Finances

Working Tax Credits are available to eligible individuals who earn below a certain threshold, including those who are self-employed. Working Tax Credits are available to individuals whose income is below a certain level. They have, in the most, been replaced by Universal Credits.

Find out about the VAT margin scheme for used cars including what cars can be included, record-keeping & calculating figures for VAT returns.

Reclaiming all the VAT you are entitled to will reduce your VAT bill or even create a VAT repayment. Keeping the right records is essential to support any claim you make.

Find out how to chase unpaid invoices and get email templates you can send to your clients if you’re not getting paid for work you’ve done.

How you pay yourself as a sole trader can have tax implications as well as cash flow implications for your business, depending on your timings. In this guide, I’ll show you create a way to pay yourself that is good for you and that will keep your business financially stable and avoid any unnecessary tax bills.

Universal credits help by topping up your income and then get reduced as you begin to earn more. Perfect if your business income takes a dip or you are just starting out. Here’s how to find out if you can claim.

Claiming back VAT on expenses can save a business money, but not all can claim VAT back by everyone. In this guide, you’ll understand which businesses can claim back VAT and which expenses are eligible.

A Company Authentication Code is a unique password issued to all Limited Companies. It is highly confidential so if you have lost your Company Authentication …

Find out how to handle VAT on inter-company charges and the paperwork you need to keep for cross-business transactions.

The double entry for share capital depends on whether the shares are paid or unpaid. Double Entry for Unpaid Share Capital Dr Other debtors (or …