by Accountants Sheffield | Oct 29, 2024 | VAT
So, you’ve started a small business, and things are going well, but you now realise that you are approaching the turnover rate for Value Added Tax (VAT). It sounds complex, but our accounting team have broken it down into manageable steps so you can get a handle... 
by Accountants Sheffield | May 21, 2024 | Business, VAT
The rise of social media platforms like TikTok has created a new breed of entrepreneurs known as content creators. You’re likely to have seen content creators on social media platforms such as YouTube, Instagram, TikTok, and Facebook. They create and share a... 
by Accountants Sheffield | Nov 28, 2023 | VAT
We get how you are feeling; as a business owner, you have probably been finding it challenging to keep up with all the tax changes that are happening at the minute. But, staying up to date with tax regulations is crucial to keep your company tax compliant and to avoid... 
by Accountants Sheffield | May 16, 2023 | Blog, VAT
You’ve likely heard the term “VAT threshold” thrown around if you’re a business owner. But what exactly does it mean? VAT can sometimes seem like a daunting prospect, especially if your business is skirting close to the VAT threshold. In this... 
by Hannah Adams | Jan 4, 2022 | Business, Cash Flow, VAT
Paying taxes are a necessary business expense for everyone, from limited companies to sole traders but it can be a drain on cash flow especially if it hasn’t been planned for. This is where an HMRC time to pay arrangement comes in! With VAT, corporation tax, PAYE and... 
by Hannah Adams | Mar 1, 2021 | VAT
Back at the beginning of the pandemic, the government offered a lifeline to VAT registered businesses that were worried for the future of their cash flow. They did this by creating the deferred VAT scheme – automatically deferring VAT payments for thousands of...
