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Quick Guide to VAT Returns (MTD)

With the advent of HMRC’s Making Tax Digital (MTD) initiative, it is vital that traders keep on top of the changes. In today's article, we explore a quick and cost-effective way to complete your quarterly VAT Returns online...

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  • AbraTax Team
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10 Ways to Optimise Your Side Hustle

Are you ready to unlock untapped business potential? Read on for 10 ways to optimise your side hustle as a sole trader today!

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  • AbraTax Team
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Am I a “Sole Trader”?

Are you self-employed? Then you might be a sole trader! Read on for more details...

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  • AbraTax Team
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What is a Business Bank Account (and Do I Need One)?

One service (among many) that can significantly smoothen this process is a business bank account – but what exactly is a business bank account, and do you need one? Read on as we delve into the details!

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  • AbraTax Team
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What Is HMRC, Actually?

HMRC is a UK household name and vital financial institution – but what exactly is it and where did it come from?

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  • AbraTax Team
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Corporation Tax vs. VAT vs. Income Tax

The various types of tax and financial obligations can seem overwhelming... but they don't need to be!

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  • AbraTax Team
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What is “Making Tax Digital”?

Making Tax Digital (MTD) was first announced in 2015 by the UK government as a transformative, modern approach to the traditional tax system, including Income Tax Self Assessment (ITSA).

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  • AbraTax Team
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How to Send a Successful VAT Return

Thanks to HMRC's Making Tax Digital initiative, filing your VAT Return has taken a digital turn... Here is a step-by-step guide to help ensure seamless compliance!

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  • AbraTax Team
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Top Tips for Financial Record-Keeping

Maintaining comprehensive financial records is essential for a number of reasons, including budgeting, planning, and applying for loans and investments...

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  • AbraTax Team