Showing all "Sole traders" articles

End of Year Tax Planning Tips

Each March, Pillow May carries out a 360° purposeful financial review designed to deliver value far beyond your annual tax return. This holistic review ensures remuneration has been taken efficiently and considers…

Current Fuel Advisory Rates

Fuel advisory rates are used to calculate the amount of VAT a company can reclaim relating to the fuel element of the mileage allowance payments. These rates are also used for mileage…

How not to fall prey to a cyber attack

What is APP Fraud? Cyber-crime continues to evolve, becoming more sophisticated and harder to detect. One of the most damaging forms is Authorised Push Payment (APP) fraud, where individuals or businesses are…

Good Business Charter Accreditation

We’re proud to share that we have achieved accreditation from the Good Business Charter (GBC) a milestone that reflects not only our commitment to responsible business but also our core values that…

Directors Duties and Responsibilities

Company directors are responsible for the management of their companies. They must act in a way most likely to promote the success of the business and benefit its shareholders. They also have…

Guide to Employee Holiday Accruals

Supporting Fairness, Clarity, and Wellbeing in Leave Management Managing employee holidays can be complex, especially when they overlap with other types of leave. This guide is designed to help you navigate holiday…

Guide to overseas transactions on VAT returns

Reverse Charge – Buying Services from Abroad The reverse charge applies when a UK business purchases services from overseas suppliers. Instead of the supplier charging VAT, the UK customer accounts for it…