Daily Archives: September 28, 2018

It’s not personal, it’s business!

A question we are often asked is “Can I use my personal bank account for business?”, the answer is, yes you can, but it’s not good business practice and is frowned upon by HMRC. We often see small business owners dipping into business funds for personal reasons, or using the […]

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Mistakes to avoid on your VAT Return

When introduced into the UK in 1973, VAT was described as a simple tax, but for many small business owners it is anything but simple and if you fall into the trap of making any of the common mistakes we have detailed below, it can be extremely costly. Take a […]