self employed Archives

How to Contact HMRC for Tax Support and General Enquiries

By nOM 11 November 2024

Navigating tax matters can sometimes require direct assistance from HMRC. Whether you need help with Self-Assessment, VAT, the Construction Industry Scheme (CIS), Corporation Tax, or PAYE, HMRC offers dedicated helplines,…

How to Pay Your HMRC Tax Bills Online

By nOM 11 November 2024

Paying taxes on time is crucial to staying in HMRC's good books and avoiding penalties. Whether it's Corporation Tax, Employers’ PAYE, National Insurance, Self-Assessment, or VAT, understanding the steps to…

Key Accounting Deadlines to Stay Compliant with HMRC

By nOM 11 November 2024

Meeting HMRC’s reporting requirements is essential for businesses in the UK to avoid penalties and ensure ongoing compliance. At NTD, we understand the importance of timely submissions and accurate reporting.…

Essentials of Cash Flow Management for Small Businesses

By nOM 17 April 2024

Introduction to Cash Flow Management Cash flow is the lifeblood of any business, especially for small businesses where financial maneuverability is often more constrained. Effective cash flow management involves monitoring,…

The Role of Financial Statements in Business Decision Making

By nOM 17 April 2024

Introduction to Financial Statements Financial statements are crucial tools in the business environment, serving as the formal record of a company's financial activities. The main types of financial statements include…

Managing Tax Risks in Business Acquisitions

By nOM 17 April 2024

Introduction to Tax Risks in Acquisitions Business acquisitions are complex transactions with significant financial implications, including a variety of tax risks. These risks can stem from hidden liabilities, incompatible tax…

The Essentials of Corporate Tax Planning for Start-Ups

By nOM 17 April 2024

Introduction to Corporate Tax in the UK Understanding corporate tax is crucial for start-ups in the UK, as it directly impacts financial health and compliance. Corporate tax, or Corporation Tax,…

Effective Tax Strategies for Small Business Owners

By nOM 17 April 2024

Introduction to Tax Planning Effective tax planning is crucial for small business owners in the UK, offering significant benefits such as improved cash flow, maximized profitability, and reduced tax liability.…

How to Maximize Business Deductions This Fiscal Year

By nOM 16 April 2024

Introduction to Business Deductions in the UK For UK-based small to medium business owners, understanding and maximizing business deductions is crucial for reducing taxable income and enhancing profitability. Business deductions…

How to Work Around VAT: Strategies for Compliance and Improvement

By nOM 16 April 2024

Introduction to VAT in the UK Value Added Tax (VAT) is a crucial component of the UK tax system, applied to the sale of goods and services. As a consumption…