Accounting Blog

Can you claim tax relief on office furniture? This guide explains when desks, chairs, and storage count as business assets, how capital allowances work, and what changes for home offices, sole traders, and companies. Learn how to classify, apportion, and document furniture costs correctly without common mistakes and tax surprises.

Learn when IT support, repairs, and troubleshooting costs are allowable business expenses. This guide explains repairs vs replacements, mixed personal use, home working, subscriptions, VAT issues, and record-keeping, helping freelancers, companies, and contractors claim correctly, reduce taxable profits, and avoid common mistakes with business technology costs in everyday situations confidently.

Subscriptions and retainers power recurring revenue, but they carry different promises, delivery patterns, and accounting implications. This guide explains how to define scope, invoice consistently, track delivery, manage deferred revenue, plan for taxes, and build simple systems that keep cash flow predictable while avoiding confusion, scope creep, and financial surprises.

Learn how earning income across multiple countries triggers complex tax rules. This guide explains tax residence, income sourcing, double taxation, treaties, foreign tax credits, and common cross-border scenarios like remote work, freelancing, investments, and overseas property—helping globally mobile individuals stay compliant, avoid mistakes, and manage multi-country tax obligations confidently worldwide.

Can you claim professional photography or video as a business expense? Often yes—when it’s incurred wholly and exclusively for business, like product photos, explainer videos, event coverage, or staff headshots. This guide explains revenue vs capital treatment, mixed personal use, apportionment, and the records you need to support a defensible claim.

Tax compliance for very small businesses depends on systems, not last-minute returns. This guide explains simple workflows—banking separation, accounting software, invoicing, receipts, sales tax, payroll, and calendars—that create clean records, predictable cash flow, and audit-ready compliance all year, without expensive tools or complexity and fewer surprises at filing time deadlines.

Do service sellers need to register for VAT? This guide explains how VAT applies to services, taxable turnover, registration thresholds, exempt vs taxable supplies, and cross-border rules. Learn when service businesses must register, when voluntary registration helps, and how place of supply decisions affect VAT obligations for modern service-based businesses.

When a sole trader changes industry or business activity, it affects more than branding. This guide explains how pivots impact tax, HMRC reporting, VAT, insurance, licences, contracts, pricing, and compliance. Learn what to update, common pitfalls to avoid, and how to manage a smooth, legally sound transition with confidence today.

Submitting estimated figures instead of exact amounts can trigger audits, delays, corrections, or cash-flow surprises. This guide explains what estimated figures mean, when they’re allowed, the risks involved, and best practices to make estimates defensible, compliant, and easier to correct once final numbers arrive across taxes, benefits, grants, and reporting.