Blog
Updates, guides, and thoughts from the Figures Chartered Accountants team.
How to Choose an Accountant for UK Small Business
Learn how to choose an accountant for your UK small business, exploring key factors to consider and tips for finding the right financial partner.
Making Tax Digital for Income Tax: What You Need to Know
Learn about Making Tax Digital for income tax, its impact on your business, and how to maintain digital tax records effectively.
Understanding R&D Tax Credits for UK Small Businesses
Explore how R&D tax credits UK can benefit small businesses. Learn about research and development relief options including SME R&D scheme and RDEC.
Step-by-Step Guide to Register a Limited Company UK
Learn how to register a limited company in the UK with our comprehensive step-by-step guide. Simplify your Companies House registration process today.
HMRC penalties and how to avoid them UK
HMRC penalties for UK businesses: corporation tax, VAT, self-assessment, and PAYE. What triggers them and how to avoid them.
How to pay yourself as a UK company director
How to pay yourself as a limited company director in the UK: salary, dividends, and director's loans explained. Get it right with expert guidance.
How to set up payroll UK for the first time
How to set up payroll in the UK for the first time: HMRC registration, software, RTI, and auto-enrolment step by step.
Capital allowances explained UK
Capital allowances explained for UK businesses: AIA, full expensing, writing down allowances, and how to claim.
How to read a profit and loss statement UK
How to read a profit and loss statement in the UK: structure, key lines, and what to look at first. Plain English guide for founders and SME owners.
R&D tax credits UK small business
R&D tax credits for UK small businesses: who qualifies, what you can claim, and how to submit a successful claim.
When is corporation tax due UK?
When is corporation tax due in the UK? Payment and filing deadlines, plus how they fit with Making Tax Digital and other key dates.
Do I need to register for VAT UK
Do I need to register for VAT in the UK? How to decide, when it is compulsory, and when voluntary registration makes sense.
Cash flow forecast for small business UK
How to build and use a cash flow forecast for your small business in the UK. Stay ahead of shortfalls and plan for tax and growth.
VAT registration threshold UK 2025
VAT registration threshold UK 2025: what the limit is, what counts towards it, and what to do when you reach it.
Best accounting software for small business UK
Best accounting software for small businesses in the UK: what to look for and how to get the most from it.
VAT return UK how to complete
How to complete a VAT return in the UK: what to include, how to calculate the figures, and how to submit on time.
How to scale a small business UK finance
How to scale a small business in the UK from a finance perspective: funding, cash flow, and the numbers that matter.
VAT flat rate scheme explained
VAT flat rate scheme explained for UK small businesses: how it works, who it suits, and how to decide.
Monthly management accounts what should they include
What should monthly management accounts include for a UK small business? P&L, cash, KPIs, and commentary.
Sole trader vs limited company UK 2025
Sole trader vs limited company in the UK for 2025: tax, liability, admin, and when to choose which structure.
KPIs for small business UK
KPIs for small businesses in the UK: what to measure, how to present them, and how to avoid overload.
Reclaiming VAT on business expenses UK
Reclaiming VAT on business expenses in the UK: what you can claim, what to keep, and common mistakes to avoid.
Fractional CFO UK small business
Fractional CFO for UK small businesses: what they do, when you need one, and how to get the most from the relationship.
Corporation tax rate UK 2025
Corporation tax rate in the UK for 2025: main rate, small profits rate, and how they apply to your company.
How to improve profit margins small business UK
How to improve profit margins for a small business in the UK: gross margin, pricing, costs, and what to track.
Director salary vs dividend tax efficiency UK
Director salary vs dividend tax efficiency in the UK: how to pay yourself from your limited company in a tax-efficient way.
What is a management account UK
What is a management account in the UK? What it should include and how to use it for your small business.
How does VAT work for small businesses UK
How does VAT work for small businesses in the UK? Registration, rates, returns, and the main schemes explained.
Business financial planning UK small business
Business financial planning for UK small businesses: what to include, how often to update, and how to use the plan.
Tax deductible expenses for limited companies UK
What expenses are tax deductible for limited companies in the UK? Allowable costs, records, and common mistakes for directors.