skip to navigationskip to main content

Brighton Office: 01273 202311

Wimbledon Office: 020 8946 1212

Blog

Saving for Retirement: What are Your Options?

Thinking about the future can be overwhelming, but knowing your options for retirement can make planning easier. Whether you’re employed or self-employed, it’s important to know the different ways you can begin saving. Understanding these options is the first step in navigating the road to retirement. Keep reading for a breakdown of the main retirement…Read More

How to Improve Your Budgeting

Budgeting is essential for financial stability, whether for personal or business finances. The benefits of good budgeting include reducing financial stress, planning for the future and making informed financial decisions, whether managing a household, running a business or leading a charity. We want to share some tips to improve your budgeting, to make it more…Read More

Essential Tax Tips for Small Businesses

Effective tax planning is key for small businesses to ensure compliance, minimise liabilities and maintain financial stability. However, keeping up with the changes in tax laws, filing tax returns accurately and on time, and managing various tax responsibilities can be complex. At Hartley Fowler, our team of experienced accountants are ready to help you simplify…Read More

A Guide To VAT

Navigating the Essentials Value Added Tax (VAT) can seem complicated at first glance, but understanding the fundamentals can make a real difference to your business. This guide breaks down the essentials of VAT in the UK, providing you with a clear overview to help you navigate this important tax. VAT Basics: What is VAT? Essentially,…Read More

UK Accounting Trends for 2025: Navigating a Changing Landscape

The UK accounting industry has undergone significant shifts in recent years, driven by rapid advancements in technology, evolving regulations, and changing client expectations. As we step into 2025, accountants will need to embrace these changes and adapt to the challenges they bring. Below, we explore the key trends shaping the future of accounting and how…Read More

Navigating Tax Deductions: A Guide to Maximising Savings for UK Businesses

Tax efficiency is important for the financial success of any business. Whether you’re a startup, SME, or an established corporation, understanding and utilising tax deductions can significantly improve your bottom line. Before we look at ways to maximise savings for your business, it’s important to understand the fundamentals of tax deductions and how they work.…Read More

Why is it Important to Have a Business Plan?

A well-thought-out business plan can set your company on the right path, providing a clear roadmap to turn your business into a success. It outlines the steps required to achieve your goals, ensuring you stay focused and organised. However, business plans aren’t just for new ventures. As the year draws to a close, it’s a…Read More

What is a Staff Expense Claim Form?

Expense claims are a standard procedure used by businesses to reimburse employees for costs incurred during work-related activities. In this article, we’ll cover everything you need to know regarding staff expense claim forms – from their purpose and how they function to common challenges you may face when managing them. What is an Expense Claim?…Read More

What is Probate and How Long Does it Take?

In England and Wales, “Probate” refers to the legal and financial procedures required to manage and distribute the assets of a person who has died. This process involves validating the will and confirming who is authorised to administer the estate. Before the next of kin or the executor named in the will can claim, sell…Read More

What is the Threshold For VAT?: Everything You Need to Know

The UK VAT registration threshold is the amount of a business’s annual taxable turnover at which companies must register for value-added tax (VAT). This is the tax added to most products or services in the UK. In this article, we’ll outline everything you need to know about the VAT threshold. From how to calculate it…Read More

How to Pay Corporation Tax in the UK

In a similar way that individuals pay income tax on their earnings, UK businesses must pay Corporation Tax on their annual profits. The rate of Corporation tax will differ depending on how much profit your company makes. From 1st April 2024, the rate for Corporation Tax is as follows: Companies with profits between £50,000 and…Read More

The Importance of Inheritance Tax Planning

Prepare Now To Secure Your Legacy Inheritance tax is a topic people would understandably prefer not to think about. However, putting plans in place now will make the whole process considerably simpler and smoother for your loved ones when the time comes for them to receive the inheritance you will leave them. What Is Inheritance…Read More

Bookkeeping 101: Basic Bookkeeping For a Small Business

To ensure your finances make sense, bookkeeping is a vital part of small business operations. As a fairly new venture, you may decide to manage your own bookkeeping, however, as your business grows, you might find yourself in need of some assistance. In this article, we outline the basic components of bookkeeping for small businesses,…Read More

How To Get Tax Exempt Status For Your Non-Profit Organisation

As a new UK non-profit organisation, you may have found yourself wondering whether or not you’re required to pay tax. The assumption that charities don’t have to pay any tax at all is not true. While you are usually exempt from paying tax on most of your income and gains (if used for charitable purposes),…Read More

What is a P11D Form? Everything You Need to Know

A P11D form serves as a comprehensive document in which employers can report specific taxable benefits in kind to HM Revenue & Customs (HMRC). These benefits are either ineligible or intentionally excluded from regular payroll processing, subject to PAYE and NIC deductions throughout the year. The intricacies of what should be included in a P11D…Read More

go-cardless