by Pi Accountancy | Oct 21, 2026 | Advisory and Resources, Taxes
Are you a content creator, artist, musician or podcaster? If so, tax may not be the most exciting topic on your list. But paying tax as a content creator does not have to be stressful. Your Tax Responsibilities as a Content Creator If you earn money from your creative...
by Pi Accountancy | Oct 20, 2026 | Advisory and Resources, Taxes
The growth of social media has created a whole new world of career opportunities, with the role of influencers at the forefront. But once you start receiving payments or gifts as an influencer, you need to consider your tax obligations. By registering with HMRC and...
by Pi Accountancy | Oct 13, 2026 | Advisory and Resources, Business, Director
Final Dividends are payments from company profits to shareholders after the financial year ends. The company’s Articles of Association determine how the company approves the dividend. Under the standard model articles, directors recommend the amount and...
by Pi Accountancy | Oct 13, 2026 | Advisory and Resources, Business, Director
Interim Dividends let a company distribute profits before shareholders approve a Final Dividend. Under standard model Articles of Association, directors can decide to pay Interim Dividends. Therefore, shareholders normally do not need a separate resolution. Companies...
by Pi Accountancy | Oct 13, 2026 | Advisory and Resources, Business, Director
Dividends are payments that a limited company makes to its shareholders from its profits. These profits remain after the company pays all expenses, taxes and other financial commitments. When shareholders receive a dividend, they gain a direct return on their...
by Pi Accountancy | Oct 7, 2026 | Advisory and Resources, Frequently Asked Questions, General
Forensic accounting is a specialist area of accounting. It focuses on examining financial information in detail to answer questions about disputes and suspected fraud. It combines three skills: AccountingUnderstanding how money flows through a businessAuditingChecking...
by Pi Accountancy | Oct 6, 2026 | Advisory and Resources, Regulations and Schemes, Taxes
Chargeable gains are the profit you make when you dispose of a capital asset. Simply, you have sold something valuable for more than you originally paid for it. The tax system separates income and capital into two categories. Therefore, the law taxes profits from...
by Pi Accountancy | Oct 1, 2026 | Advisory and Resources, Frequently Asked Questions, Taxes
Stealth tax is a term for describing taxes or charges that are not immediately obvious. It usually increases your tax bill without changing official tax rates. Instead of announcing a new tax, the Government adjusts thresholds or allowances. As a result, many people...
by Pi Accountancy | Sep 30, 2026 | Advisory and Resources, Taxes, The Budget
Chancellor John Healey will deliver the Autumn Budget on Wednesday 28 October 2026. It will provide the first major tax and spending plan under Prime Minister Andy Burnham. However, nothing in the Budget is certain, so businesses and households should treat every...
by Pi Accountancy | Sep 29, 2026 | Advisory and Resources, Business, Self-Employment and SMEs
Surplus cash can give a business valuable breathing room. A current account offers convenience, but many accounts pay little or no interest. Therefore, spare cash may earn more elsewhere. You need to balance three things: Return Access Security You should never chase...
by Pi Accountancy | Sep 24, 2026 | Advisory and Resources, Payroll and Employment, Pension, Regulations and Schemes, Taxes
Pension contributions are payments you make into a pension scheme to build savings for retirement. Most people make regular monthly contributions, but you can also make one-off payments when your finances allow. Pension contributions usually come from three primary...
by Pi Accountancy | Sep 23, 2026 | CIS, Payroll and Employment, Pension, Self-Employment and SMEs
You might assume that subcontractors handle their own pension contributions. Whether the contractor needs to pay contributions depends on the subcontractor’s employment status and how they work in practice. Enrolling Subcontractors into a Workplace Pension You...
by Pi Accountancy | Sep 22, 2026 | Advisory and Resources, Frequently Asked Questions, Taxes, VAT
VAT Reverse Charge shifts the responsibility for reporting VAT from the supplier to the customer. As a result, businesses must adjust how they handle VAT on certain transactions. How VAT Works Without the Reserve Charge All VAT-registered businesses must add VAT to...
by Pi Accountancy | Sep 17, 2026 | Advisory and Resources, HMRC, Payroll and Employment, Regulations and Schemes
The Check Employment Status for Tax (CEST) tool is an online service from HMRC. It helps you decide a worker’s employment status for tax purposes. Simply, it answers one question: Does the worker operate as self-employed or as an employee? This question sits at...
by Pi Accountancy | Aug 27, 2026 | Allowances
Capital Allowances allow you to partially or fully deduct the value of certain long-term assets from your taxable profits. By reducing your taxable profits, you lower the amount of tax your business pays. You can either deduct the full cost in the year of purchase or...
by Pi Accountancy | Aug 26, 2026 | Advisory and Resources, Business
Depreciation is the reduction in value of a business asset over time. If you purchase a laptop today, it will gradually become less useful and less valuable over the next few years. This loss in value happens for many reasons: Regular use Aging Wear and tear New...
by Pi Accountancy | Aug 25, 2026 | Advisory and Resources, Business, Regulations and Schemes
Capital Expenditure is the money a business spends on long-term assets that support operations over several years. These assets include: Buildings Equipment Machinery Technology Moreover, these assets allow businesses to stay competitive and plan for the future. It...
by Pi Accountancy | Aug 19, 2026 | Business, Companies House
SIC Codes are five-digit numbers that describe a company’s main area of economic activity. These codes therefore help categorise businesses into industry sectors and are useful for official statistics and government planning. Companies House manage SIC Codes and...
by Pi Accountancy | Aug 13, 2026 | Advisory and Resources, Business
Hire Purchase is a finance agreement for buying goods over time. Instead of paying the full amount upfront, the buyer pays through instalments across an agreed period. Most hire purchase agreements include: A deposit at the start Fixed monthly repayments Interest...
by Pi Accountancy | Aug 12, 2026 | Advisory and Resources, Business, Companies House, Regulations and Schemes
A Company Registration Number (CRN) is a unique eight-character identifier assigned to every limited company and Limited Liability Partnership (LLP) registered with Companies House. Think of it as your company’s fingerprint, as it remains the same for the...
by Pi Accountancy | Aug 11, 2026 | Advisory and Resources, Companies House, HMRC, Regulations and Schemes, Taxes
A Tax Identification Number is a unique reference number. HMRC uses several Tax Identification Numbers to link you or your business to official tax records. Because each taxpayer has a unique reference, HMRC can apply payments and process refunds more efficiently. It...
by Pi Accountancy | Aug 6, 2026 | Advisory and Resources, Regulations and Schemes, Taxes
Share Loss Relief allows you to offset losses on shares against your income. This treatment differs from standard capital losses. Normally, you can only use capital losses against capital gains. However, Share Loss Relief allows you to reduce your income instead. This...
by Pi Accountancy | Aug 5, 2026 | Advisory and Resources, Business, Corporation Tax, Taxes
Terminal Loss Relief is available when a business permanently stops trading and makes a loss in its final 12 months. You can carry back trading losses from the last year of trading and offset them against profits from the previous 3 years. This can reduce your...
by Pi Accountancy | Jul 29, 2026 | Advisory and Resources, Business, Regulations and Schemes
When you sell or close your business, the profits you make may be subject to Capital Gains Tax (CGT). This tax can significantly reduce your final earnings. Business Asset Disposal Relief (BADR) helps lower that burden by allowing eligible business owners to pay a...
