Video explainers

    Tax and accounting, explained in under a minute

    Short videos from our Guildford accountants on the questions small business owners, company directors, landlords and the self-employed ask us most. Director's loans, Making Tax Digital, VAT receipts, CIS deductions, HMRC letters and more, in plain English.

    Each video comes with a written summary and key points, so you can read instead of watch. If something applies to you, you can ask an accountant straight from the page.

    All videos

    Directors & companiesDirectors LoanA director’s loan account can quickly become an expensive tax problem if it is not managed correctly.
    Directors & companiesDirectors LoansMixing personal and business finances can quickly lead to confusion and costly tax mistakes.
    Construction (CIS)HMRC - CISWaiting for a CIS tax repayment can put real pressure on small businesses and self-employed contractors.
    Construction (CIS)HMRC CIS DeductionsHMRC is contacting CIS contractors about potentially incorrect deduction rates and materials figures.
    HMRC lettersHMRC ConnectHMRC has ways of identifying discrepancies between the income you declare and the financial information available to them.
    HMRC lettersHMRC Crypto Tax LettersIf you still think HMRC cannot see your crypto, wake up.
    Making Tax DigitalHMRC MTD Auto-EnrolmentHMRC auto-enrolment is not the same as MTD compliance.
    HMRC lettersHMRC PA302 LetterHave you received a PA302 Simple Assessment from HMRC?
    Making Tax DigitalMaking Tax DigitalMaking Tax Digital is changing how self-employed individuals and landlords manage their tax records.
    Directors & companiesSalary MythsTaking money out of your company is not always as simple as it looks on social media.
    Side incomeSide HustlesEarning extra money from a side hustle can be great, but have you considered the tax implications?
    Directors & companiesSole Trader - Ltd CompanyChoosing the right business structure involves more than simply paying less tax.
    VATVAT ReceiptsA bank transaction is not, by itself, sufficient evidence for every VAT claim.
    Side incomeVinted, eBay and EtsySold 30 items on Vinted or eBay? That does not automatically mean you owe tax.
    Directors & companiesYour limited Company Bank Account Isn’t Your Personal Wallet.Paying for something through your company doesn’t automatically make it a business expense.

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