Blog

Starting a business is exciting, but let’s be honest – the paperwork side of things can be a proper headache. Company formation, registered addresses, VAT registration… it’s enough to make you want to stay a sole trader forever. But here’s the thing: incorporating as a limited company often makes financial sense. Better credibility with suppliers, … Read more

Thinking about buying a used electric vehicle (EV) for your business? Smart move – electric cars are brilliant for the environment and your running costs. But if you’re a sole trader, you might be wondering: “Can I save VAT if I buy the car through my business?” The short answer? It’s complicated. But don’t worry … Read more

AI can do some amazing things… but also some weird and dodgy ones. One thing that’s popped up lately? People using AI to create fake receipts and invoices – and they look very real. Like, convincing enough to get through a busy finance team on a Friday afternoon real. So, from an accountant’s point of … Read more

Being self-employed means you won’t have access to Statutory Sick Pay (SSP) when you’re ill. However, you can still apply for financial support through several benefits: 1. Employment and Support Allowance (ESA): You can claim ESA if you’re unable to work due to illness or injury, but don’t have to stop work entirely if you … Read more

Simply put, the Construction Industry Scheme “CIS” helps regulate the payments that construction contractors make to subcontractors who carry out work for them. They must complete a CIS return each month, so that HMRC know who has been paid, and how much. Who should register for CIS? A contractor, architect or tradesperson who uses subcontractors … Read more