How to work out tax and NI

Small-business owners are not expected to be experts on tax and NI, but ignorance is no defence. Here are some of the key rates tax facts you need.

It helps to understand the taxes likely to affect your business, and have systems to help you comply with your obligations. Read our tax overview.

Once your sales reach the annual threshold, you must register for VAT. Our guide to when and how to register, and what you need to do once you have.

Understand National Insurance for employers, employees and the self employed including rates and allowances and to help minimise National Insurance Contributions (NICs).

If you register for VAT with HM Revenue & Customs (HMRC), you must charge VAT on any goods and services you sell that are subject to VAT.

Chartered certified accountant Raphael Coman of Coman & Co answers some key questions about tax returns, including important deadlines.

Do you need to register your business for VAT and how do you register for VAT? Kate Fisher of CJ Fisher & Co answers your questions about VAT registration.

If you take on employees, you will need to set up a payroll system to make sure you're fulfilling your legal obligations. Here's where to start.

Many people do not feel confident enough to file their self assessment tax return but do they really need an accountant? WE look at the alternatives.

If you operate a limited company from premises, yet do some work at home, why not rent a room to your business and reduce your tax bill.