Your second payment on account is due on 31 July. If your profits fell in 2024/25, you may be able to pay less. Here is how.

The expenses a sole trader can claim to reduce their tax bill, the ones you can’t, and simple ways to claim for working from home and mileage.

Should you be a sole trader or set up a limited company? How each is taxed, what else changes, and when each one tends to suit.

The 2025/26 tax year starts on 6 April 2025. Here is what changes for employers, business owners and landlords, and what stays the same.

The 2024/25 tax year ends on 5 April 2025. A short checklist of allowances to use and actions to take before then.

From April 2026, sole traders and landlords with income over £50,000 must use Making Tax Digital. Check if it applies to you and what to do now.

Employer NIC rises to 15% from April 2025. Six practical ways small employers can manage the extra cost.

From 6 April 2025 employer NIC rises to 15% and starts at £5,000 of pay. Here is what it costs a small employer and what to do before April.

As AI systems like ChatGPT and Microsoft Copilot become standard tools in our workflows, they’re proving to be much more than just software—they’re collaborative partners. This article explores key principles for working effectively with AI, drawing parallels to how we approach human partnerships. From setting clear expectations to recognizing each partner’s strengths, learn how to make the most of AI as a valuable part of your professional toolkit.

Running a business is a dream for many, but if you’re reading this, chances are the reality has hit hard. The long hours, constant firefighting, and juggling endless responsibilities often lead to business burnout. Working 7 days a week might seem necessary, but it’s neither sustainable nor productive. In fact, over time, burnout can cripple your productivity, creativity, and even your health.

If you run a small business in the UK, you know how crucial funding is for growth, innovation, and keeping operations running smoothly. While loans and investments are useful, wouldn’t it be even better to secure funding without the burden of repayment? That’s where business grants come in.

Missed the 31 January tax return deadline? What the late filing penalties are, how they add up, and what to do now.

The Chancellor's Autumn Statement 2023 has unveiled several pivotal changes that will significantly influence the landscape for small businesses. These updates encompass a range of areas, from tax incentives to wage adjustments, each carrying its own set of implications for the way small businesses will operate in the upcoming fiscal year.

Capital gains, as a financial term, might seem reserved for the big league players in the stock market or those with expansive property portfolios. Yet, for small business owners, understanding capital gains is just as crucial. After all, it could directly affect you the day you decide to sell your business or certain business assets.

Tax return season is a significant milestone for all businesses, especially for small to medium-sized enterprises. With the self-assessment tax return deadline approaching in just under four months, now is the time to start preparing, if you haven't already.

By getting ahead of the curve, you can avoid the last-minute rush, reduce the risk of errors, and ensure you take advantage of any tax reliefs or allowances. Here’s a practical guide to help you navigate this crucial period.