How VAT Accounting Works in the UK
Here’s something nobody tells you when you first start thinking about VAT: the £90,000 threshold isn’t a finish line you’re racing toward. It’s more like a trapdoor that opens beneath you when you least expect it. I’ve watched countless business owners celebrate their first £90k in turnover, only to realise – usually around 3am on […]
Making Tax Digital Explained: Simple VAT Solutions for Small Businesses
The taxman’s gone digital, and frankly, it’s about time. But if you’re running a small business and the mere mention of “making tax digital for VAT” makes your head spin faster than a washing machine on its final cycle, you’re not alone. This isn’t just another bureaucratic hoop to jump through – it’s a fundamental […]
VAT Accounting Guide UK 2025: Avoid Costly HMRC Penalties
Here’s something that’ll make you pause mid-sip of your morning coffee: 78% of UK businesses make at least one VAT-related error each year. And I’m not talking about missing a decimal point—I mean proper, HMRC-will-notice mistakes that can trigger investigations, penalties, and the kind of sleepless nights that no amount of chamomile tea can fix. […]
Local Accountants London: The Smart Choice for Business
Introduction Picture this: you’re a small business owner in London, drowning in receipts, tax forms, and financial projections. Your passion is your product or service – not wading through HMRC guidelines or calculating VAT returns. This is where a local accountant becomes your financial superhero, swooping in with regional expertise and personalised service that large […]
