Your Registered Address Service Is Expiring: What Should You Arrange Before Renewal?

Before renewing your registered address service, confirm three things: your permission to use the address[...]

Your Accounts Show a Profit, So Why Is the Business Bank Balance Falling?

Your business can make a profit while its bank balance falls because profit measures income[...]

Paying for Goods With Cryptocurrency: What Does It Mean for Your UK Tax Return?

Paying for a laptop, furniture or everyday shopping with cryptocurrency can create a capital gain[...]

Starting a Company with a Friend: What to Decide Before Allocating Shares

Before allocating shares, agree what each of you will contribute, who will make decisions, how[...]

Invoice Date or Payment Date: Which Determines the CIS Reporting Month?

The payment date determines the CIS reporting month, not the invoice date. Contractors report payments[...]

Selling Services to Overseas Clients: What to Check Before Charging UK VAT

An overseas billing address does not automatically mean you should leave UK VAT off an[...]

How to Change Your Company’s Registered Office Address

To change your company’s registered office address, arrange a suitable replacement address and notify Companies[...]

How to Verify a Subcontractor Before Their First Payment

Before making a new subcontractor’s first payment under the Construction Industry Scheme (CIS), verify their[...]

Hiring Employees with Another Job: What Your Payroll Setup Needs to Capture

When a new employee already works elsewhere, your payroll setup needs to record more than[...]

Found an Error After Filing? How to Approach a Tax Return Correction

Finding a mistake after submitting your tax return can be unsettling, especially if you have[...]

An Employee Is Leaving Mid-Month: How to Prepare Their Final Pay

When an employee leaves halfway through a month, their final pay is not automatically half[...]

A Crypto Exchange Closes: How to Rebuild Your Transaction History

When a crypto exchange closes, start by collecting evidence from outside the platform: bank statements,[...]