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Questions And Answers

Read our expert answers to your questions

Partnership

I am a partner in a partnership, can I claim the trading allowance?

I operate as a partnership and have trading income from that and no other sources of income, is the trading allowance available for me?

1 min read

First published 28 Feb 2022

VAT percentage

Can I use the Flat Rate VAT Scheme?

1 min read

First published 25 Jan 2022

What penalties can I expect for a late tax return?

What penalties can I expect for a late tax return?

1 min read

Last updated 13 Jan 2022
First published 26 Jan 2016

scaffolder

How to apply for gross payment status as a CIS subcontractor

1 min read

First published 17 Dec 2021

Profit and loss

What to do if your limited company makes a trading loss

1 min read

First published 17 Dec 2021

Christmas Party Costs

Christmas Party Costs

1 min read

Last updated 16 Dec 2021
First published 26 Nov 2019

electric car

Petrol versus electric cars – what are the tax differences?

1 min read

Last updated 30 Nov 2021
First published 30 Nov 2021

VAT

Can I claim back any input VAT?

1 min read

Last updated 22 Nov 2021
First published 22 Nov 2021

Pay slip

Can I pay my tax bill through my PAYE tax code?

1 min read

Last updated 18 Nov 2021
First published 4 Oct 2019

christmas present

Can I buy my employee a present?

1 min read

Last updated 18 Nov 2021
First published 30 Oct 2019

Closing costs

How to close your company

1 min read

Last updated 15 Oct 2021
First published 15 Oct 2021

Tax time

Do I need to complete a self-assessment tax return if I have done a capital gains tax return?

1 min read

Last updated 15 Oct 2021
First published 15 Oct 2021

Man with glasses and beard looking at a laptop while holding a cup

What is Making Tax Digital for Income Tax?

1 min read

Last updated 8 Oct 2021
First published 26 Aug 2021

Mobile Phone

What tax is due if you supply your staff with a mobile phone?

1 min read

Last updated 7 Oct 2021
First published 6 Oct 2020

What is a UTR number?

What is a UTR number?

1 min read

Last updated 6 Sep 2021
First published 6 May 2020

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