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If you own a business, property, or significant assets, inheritance tax and exit planning affect how much you keep when you sell or pass it on. VABK explains the options.

Making Tax Digital for Income Tax Self Assessment starts April 2026 for sole traders and landlords earning over £50,000. Here is what changes and how to prepare.

Who needs to file a self assessment tax return, what's included, key deadlines, and how to avoid the most common mistakes. VABK explains it plainly.

ISO 9001 certification is increasingly required by main contractors and public sector clients. Here is what it involves, how long it takes, and how VABK prepares you.

The domestic reverse charge for construction changed VAT for contractors and subcontractors in 2021. Here is exactly how it works, when it applies, and what to do.

What is the Construction Industry Scheme? How CIS deductions work, gross payment status, monthly returns, and what happens if you get it wrong. VABK explains.

Ever wondered why the UK tax year starts on April 6? The answer goes back to medieval finance, lost calendar days, and a government eager to protect its tax revenue. Discover this fascinating historical quirk and why it still affects your taxes today!

Mistakes to Avoid and Solutions for Success" In this candid and heartfelt account, Frank shares his journey through the highs and lows of running a residential renovations company. From underbidding contracts to neglecting insurance and ignoring cash flow management, he recounts the critical mistakes that nearly brought his business to collapse. But with every misstep came a valuable lesson.

This blog post demystifies the complexities of Reverse Charge VAT, offering practical solutions for businesses, particularly in the construction sector. It highlights the importance of correct application, from identifying end users and including required invoice details to understanding the distinct rules of CIS and DRC. By addressing frequent mistakes and providing actionable steps, this guide equips readers with the knowledge needed to comply confidently and efficiently with VAT regulations.

This blog post unpacks the process of applying for CIS Gross Payment Status and explains how subcontractors in the construction industry can benefit from receiving full payments without tax deductions. It outlines the criteria for eligibility, provides insights into maintaining compliance to avoid revocation, and highlights steps to appeal rejected applications.

Discover insights and explanations that empower you to understand and navigate business complexities with confidence. From task delays and emotional patterns to financial systems and compliance, our resources provide clarity and perspective for growth and productivity.

Discover everything you need to know about Making Tax Digital (MTD) for Income Tax. Our comprehensive guide covers eligibility, submission options, penalties, recommended software, and expert advice to simplify tax compliance for self-employed individuals and landlords.