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Welcome to our
Knowledge Base
Help, guidance and useful information about some of the key areas our Accountancy covers
Personal Tax and Benefits
Income Tax bands of taxable income (£ per year) Income tax rates These figures apply to non-dividend income, including income from...
Business Expenses
Tax allowable business expenses are expenses that can be deducted from a business's income for tax purposes, reducing the amount of...
IR35 - For Contractors, Freelancers and Self-Employed
IR35 is a UK tax legislation that was introduced in 2000 to tackle tax avoidance by individuals who work through their own limited...
Self-Employed Taxes
If you are self-employed, you will need to pay taxes on your business income. In the UK, self-employed individuals are required to...
Mutuality of Obligation (MOO)
This is one of three traditional pillars (with personal service and master servant control) required to create an employment relationship...
Construction Industry Scheme (CIS)
Contractors and subcontractors operating in the construction industry are required to register for the Construction Industry Scheme (CIS)...
VAT
VAT (Value Added Tax) is an indirect tax that is added to most products and services sold by VAT registered businesses. Businesses must...
Incorporation and Corporate Actions
Incorporation is the legal process used to form a company. A limited company is a separate legal entity from its owners and recognised...
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