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VELVET TEXADO
VELVET TEXADO
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£100 Million Investment Package for British Entrepreneurs What You Need to Know
£100 Million Investment Package for British Entrepreneurs What You Need to Know.
The UK government has recently announced a £100 million investment package aimed at boosting entrepreneurship across the country. This move is designed to support start-ups and scale-ups by making it easier and more attractive for investors to back innovative businesses. The package includes significant changes to existing tax relief schemes and new strategic plans to strengthen the business envi
Libin Lazar
Apr 204 min read


HMRC Warns Millions of Automatic £17 Tax Increase and Rising Scams on Winter Fuel Payments
What You Need to Know About the Automatic £17 Tax Increase
HMRC has implemented an automatic £17 increase in tax for millions of individuals. This change is part of the government’s ongoing adjustments to tax rates and thresholds, but it has caught many by surprise because it applies automatically without requiring any action from taxpayers.
Libin Lazar
Apr 203 min read


Surge in HMRC VAT Probes Signals Growing Complexity for Large Businesses
Rising VAT Investigations and What They Mean
HMRC’s probes into unpaid VAT involving large and medium-sized companies jumped by 31 percent last year, reaching nearly 12,000 cases. This increase is part of a broader rise in VAT investigations overall, which climbed from about 103,790 to 110,300 in the same period. The government has made closing the tax gap a priority, focusing on ensuring businesses pay the correct amount of VAT.
Libin Lazar
Apr 203 min read


How Much Does an Accountant Cost in the UK? (2026 Guide for Businesses)
How Much Does an Accountant Cost in the UK? (2026 Guide for Businesses)
One of the most common questions for UK business owners is: How much does an accountant cost?
Whether you are a limited company, contractor, or small business owner, understanding accounting fees helps you plan your finances and choose the right service provider.
Libin Lazar
Mar 192 min read


How to Change Your Accountant in the UK (Step-by-Step Guide 2026)
How to Change Your Accountant in the UK
Many UK businesses and contractors choose to change their accountant at some point. This may be due to poor communication, high fees, or the need for more specialised accounting services.
Changing your accountant is a straightforward process when handled correctly, and it can help improve your financial management and compliance with HMRC.
Libin Lazar
Mar 192 min read


Sole Trader vs Limited Company in the UK: Complete Guide (2026)
When starting a business in the UK, one of the first decisions entrepreneurs must make is choosing the right business structure. The two most common options are operating as a sole trader or forming a limited company.
Both structures have advantages and responsibilities. Understanding the differences helps business owners choose the structure that best suits their needs.
Libin Lazar
Mar 162 min read


Allowable Business Expenses for UK Limited Companies
Learn which business expenses UK limited companies can claim to reduce corporation tax. Understand allowable expenses, HMRC rules, and tax deductions.
Libin Lazar
Mar 62 min read


Payroll Services in the UK: Complete Guide for Small Businesses (2026)
Learn how payroll works in the UK, including PAYE registration, employee payments, tax deductions, and HMRC reporting requirements.
Libin Lazar
Mar 62 min read


Self Assessment Tax Return UK: Complete Guide for Individuals & Contractors (2026)
Learn how Self Assessment tax returns work in the UK, including who needs to file, deadlines, penalties, and HMRC requirements.
Libin Lazar
Mar 62 min read


VAT Registration in the UK: When and How to Register for VAT (2026 Guide)
VAT (Value Added Tax) is an important part of running a business in the UK. Many businesses must register for VAT once their turnover reaches the VAT threshold.
Understanding VAT registration rules helps businesses stay compliant with HMRC and avoid penalties.
This guide explains when VAT registration is required and how the process works.
Libin Lazar
Mar 62 min read


How to Register a Limited Company in the UK (Step-by-Step Guide 2026)
Starting a limited company is a popular choice for entrepreneurs and contractors in the United Kingdom. A limited company structure offers benefits such as limited liability, tax planning opportunities, and increased business credibility.
Registering a company in the UK is a straightforward process, but it requires following the correct steps and meeting Companies House requirements.
This guide explains how to register a limited company in the UK step by step.
Libin Lazar
Mar 52 min read


Corporation Tax for UK Limited Companies: Complete Guide (2026)
Corporation tax is one of the most important financial responsibilities for UK limited companies. Businesses must calculate and pay corporation tax on their profits every financial year.
Understanding how corporation tax works helps companies stay compliant with HMRC and avoid costly penalties.
Libin Lazar
Mar 52 min read


Company Accounts for UK Limited Companies: Complete Guide (2026)
All UK limited companies are required to prepare and file company accounts every year. These financial statements provide an overview of the company’s financial position and must be submitted to Companies House and HMRC.
Understanding how company accounts work helps business owners stay compliant with legal requirements and avoid penalties.
Libin Lazar
Mar 52 min read


Best Accountant for UK Contractors: What to Look For (2026 Guide)
Why Contractors Need a Specialist Accountant accountant for UK contractors Unlike regular employees, contractors must handle their own tax and financial records. This includes managing company accounts, filing tax returns, and complying with UK tax regulations. A specialist contractor accountant understands the unique needs of freelancers, consultants, and contractors working through limited companies. Key Services Contractors Should Expect A professional accountant for UK co
Libin Lazar
Mar 52 min read


How to File VAT Returns in the UK (Complete Guide 2026)
Value Added Tax (VAT) is one of the most important taxes businesses must manage in the United Kingdom. If your business is registered for VAT, you are required to submit VAT returns regularly to HMRC.
Filing VAT returns correctly helps businesses remain compliant with tax regulations and avoid penalties. In this guide, we explain how VAT returns work in the UK and how businesses can file them correctly.
Libin Lazar
Mar 52 min read


Bookkeeping for UK Limited Companies: Complete Guide (2026)
Bookkeeping is one of the most important responsibilities for any UK limited company. Accurate financial records help businesses stay compliant with HMRC regulations, manage cash flow, and make better financial decisions.
In the UK, limited companies must maintain proper accounting records and submit annual reports such as company accounts and tax returns. Good bookkeeping ensures that these obligations are met without errors or penalties.
This guide explains everything you
Libin Lazar
Mar 53 min read
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