Premier Accounts Blog
Stay up-to-date with Premier Accounts and industry news
Stay up-to-date with Premier Accounts and industry news
by | Jul 16, 2026 | Value Added Tax
If your business is VAT registered, you can usually reclaim VAT on many of the goods and services you buy for business purposes. However, many businesses fail to claim everything to which they are
by | Jul 16, 2026 | Income Tax
Not every hobby becomes a taxable business, but it is important to be aware when this can happen. This can apply even if you are making some money from your hobby. HMRC looks at a range of factors to
by | Jul 16, 2026 | Value Added Tax
Businesses must register for VAT if their taxable turnover exceeds the VAT registration threshold, or if they expect it to exceed the threshold in certain circumstances.
The VAT registration
by | Jul 13, 2026 | Business Support
Artificial intelligence (AI) is no longer just for large organisations. Many small businesses are now using affordable AI tools to reduce administration, improve customer service and free up valuable
by | Jul 13, 2026 | Business Support
Cyber-crime is no longer a problem faced only by large organisations. Small businesses are increasingly being targeted because criminals often assume they have fewer security measures in place. A
by | Jul 9, 2026 | Capital allowances
If you have invested in a new commercial building or carried out significant renovation work, you may have overlooked a valuable capital allowance. The Structures and Buildings Allowance (SBA)
by | Jul 9, 2026 | Capital Gains Tax
If you are selling shares or other investments, you may incur Capital Gains Tax (CGT) on any profit, or ‘gain’, you make. You will need to work out your gain to determine if you need to pay tax, which
by | Jul 9, 2026 | Income Tax
Most individuals can earn interest from their savings without incurring a tax liability thanks to a number of allowances available each tax year (from 6 April to 5 April). These include your Personal
by | Jul 9, 2026 | Employee Benefits
Providing benefits and covering expenses for employees is a common part of running a business, but it is important to understand the tax implications. A benefit that appears simple or low value could
by | Jul 9, 2026 | Income Tax
If you are already registered for Making Tax Digital (MTD) for Income Tax, it is important to ensure you are ready for your first quarterly update deadline. Unlike a traditional self-assessment