Introduction Death and taxes are often considered the only certainties in life. While we may not have control over the inevitability of death, governments worldwide have long relied on taxes to fund public services and infrastructure. However, imagine a scenario where a 100% tax is imposed on the
How To Issue Sales Invoices Whilst You Are Waiting For Your VAT Number
When you apply for VAT registration, there will be a period of overlap between submitting your application and receiving your VAT number from HMRC. During this time, you are not allowed to charge or display VAT on your invoices. However, you are still required to pay the VAT amount to HMRC for any
Demystifying Statutory Sick Pay (SSP) Calculation in the UK
Updated October 2026: rewritten for the Statutory Sick Pay changes that took effect on 6 April 2026. Introduction When employees in the UK are too ill to work, they may be entitled to Statutory Sick Pay (SSP) from their employer. SSP changed significantly on 6 April 2026 under the Employment Rights
HMRC’s Decision to Close VAT Registration Helpline: A Shift Towards Streamlined Services
Archived article: this was published in May 2023 and reports HMRC news at that time. HMRC services change regularly; see our VAT service or contact us for help with VAT registration. Introduction In a recent announcement, HM Revenue and Customs (HMRC) has declared the closure of the VAT registration
A Guide to the Spring Budget 2023
Archived article: this was published in March 2023 and reflects the Spring Budget announcements at that time. Many rates and rules have since changed. For the latest position, read our Budget 2026 summary and the ACCA guide to tax rates for 2027/28. Corporation tax From April 2023, the planned
Company Formations in the UK in 2022
Archived article: this was published in March 2023 and covers company formations in 2022. Thinking of setting up a company now? See our company formation service. The U.K. saw an increase in company incorporations during 2022 Take a look at one of our partners' infographic which examines company
Maslow’s Hierarchy of Needs and Its Impact on Business
How Meeting Employee Needs Can Drive Success By understanding the needs of their employees and how they can fulfill them, businesses can create a work environment that fosters growth and success. In this blog post, we will explore Maslow's hierarchy of needs and its impact on business. Understanding
Dealing with the HMRC
If you are a taxpayer in the UK and you need to deal with HMRC, there are several ways you can do so: It's important to keep in mind that HMRC has strict deadlines for tax returns and payments, so it's advisable to deal with them as soon as possible if you have any queries or issues. If you're
What is a Confirmation Statement?
The confirmation statement includes details such as the company's registered office address, the names and addresses of its directors and secretary (if applicable), its shareholders, and the nature of its business activities. It also includes information about any changes that have occurred since
The Power of Why: What Simon Sinek’s Start with Why Teaches Small Business Owners
Why did you start your business? Not what you sell, or how you deliver it, but why it exists at all. It sounds like a simple question, yet most business owners find it surprisingly hard to answer. In Start with Why: How Great Leaders Inspire Everyone to Take Action, author and speaker Simon Sinek