The start of the month saw a frenzy in the media and online about HMRC using new powers to target traders on sites such as Ebay. Within days, there were online postings by people saying it was unfair that they
Self-employed
Is it time to switch and save on your utility bills?
Thanks to increased demand and limited supply, amongst other influential factors, the UK energy market has fluctuated a lot since 2021, and rising utility bills are still a significant concern for many UK businesses today. Unlike for households there is
Setting up a Limited Company in the UK: A Wise Business Move?
When it comes to structuring your business, there are several options to consider – one of which is to establish yourself as a limited company. But, is this a wise business move? Ultimately, which structure you adopt depends on your
Digital Accountancy Show 2023: What did we learn?
The Digital Accountancy Show 2023 took place on 15 June at Evolution, Battersea. We couldn’t miss the opportunity to network and learn about the latest advancements in accounting tech. Our GH Online Accounting division offers an outsourced bookkeeping and cloud
Airbnb hosts face tax probe and penalties for undeclared income
HM Revenue & Customs (HMRC) are looking into the earnings of Airbnb hosts. Those not declaring their income correctly could face penalties and sanctions. This is part of routine activity to identify individuals not paying the correct amount of tax
VAT at 50: The evolution of a not so simple tax
Value Added Tax (VAT) turned 50 on 1 April 2023. However, many would argue that it still has some growing up to do! Whilst many of us will know something of the biscuit vs. cake debate, this doesn’t even scratch
Limited Company incorporation – is it worth it?
Whether just starting out, or established sole trader, you may be wondering if limited company incorporation is right for you. The truth is, it depends on your circumstances and what you want to achieve with your business. In years previous,