Making Tax Digital for Income Tax: A Practical Guide

Posted on 13th October 2025 by Rob Mollan

The UK’s tax system is changing. Paper tax returns are being phased out and replaced by a new online system: Making Tax Digital (MTD). With MTD, you’ll need to digitise your reporting, record income and expenses using approved software, and … Continue reading →

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Tax Relief on Charitable Donations in the UK

Posted on 30th September 2025 by Rob Mollan

Giving money to charity doesn’t just help a good cause, it could help reduce your tax bill. Whether you are self-employed, running a small business, or are a higher-rate taxpayer, donating to eligible charities in the UK can reward you … Continue reading →

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What is s455 Tax?

Posted on 20th August 2025 by Rob Mollan

It’s not uncommon for company directors to move money between their business and personal accounts. Often, it’s done without much thought: a short-term loan to cover something, or an advance before the next dividend. The trouble is, HMRC keeps a … Continue reading →

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Registering for VAT as a Sole Trader

Posted on 17th June 2025 by Rob Mollan

There are a number of benefits of registering for VAT if you’re  a sole trader  – but these can come with some added paperwork. We will take you through the logistics of VAT registration, the key benefits for sole traders, … Continue reading →

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Making Tax Digital for VAT

Posted on 23rd April 2025 by Rob Mollan

Making Tax Digital (MTD) is a UK government initiative designed to ease accounting processes for VAT-registered businesses. It involves transferring all tax processes – from paying and managing tax to bookkeeping, tax planning, and account management – to a digital … Continue reading →

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Making Tax Digital for Landlords

Posted on 11th March 2025 by Rob Mollan

From April 2026, landlords earning over £50,000 must comply with Making Tax Digital (MTD), followed by £30,000+ earners from April 2027. Preparing early could help reduce the risk of HMRC fines, investigations, and cash flow issues that come from a … Continue reading →

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Making tax digital for sole traders

Posted on 19th February 2025 by Rob Mollan

It’s vital for sole traders to be aware of when Making Tax Digital (MTD) affects them to avoid potential HMRC penalties, financial fines, and a hurried technological catch-up that could end up adding costs to your business. The transition process … Continue reading →

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What is Making Tax Digital (MTD)?

Posted on 20th January 2025 by Rob Mollan

This article is regularly updated to reflect industry standards and requirements. Come back later to keep updated with Making Tax Digital developments. When handling your company’s financial processes – bookkeeping, tax planning, and others – it’s vital to be aware … Continue reading →

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What is a P60?

Posted on 11th December 2024 by Rob Mollan

Issuing P60s is a legal requirement for any business with an employee-base, including small to medium-sized enterprises. They ensure legal compliance, streamlined tax planning, and help build employee trust and staff progression. If you have any employees in your company, … Continue reading →

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What is Business Asset Disposal Relief (BADR)?

Posted on 19th November 2024 by Rob Mollan

If you’re a small business looking for tax relief opportunities, Business Asset Disposal Relief (BADR) is a good area to investigate. The relief rates gained from it have changed in recent years and will continue to evolve in the future. … Continue reading →

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