YBSM Partners

Alert: Not all professional training costs can be claimed as business expenses! If your course builds skills you already use, there's a chance to get tax relief. But starting fresh in a new business area? That won't qualify. Keep records and check if your course fits. Find out why this matters for your wallet and business, read on!

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Urgent for employers: Every payday, your Full Payment Submission must reach HMRC on time, covering all employees, even those earning less than £96 weekly. Curious why timing is key and how early you can send it? Read on to avoid costly errors and keep your payroll on track.

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Are you sure the VAT scheme you are using is still the best option for your business? Small changes in turnover could mean you're missing out on simpler VAT processes or better cash flow. Find out why reviewing your VAT setup could pay off today. Read on to see what might work better for you.

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Alert: HMRC may be holding money that's rightfully yours! Overpaid tax, job expenses, pensions etc. Check if you can claim a refund now. Find out why it matters and how to act today.

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Changes in your personal or financial situation could affect your tax and benefits. Have you informed HMRC yet? Find out why staying updated matters to avoid unexpected tax bills or overpayments. Read on to make sure you're covered.

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Alert for self-employed: Your business records aren't just paperwork, they're your proof when HMRC comes knocking. Are your sales, expenses, and taxes all clearly tracked? Read on to see why neat records could save you from stress later.

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Alert for the self-employed: Did you know some business insurance costs could reduce your tax bill? Discover what qualifies and how to keep your claims solid. Find out why keeping invoices is key to avoiding hassle with tax relief claims. Read on to protect your profits!

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Urgent update for new employers! If you're starting to pay staff or subcontractors, there's a must-do step before payday. Missing it could complicate your payroll. Find out why registering as an employer matters for your business now.

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Alert: When does your hobby turn into a taxable business? Making a few sales might not trigger tax, but growing activity could. Find out why understanding this matters before you cash in. Read on to see if your pastime is still just a hobby or something more.

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Alert for VAT-registered businesses: Are you missing out on VAT refunds to which you are entitled? Discover how you could claim more on your business expenses and get a boost for your budget. Find out why it pays to check your VAT returns carefully and capitalise on what's owed to you.

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