Author name: Aksons

Why CIS subcontractors overpay tax, how to work out your refund, and how to get it back faster. Worked example, expenses list and realistic timescales.

How to file your confirmation statement (CS01), work out your real deadline, and what happens if you miss it, including strike-off and how to stop it.

Directors of close companies can take £300 a year in tax-free trivial benefits. Learn the four HMRC conditions, the £50 rule, and the traps that cost the exemption.

A complete guide to the Construction Industry Scheme: deduction rates, registration, gross payment status, monthly returns and the April 2026 CIS changes.

The UK VAT registration threshold is £90,000. Learn how the rolling 12-month test works, your real deadline, and what late registration actually costs.

HMRC mileage rates rose to 55p per mile from 6 April 2026, the first rise in 15 years. Full rate tables, worked examples, and how to claim what you are owed.

Companies House identity verification is now a legal duty. Find your actual deadline, get your personal code, and avoid a blocked confirmation statement.

Electric vehicle tax relief for UK businesses explained: 100% first year allowances, VAT rules and 2026/27 BIK rates for company cars and sole traders.

Learn how dividends work for UK limited companies, including distributable profits, dividend tax rates, paperwork, salary vs dividends and common mistakes.

Explore the latest UK company formation statistics and discover what they mean for new business owners. Learn practical accounting, tax and compliance insights from Aksons Accounting Services Ltd.