many different types of business structures available for entrepreneurs to choose from in the UK and is being a sole trader the right business structure for your business?
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Are you protected against a HMRC enquiry?
Each year HM Revenue & Customs (‘HMRC’) undertake an enormous number of tax enquiries into individuals and businesses to check they have paid the right amount of tax. Since 2010 HMRC have strengthened their approach to enquiry work by using wider powers and sophisticated software and consequently secured a record £34.1 billion of additional tax…