Accounting for small companies with HMRC tax returns, VAT registration certificates, and organised financial paperwork on a business desk.

Accounting for Small Companies: The UK Compliance Guide

Last updated: January 2026 | Reading time: 12 minutes Here’s something nobody tells you when you register your first limited company: the paperwork doesn’t end with Companies House. In fact, it’s barely started. I’ve watched countless business owners stumble through their first year of accounting for small companies, only to face penalty notices because they thought […]

Illustration of UK succession tax showing a weighing scale with a family home on one side and £325,000 with HMRC coins on the other, symbolising the inheritance tax threshold.

Succession Tax Explained: What It Means for Your Estate

Right, let’s address the elephant in the room straightaway: there’s technically no such thing as “succession tax” in the UK. Not officially, anyway. What we’re actually talking about when someone mentions succession tax is Inheritance Tax (IHT) – though you’ll occasionally hear old-timers refer to it as “death duty,” which sounds properly Victorian but hasn’t been the […]