Expenses Archives

Key Accounting Dates May 2025

28th April 2025

As a small business owner, staying on top of important tax deadlines is crucial to avoid penalties and ensure your operations run smoothly. May 2025 brings several key tax dates that all UK businesses must be aware of, from Corporation Tax returns to VAT payments and employee tax forms.

What is Benefit-In-Kind and Company Cars

31st March 2025

Benefit in Kind (BIK) tax applies to employees who receive perks from their employer that have a monetary value—such as a company car. If you drive a company car for personal use, it is considered a taxable benefit, and you'll need to pay BIK tax.

Key Accounting Dates for UK Businesses in March 2025

25th February 2025

In this guide, we'll outline the key accounting dates for UK businesses in March 2025, helping you plan ahead and keep your finances in order.

Key Accounting Dates for UK Businesses in January 2025

27th December 2024

We highlight the key accounting dates in January and provide tips on effectively managing your obligations during this important time.

What expenses can I claim as a Sole Trader?

20th December 2024

Discover the business expenses you can claim as a sole trader. From mileage and office supplies to accommodation and training, find out how to reduce your taxable profit