Tag: online tax return

Tax strategies for year-round planning

Tax strategies for year-round planning | 2-minute read Tax planning is not just a once-a-year task. It’s an ongoing process that can help small businesses see significant savings throughout the year. While its common to focus on tax savings in early spring as the end of tax year approaches, most business owners don’t realise the…

5 Purchases you didn’t know were tax deductible

Keep reading to find out five business purchases you didn’t know were tax deductible. It is important that limited companies pay the right amount of tax each year to avoid fines and penalties from HMRC. Just like it is important not to underpay tax, it is also important that businesses do not pay tax on…

Do I have to file a self-assessment tax return?

Do I have to file a self-assessment tax return? | 3 minute read  Whether you are self-employed as a sole trader and earned more than £1000 or you are a partner in a business, you must file a tax return to HMRC. A self-assessment form is a different type of tax, which is designed to…