BHUK Group Logo
Book My FREE Review
Corporation Tax and Business Expenses: What Should You Review?

Corporation Tax and Business Expenses: What Should You Review?

Getting corporation tax allowable expenses right matters because every item you claim affects your taxable profit. The review should focus on three core questions: was the cost incurred for the business, is it revenue rather than capital in nature and is it one of the...
How Can an Accountant Help With Corporation Tax?

How Can an Accountant Help With Corporation Tax?

If you run a limited company, a corporation tax accountant can help by preparing your Company Tax Return, calculating what needs to be included, coordinating the supporting accounts and tax computations and making sure filing and payment deadlines are not missed. In...
Corporation Tax Returns: A Guide for Limited Companies

Corporation Tax Returns: A Guide for Limited Companies

For most UK limited companies, corporation tax returns are not optional admin to deal with when there is time. They are a core compliance duty. After the end of your financial year, a private limited company must prepare annual accounts and a Company Tax Return, which...
What Happens at the End of the Tax Year Under Making Tax Digital?

What Happens at the End of the Tax Year Under Making Tax Digital?

If you are asking about making tax digital year end, the short answer is this: the end of the tax year does not replace your final tax filing duties. Under HMRC’s current guidance for Making Tax Digital for Income Tax, quarterly updates are not your final tax...
Do You Need an Accountant or Bookkeeper for Making Tax Digital?

Do You Need an Accountant or Bookkeeper for Making Tax Digital?

If you are wondering whether you need a making tax digital accountant or bookkeeper, the short answer is no, not everyone will. But for many sole traders, landlords and small business owners, getting the right support can make Making Tax Digital much easier, reduce...