Accounting Blog
Expert insights for United Kingdom businesses
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When HMRC asks a sole trader to clarify figures, it’s usually routine, not a crisis. This guide explains how to respond calmly, gather evidence, reconcile your numbers, meet deadlines, correct errors, and reduce escalation risk, helping you resolve HMRC queries quickly and confidently with practical steps and clear examples included.
Wondering if a handful of invoices means no tax? This guide explains how invoices differ from taxable income, when small freelance or side income must be reported, how profit, allowances, and thresholds work, and why even occasional invoicing can trigger filing or tax obligations depending on your circumstances and location.
Learn how to record income when you’re paid partly in cash and partly online. This practical guide shows freelancers and small businesses how to track split payments, avoid double-counting, manage invoices, handle deposits and fees, and keep clean, audit-ready records without complicated accounting systems for tax time, confidently and consistently.
Business-related digital storage and backup costs are often tax-deductible, but the rules depend on business use, structure, and location. This guide explains what qualifies as claimable storage or backup expenses, how subscriptions and hardware are treated, and how to handle mixed personal and business use cleanly.
Running multiple micro-businesses can complicate taxes fast. This guide explains how to report income, separate businesses from hobbies, allocate shared expenses, handle losses, and manage self-employment and sales taxes. Learn practical systems to stay compliant, avoid common mistakes, and reduce stress while growing multiple income streams with clear financial confidence.
Mixing business and personal finances is common, but it doesn’t have to derail your accounts. This practical guide shows freelancers and small businesses how to clean up mixed transactions, separate business from personal spending, document decisions, and produce accurate, defensible accounts that accountants, lenders, and tax authorities can trust today.
Can you claim professional photos or headshots as a business expense? This guide explains what “business-related” really means, how the “wholly and exclusively” test applies, and when claims get tricky. Learn how sole traders and companies should record costs, handle mixed-use sessions, and keep invoices, licensing terms, and evidence of commercial use.
Can you claim business expenses for professional headshots or brand photos? This guide explains when photography is deductible, how “wholly and exclusively” rules apply, and what evidence to keep. Learn common scenarios, mixed-use pitfalls, capital vs marketing treatment, VAT considerations, and practical bookkeeping tips. Stay compliant. Maximise legitimate tax relief.
Can you claim professional photography or headshot costs as a business expense? This practical guide explains when photos qualify as business-related, how tax authorities assess purpose and use, how to document claims, handle mixed personal use, and avoid common pitfalls when claiming photography, branding, and marketing expenses for small businesses.
