Accounting & Tax Guides
Clear, practical guidance for limited companies, sole traders and growing businesses. Browse the latest articles on accounting, tax, bookkeeping, Xero, VAT and running your business.
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What Expenses Can a Limited Company Claim in the UK?
Understanding which expenses your limited company can claim is important for keeping accurate records and avoiding unnecessary Corporation Tax. A genuine business expense can normally be recorded in the company accounts and may reduce the profit on which Corporation Tax is calculated. However, paying something from the company bank account does not automatically make it…
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Do I need an accountant for my limited company?
A limited company is not legally required to appoint an accountant, but professional support can reduce errors, manage deadlines and help directors make better financial decisions.