What is CIS? The construction industry scheme

Under the Construction Industry Scheme (CIS), contractors deduct money from a subcontractor’s payments and pass it to HM Revenue and Customs (HMRC).

April 2, 2025

VAT – Vat Schemes

A summary of the most common VAT schemes

March 30, 2023

VAT registered – What does it mean?

February 24, 2023

What is bookkeeping and why is it important

Bookkeeping is an important part of any business because it makes budgeting easier. With your expenses and income organised well, it is easy to review your costs and resources. Your budget is your business's financial roadmap.

February 17, 2023

Payments on Account

In the UK, taxpayers are required to pay taxes on their income and profits each year. The payment on account system is a way for taxpayers to make payments towards their tax bill in advance, rather than waiting to pay the full amount at the end of the tax year.

February 17, 2023

Tax-Free Childcare account

This a reminder to families eligible for tax-free childcare that they can use the tax-free childcare scheme to help with childcare costs now children have gone back to school. HMRC is saying thousands of eligible people are currently missing this opportunity.

February 17, 2023

How to be Self-employed

Are you struggling with becoming self-employed? We have put together a little need to know on how to do that.

January 18, 2023

Company vs self-employed

You have your idea that you want to start a business. Now what business entity is the best for you entirely depends on your circumstances.

December 3, 2022