Category: Uncategorized
Making Tax Digital for Income Tax in 2026/27: what changes for sole traders and landlords
Making Tax Digital for Income Tax starts on 6 April 2026 for sole traders and landlords with qualifying income over £50,000. Here is what the rules change, when the quarterly updates fall, and how the final declaration still works.
How to read your management accounts: a plain-English guide
Management accounts are the internal view of how a business is really doing. This guide walks through the profit and loss, balance sheet and cash view, and the KPIs that most owner-directors look at first.
When is Corporation Tax due? Payment and filing dates explained
A plain-English guide to Corporation Tax payment and filing dates for UK limited companies: when the payment is due, when the CT600 is filed, instalments for larger companies, and the current late-filing penalty amounts.
Cash runway: how to calculate it, and what the number tells you
Cash runway is how long a business can keep operating at its current burn rate before cash runs out. This guide covers the formula, how to handle VAT, PAYE and seasonal costs, and what to do when the number shortens.
How to read your management accounts: a plain-English guide
Management accounts are the monthly view of how a business is doing. This guide walks through the three statements, the margins to watch and the questions to ask each month.
GST registration threshold: when a small business must register
A business must register for GST when its GST turnover reaches $75,000. Non-profits register at $150,000. Taxi, limousine and ride-sourcing providers register regardless of turnover.
Cash runway: how to calculate it, and what the number tells you
Cash runway is cash on hand divided by average monthly net burn. A straightforward number, with a few traps around tax timing, seasonal revenue and one-off costs.
BAS due dates for the 2026–27 income year: quarterly and monthly lodgement
The 2026–27 quarterly BAS falls due on 28 October 2026, 28 February 2027, 28 April 2027 and 28 July 2027. Monthly BAS is due on the 21st of the following month.