If your VAT-registered business covers motoring costs—including fuel used for both business and personal travel—then this update is important for you. With changes to HMRC’s fuel scale charge rates effective from 1 May 2025, businesses must review their VAT treatment on fuel expenses to remain compliant and optimise VAT recovery.

How does the new VAT registration threshold of £90k affect your small business? Find out more about the new VAT changes in this guide from Zyla Accountants.

Parliament heard the Chancellor's Budget statement on Wednesday, 6 March. Several measures were relevant to small business owners and self-employed people. We have rounded up some of the key announcements that may affect you:

Staying organised and hitting your due dates increases cash flow and reduces penalties. Planning out your business' accountability dates for the coming year is a great idea right now.

As a small business in the UK, you will be expected to pay a number of different taxes depending on factors such as your business earnings, your classification as a sole trader or limited company, and the type of building you operate your business from.

HMRC has announced today the closure of the VAT registration helpline from Monday 22 May. This gives agents and taxpayers just five days’ warning that the service will end.

From employment law to tax and VAT, learn about important dates, deadlines, and upcoming changes to legislation that affect small businesses. Zyla Accountants is helping you prepare for 2023 with our must-read checklist

Building and managing a successful business requires an understanding of small business accounting.