News & Press

There is often much confusion about whether or not your business should register for VAT. There is a threshold of £79,000 for taxable turnover which requires a business to register for VAT by law, but many businesses with a taxable turnover...

One of the most important aims of all businesses is to pay the correct but the lowest amount of tax possible and to ensure that this is achieved it is usually advisable to consult a tax consultant. Tax consultants are financial experts who...

For many individuals and small businesses, these changes will mean adapting to new ways of keeping records and submitting tax information online.At Wisteria, our tax specialists work with clients to help them understand what these changes...

In recent years, the UK Government and Mr Osborne have been trying to encourage more first time buyers to step onto the property ladder. One of the main ways in which they are aiming to achieve this is to increase the supply of housing...

Tax and compliance are a fundamental part of running a business in the UK. While they may not always be the most visible aspect of operations, they play a critical role in ensuring that your business runs smoothly and avoids unnecessary...

Even experienced business owners can find it difficult to keep track of deadlines, allowable expenses and what information HMRC expects, especially when running day to day operations at the same time.At Wisteria, we support business owners...

1. You’re Unsure Whether You’re Paying Too Much TaxOne of the clearest signs is uncertainty around your current tax position. Many businesses simply accept their tax bills without knowing whether there are more efficient ways to structure...

Overlooking Financial Processes as the Business GrowsMany businesses start with simple systems that work well in the early stages. However, as turnover increases and operations become more complex, financial processes often fail to evolve...

Does my company have to pay Corporation Tax?Unlike sole traders or partnerships that pay income tax on any profits they generate, if you’re trading as a limited company, a club or cooperative, or if you’re an international business with an...

What Does an Accountant Do?An accountant focuses on managing and reporting financial information. This typically includes bookkeeping, preparing accounts, payroll, VAT returns and year-end reporting.For many businesses, an accountant plays a...

What Does a Tax Consultant Charge For?A tax consultant provides specialist advice focused on tax planning, compliance and financial efficiency. Unlike standard bookkeeping or reporting services, consulting tax support is often more strategic...

Claiming the right business expenses can reduce your taxable profit, which means you only pay tax on the profit your business has genuinely made. However, the rules are not always as simple as keeping every receipt and putting it through the...