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Questions And Answers

Read our expert answers to your questions

small business owner on a laptop

When will Making Tax Digital affect my business?

I run a small limited company but also rent out a couple of properties and I’m confused about whether Making Tax Digital (MTD) applies to me. I think the VAT returns for my company are already being submitted using MTD, but I’m not certain about my income tax and also corporation tax and I don’t want to miss any deadlines.

1 min read

Last updated 4 May 2022 | First published 4 May 2022

bitcoin image

When do I start paying tax on cryptocurrency?

1 min read

Last updated 4 May 2022
First published 4 May 2022

Pension piggy bank

Tax relief on a workplace pension scheme

1 min read

Last updated 25 Mar 2022
First published 25 Mar 2022

employers discussing paperwork

What is Employment Allowance?

1 min read

Last updated 23 Mar 2022
First published 2 Mar 2014

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

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

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

Filing corporation tax

Are accounts and a corporation tax return needed if my company is dormant?

1 min read

Last updated 26 Aug 2021
First published 26 Aug 2021

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