3 articles
R&D tax relief can put real cash back into an SME, but only if you understand which scheme applies and how to record it correctly. This guide breaks down qualifying costs, the merged scheme, ERIS, and a worked £200,000 example with journal entries.
Hiring contractors through their own limited company can save money, but only if the engagement is genuinely outside IR35. This guide breaks down the control, substitution and mutuality tests, shows the real cost difference between inside and outside status with a worked example, and explains how to document your decision so HMRC cannot catch your business out retrospectively.
Making Tax Digital is no longer optional for VAT-registered businesses, and MTD for Income Tax is arriving fast for sole traders and landlords. This guide explains the digital link rules, upcoming thresholds, penalty risks, and a worked VAT example so SME owners know exactly what to do next.
