Insights & Advice for Growing Businesses
Explore practical insights, expert advice, and the latest updates on bookkeeping, accounting, tax, and business finance. Our articles are written to help businesses in Cardiff and across the UK make informed decisions, stay compliant, and grow with confidence.
Can I Pay My Self Assessment Bill Through My PAYE Tax Code?Yes—HMRC may collect Self Assessment through your PAYE tax code if you meet the rules, including the £3,000 limit and deadlines.
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Payments on Account: How They’re Calculated, Who Pays, and the Due DatesPayments on account explained: how HMRC calculates them, who pays, due dates (31 Jan & 31 Jul), and when you may not have to pay.
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How to Correct a Self Assessment Tax Return After SubmissionHow to amend a UK Self Assessment tax return after filing, including the 72-hour online wait and the 12-month correction window.
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Do I Still File a Self Assessment Return if I Don’t Know My Profit Yet?Yes—HMRC says you must still file. Use provisional figures, tell HMRC, then amend your return once your final profit is known.
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MTD for VAT Penalties: What HMRC Says About Filing Without Functional Compatible SoftwareHMRC says it may charge a penalty of up to £400 for every VAT return filed without functional compatible software under MTD for VAT.
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