Do you have a HMRC Government Gateway Account?
Understanding the Importance of a Government Gateway Account for Managing HMRC Taxes A Government Gateway account is an essential tool for managing your tax affairs with HM Revenue and Customs (HMRC) in the UK. This secure online platform serves as your personal portal to access and manage various tax services. Why a Government Gateway Account […]
IR35 and Overseas Clients: What UK Contractors Need to Know
When you’re a UK contractor working through a personal service company (PSC), IR35 is always a key consideration. But what if your client is overseas, say, a company in Malta? Does IR35 still apply, and what are your options for getting paid compliantly? Let’s break it down. What is IR35? IR35 is designed to stop […]
Verifying Company Directors and People with Significant Control (PSCs): What You Need to Know Before November 2025
Big changes are coming for UK companies. From 18 November 2025, new legal requirements will come into effect under the Economic Crime and Corporate Transparency Act 2023. These reforms are designed to improve transparency, strengthen trust in UK companies, and help prevent misuse of the corporate register. If you’re a company director or a person […]
Offsetting Rent or Mortgage in your LTD Accounts
You Can Offset Your Personal Rent or Mortgage in Your LTD Accounts – But Should You? At Venn, we frequently encounter questions from LTD company owners about whether part of their personal rent or mortgage can be claimed in company accounts. Here’s a simplified guide to help you understand the basics and considerations involved in […]
R&D Tax Relief; what is a Competent Professional?
Understanding Competent Professionals in the Context of UK R&D Tax Relief If you landed on this blog, you likely have some understanding of R&D. If not, here’s a good starting point for you to refer to. The term “competent professional” is crucial when determining whether you have an eligible R&D claim. But why are competent […]