The origin of business rates in England goes back many hundreds of years. These historic taxes on the use of non-domestic property were first formalised with the Poor Law way […] more»

VAT (Value added tax) is a consumption tax paid by the end customer. It can be complex and time-consuming, with penalties if you get it wrong. Obligatory registration for VAT […] more»

Self-employed speechwriter Brian Jenner's sense of foreboding about the looming tax deadline in January got so bad during December that he decided to write a book about it. more»

Put simply, accounts receivables are the sales that you've made and delivered, but which havent been paid for yet. they're a record of the work you've done for a customer and that customer owes you a certain amount of money. more»

There is always a lot that can be gleaned from the details of a profit and loss account sheet, but the key figures will be those that demonstrate how sizeable your profits or losses have been during a specified period. more»

A new study by small business banking platform Tide has revealed that 63 per cent of entrepreneurs spend at least one day each month on financial admin tasks, as micro firm owners struggle with accounting and tax calculations. more»

Sisters Diana and Debbie Domican have more than three decades? experience in financial services and education between them, so in 2014 teamed up to launch The Dom Education Group (Domeg) and offer financial services courses to young people. Business Advice caught up with the pair to find out how the business has been getting on so far. more»