Tips and help

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 […]

Purchasing a company car can be a great asset for your business, but if not planned correctly, it can also be a significant tax burden. Whether you are a business owner, a company director, or a sole trader, understanding the tax implications and benefits is crucial to making a tax-efficient decision. Here’s what you need

If you have received a tax penalty from HMRC, you may be able to appeal it. Understanding the process can help you challenge the penalty effectively and potentially reduce or remove it altogether. This guide will walk you through the steps to appeal a tax penalty from HMRC, the valid reasons for appeal, and tips

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

Tradespeople such as builders, plumbers, electricians, and decorators are the backbone of Kent’s local economy. However, managing the financial side of your trade can often feel like a full-time job in itself. From navigating the complexities of the Construction Industry Scheme (CIS) to tracking expenses and staying compliant with tax regulations, the challenges are endless.

In today’s evolving workplace landscape, auto-enrolment has become a fundamental requirement for employers across the UK. Implemented to encourage saving for retirement, auto-enrolment mandates that eligible employees are automatically enrolled in a pension scheme, helping them secure a financially stable future. However, with this responsibility comes a host of compliance obligations that employers must navigate.

As a small business owner, preparing your year-end accounts is an essential task that ensures you meet legal obligations, gain insights into your company’s financial health, and stay compliant with HMRC. While it may seem daunting, following a clear process will help you manage this crucial task efficiently. Here’s a step-by-step guide to help you prepare your