VW Taxation Ltd

04/06/2025

Thinking about becoming a self-employed taxi driver?

Many people love the freedom of the open road, meeting passengers from all walks of life, and being their own boss. If that sounds like you, then becoming a self-employed taxi driver might be easier than you think.

Our latest article provides clear, practical guidance on what you need to get started, from licensing and record-keeping to understanding your tax obligations.

Let us help you drive your business forward with confidence and financial clarity.

Read the full article here: https://vwtaxation.com/how-to-become-a-self-employed-taxi-driver/

Get in touch with VW Taxation today – we're here to make the numbers simple.

This article provides a guide on what expenses landlords can claim, the criteria for allowable expenses, and what cannot be claimed.

25/04/2025

Happy with the VW Taxation way? Had a great experience with us?

Don’t keep it to yourself — tell your friends.

If they’re not already with us, point them our way… and you could be £50 better off.

We’ll pay you £50 for every referral who signs up and uses our services.

It’s easy money — and we get to help even more great clients like you.

If you know of somebody who may require our assistance, refer them to VW Taxation and we'll pay you as a thank you.

24/04/2025

Receipts in a shoebox or stuffed in your glove box in the van?

One of the biggest headaches for the self-employed is poor record-keeping.

Messy or missing records make completing your Self Assessment Tax Return stressful and often leads to missed expenses, which may result in paying more tax than you need to.

Tip: Use a simple app, like Intuit QuickBooks, or a spreadsheet and keep things updated weekly/monthly.

Or speak to us — we’ll help you set up something that works.

23/04/2025

Waiting on a tax rebate?

Once we’ve submitted your UK Self Assessment, HMRC typically processes tax rebates within 4–6 weeks.

But remember it can vary depending on their workload, especially during busy periods.

If it’s taking longer, don’t panic. It’s normal.

We’re always here if you’ve got questions. Just drop us a message.

17/04/2025

Struggling with Bookkeeping and Payroll? We Can Help

Managing payroll and bookkeeping can be time-consuming and complex.

At VW Taxation, we provide:
📌 Bookkeeping – Keep your records accurate with online accounting software
📌 Payroll Services – Ensure employees are paid correctly and on time
📌 Tax Compliance – Avoid penalties and unnecessary tax bills

Let us handle the numbers while you focus on your business. Speak to us today:

From bookkeeping to tax returns, we can save you precious time, keep you compliant and save you money. Get in touch with us.

15/04/2025

Foster carers, don’t get caught out by Self-Assessment tax rules.

Understanding how to file your tax return (and whether you owe anything) can be confusing—but we’ve got you covered.

✅ Learn about Qualifying Care Relief
✅ Understand your tax-free allowances
✅ Get step-by-step guidance on filing

Read our full guide here:

Learn how to fill in tax returns as a foster carer with our comprehensive guide. See step-by-step instructions to ensure stress-free filing.

11/04/2025

Thinking about selling your rental property?

Did you know you might owe Capital Gains Tax—and you only have 60 days to report and pay it to HMRC?

Make sure you understand what’s required before you sell.

Read our full guide here.

This article provides a guide on what expenses landlords can claim, the criteria for allowable expenses, and what cannot be claimed.

09/04/2025

Splitting Your Business to Avoid VAT? Think Again

Some businesses consider splitting into multiple entities to stay below the VAT registration threshold (£85,000). While this might seem like a clever way to avoid VAT, HMRC takes a strict view on artificial separation and can impose hefty fines if caught.

HMRC will assess:
🔹 Whether businesses share staff, premises, or finances
🔹 If they are economically or organisationally linked
🔹 If they have separate accounts, equipment, and records

If you're unsure about VAT compliance, read our guide here:

This blog explores the risks (disaggregation) vs. benefits of separate entities, and the consequences of getting caught by HMRC.

08/04/2025

A qualified accountant can do more than just file your tax return.

They help you:

✅ Reclaim your time – Focus on running your business
✅ Save money – Identify tax-deductible expenses
✅ Reduce risk – Stay compliant with HMRC regulations
✅ Plan for the future – Understand when to register as a limited company

Many small businesses find that professional accountancy services pay for themselves in the long run. Find out how we can help:

From bookkeeping to tax returns, we can save you precious time, keep you compliant and save you money. Get in touch with us.

07/04/2025

A new tax year is now upon us so we've summarised below the key tax changes that self-employed & small business owners (especially in construction) need to know:

🔺 Employer National Insurance is up
From 13.8% ➡️ 15%
But small employers get more help: Employment Allowance doubles to £10,500

📄 New reporting rules
Self-employed: Must report start/stop trading dates in your tax return
Company directors: Must declare dividends, shareholding %, and company info

💰 Late tax payments cost more
HMRC’s interest rate for late payments jumps to 8.5%

🏘️ Landlords lose tax perks
Special rules for holiday lets are scrapped

📈 Capital Gains Tax up
Business Asset Disposal Relief jumps from 10% ➡️ 14% (and more rises ahead)

🚗 EVs no longer tax-free
Electric vehicles now subject to Vehicle Excise Duty

There are other changes too, all of which we are aware of but these are the ones most likely to impact our clients.

Need help figuring out what this means for you? Drop us a message

04/04/2025

Struggling with VAT or Self-Assessment? You’re not alone! If your taxi business makes over £90K a year, VAT becomes another headache to deal with.

At VW Taxation, we:
✔ Help you register for VAT & choose the right scheme
✔ Make sure you pay the right amount (no overpayments!)
✔ Handle all your tax paperwork, so you don’t have to

You drive, we’ll do the numbers!

Speak to our experts today:

Are you a self-employed taxi driver or an Uber driver? We provide affordable accounting services to keep your taxes in order. Contact us to get started!

03/04/2025

Want to keep more of what you earn? Course you do!

A mix of salary & dividends can help you reduce tax, avoid National Insurance, and optimise your income.

Find out how in our latest article.

This article explores the process of paying yourself dividends, the tax implications, and why combining a salary with dividends can be highly beneficial.