James Bennett James Bennett

VAT Registration: When Does It Make Sense?

Wondering whether to register for VAT before hitting the ยฃ90,000 threshold? Our Essex accountants explain when VAT registration makes financial sense for your business growth. From analyzing VAT-reclaimable expenses to understanding the administrative burden, discover the key factors that should influence your decision. Get expert guidance on making the right choice for your business's continued success

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James Bennett James Bennett

HMRC Compliance Checks: What Actually Triggers an Investigation

HMRCโ€™s AI-powered system scans every return and bank feed for inconsistencies โ€” even honest mistakes can lead to a compliance check. If you run a limited company, rental portfolio or side hustle, this guide shows the top 10 red flags to avoid, what to expect if HMRC contacts you, and how to protect yourself with smart bookkeeping and advice.

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James Bennett James Bennett

Big Changes Coming: Director ID Checks Required SOON

From autumn 2025, every UK company director and person with significant control (PSC) will need to verify their identity with Companies House. Itโ€™s part of a sweeping reform under the Economic Crime and Corporate Transparency Act 2023, aimed at tackling fraud and increasing transparency. This blog breaks down what the change means, the three ways you can verify, and how J-Benn Finance will support you through the process, especially if youโ€™d rather not do it yourself.

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James Bennett James Bennett

๐Ÿ‘Š๐Ÿงพ10 Small Business Tax Planning Strategies ๐Ÿ‘Š๐Ÿงพ

Effective tax planning is crucial for small businesses looking to save money and stay compliant. By implementing smart strategies such as allowable deductions, tax-efficient business structures, and strategic expense timing, business owners can reduce their tax burden and improve cash flow. Read on to discover practical tips to optimise your tax position.

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