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The latest news from the world of accounting from our experts at LJS Accounting.

How Does An Umbrella Company Work?

How Does An Umbrella Company Work?

If you’re a contractor or freelancer entering the workforce, you might be interested in working with an umbrella company. However, umbrella companies …

Do You Pay Corporation Tax on Dividends?

Do You Pay Corporation Tax on Dividends?

If you’re in the business world, you’ll likely know about dividends. Essentially, dividends are a way of extracting money from your company …

Do You Pay Tax When You Sell Your House in 2025?

Do You Pay Tax When You Sell Your House in 2025?

Are you thinking of selling your home? If so, you’re likely wondering if there’s a tax on selling a house. Selling your …

A Guide: How to Close a Limited Company in the UK

A Guide: How to Close a Limited Company in the UK

Are you interested in how to close a limited company in the UK? The process of closing a limited company is relatively …

Our Guide To Business Tax

Our Guide to Business Tax for Small Businesses

Are you a small business in the UK? Understanding business tax as a small business may seem complex, but it doesn’t need …

A Guide to VAT Penalties UK

A Guide to VAT Penalties UK

Mistakes on your VAT (Value Added Tax) return in the UK may lead to VAT penalties. While compliance is the goal, mistakes …

The Ultimate List Of Tax Deductions for UK Companies

If you fail to claim tax-deductible expenses, you may end up paying more tax than necessary. To prevent paying too much tax, …

What is The Emergency Tax Code? A Guide

What is The Emergency Tax Code? A Guide

If your tax code isn’t available, you may be issued emergency tax by HMRC. Emergency tax codes can be difficult to understand, …

The Difference Between Sole Trader and Limited Company

Sole Trader vs Limited Company: Which is Best?

Which fits your business best, sole trader or limited company? There’s no one-size-fits-all when it comes to deciding between being a sole …

What is a Balance Sheet?

What is a Balance Sheet?

A balance sheet is an important document that showcases a business’s financial position. It helps indicate exactly what your business owns and …