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tax accountants in kent

Making Tax Digital: A Simple Guide for Small Businesses in the UK

What is MTD? Making Tax Digital (MTD) is a government initiative designed to modernise the UK tax system. Instead of paper records and manual submissions, businesses must keep digital records and use HMRC-approved software to file VAT, income tax, and corporation tax returns. The aim is to make tax administration more accurate, efficient, and easier […]

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renting an office

Should You Buy a Property for Your Business? A Guide for UK SMEs

Buying a property for your business is a major decision—one that can offer long-term stability, potential tax benefits, and a valuable asset. But it’s also a move that comes with financial risks, legal considerations, and funding challenges. At King and Taylor, we help businesses in Sittingbourne and across the UK make smart financial decisions. In this guide, we’ll

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working from home tax

Claiming Tax Relief on Work-from-Home Expenses: What You Need to Know for 2025

Working from home? You could be missing out on valuable tax relief With hybrid and remote working here to stay, thousands of UK employees and self-employed individuals are entitled to claim tax relief on work-from-home expenses. But are you claiming everything you’re entitled to? At King and Taylor, we help clients across Sittingbourne and beyond make the

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How to Pay Yourself as a Director: Salary vs Dividends Explained

If you’re a company director in the UK, deciding how to pay yourself—through a salary, dividends, or a combination of both—is a key financial decision that can significantly impact your tax liabilities. At King and Taylor, we regularly help directors understand the pros and cons of each method, ensuring they stay tax-efficient and compliant with HMRC.

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The Ultimate Guide to FreeAgent: The Best Free Accounting Software for Small Businesses

Managing finances is one of the biggest challenges for small business owners, freelancers, and contractors. Keeping track of income, expenses, invoices, and taxes can be overwhelming, especially if you don’t have an accounting background. That’s where FreeAgent comes in. At King & Taylor, we understand the complexities of managing business finances, and we’re here to

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