Depending on the VAT accounting period you’ve chosen, your deadline for VAT return will be a set date following submission. You should allow plenty of time for the payment to
After filing your first VAT return, you may wonder how to pay your VAT bill for the VAT you have collected. Collecting VAT is an essential task for HMRC
Whether you’re a contractor or a subcontractor, you may be wondering how to register for CIS. The Construction Industry Scheme (CIS) is an HMRC scheme that applies to businesses and
Businesses are able to claim relief on many purchases, including capital allowances on cars and vans. However, it can be difficult to pinpoint exactly how much that allowance can be,
There are a number of advantages to limited company ownership. In fact, for many sole traders, it may be very worthwhile to start working through a limited company. However, some
Beyond casual Fridays, employers can offer all kinds of perks including company cars. Besides the obvious benefit of having your own set of wheels, you can also make savings
From personal allowance to capital gains, there are myriad ways to pay less tax in the UK. Most people lose out because they don’t know what they can claim
On 3rd March, Rishi Sunak unveiled the Government’s spending plans for the year. His speech outlined several support schemes to aid business and economic recovery in the aftermath of the
Unless you want to work for the rest of your life, you need to plan your finances accordingly. There are lots of different ways you can save for your retirement,
The accounting team at UWM have been serving local businesses for over 30 years. Our clients’ needs are at the heart of everything we do, from delivering accurate financial support
