Questions And Answers
Read our expert answers to your questions
How do I know how much I am owed by my customers?
I run a small business but struggle to keep on top of what my customers owe me, is there a way I can easily keep track of my debtors?
First published 26 Aug 2021 | Last updated 15 Oct 2021
Do I need to use software for my tax records?
First published 25 Aug 2021
Do I need to register for Making Tax Digital for VAT?
First published 25 Aug 2021
Last updated 29 Sep 2021
I have been renting out a house for several years but have never told HMRC.
First published 20 Aug 2021
Last updated 23 Aug 2021
What should I do if I have made a mistake on my VAT return?
First published 20 Aug 2021
Last updated 20 Mar 2024
What is my accounting reference date?
First published 20 Aug 2021
Last updated 23 Aug 2021
I have sold a residential property but why do I have to report this to HMRC?
First published 20 Aug 2021
Last updated 3 May 2024
How do I work out turnover to allow me to claim a fifth SEISS grant?
First published 27 Jul 2021
Last updated 13 Feb 2024
Receiving interest when lending your company money
First published 21 Jul 2021
Claiming business mileage on a private car
First published 21 Jul 2021
Last updated 21 Jul 2021
Claiming input VAT after deregistration
First published 21 Jul 2021
Last updated 21 Jul 2021
Changes to the Coronavirus Job Retention Scheme from 1st July
First published 6 Jul 2021
New employers and Auto Enrolment
First published 10 Aug 2017
Last updated 20 Sep 2022
Is it a hobby or a trade?
First published 2 May 2019
Last updated 26 May 2021
Do I need to pay tax on bank interest that I have received?
First published 28 Feb 2020
Last updated 26 May 2021