Category Archives: VAT

Can I claim Christmas gifts to customers as a business expense?

This is a timely question, which we’ve been asked about a lot recently. You want to buy Christmas gifts for your customers and suppliers, but can you claim the gifts as a business expense? If you’re wondering about gifts for employees, check out our blog on Trivial Benefits – which covers the rules around payments […]

MTD for income tax, how it affects sole traders and landlords

Making Tax Digital for Income Tax: What You Need to Know The way small businesses and landlords manage their tax obligations is changing. TD;LR: download our handy MTD Guide now! From April 2026, Making Tax Digital for Income Tax (MTD for IT) will come into effect, impacting sole traders and landlords with a total business […]

I’m going to do my own bookkeeping

bookkeeping

You’ve set up your own business, and you’ve decided you’re going to do your own bookkeeping to keep costs down, and keep a handle on your numbers. How hard can it be right? Well for starters did you set up your business to be a bookkeeper? Actually if you did set up as a bookkeeper, […]