Welcome to the Whitehill Information Centre
Here's the latest information to help your business thrive
Our information centre is intended to give you the information you need to ensure your business stays on the right side of the tax rules and regulations, and help you to make the right decisions for your business.
Sole trader vs Limited company? When does IR35 apply and what does it mean? Do you need an accountant or a bookkeeper? What records do you need to keep, and for how long?
Do I need an accountant or a bookkeeper?
What's the difference between an accountant and a bookkeeper - and what do you really need?
Sole trader vs limited company: Which is the best option for a small business?
Making the decision as to which structure your business operates as can be crucial, whether that be in terms of tax savings, amount of administration or personal liability.
What's a virtual office - and how can it help me?
A virtual office is a service that enables employees and business owners to work remotely by providing a range of business support including mailbox, phone and more.
Cloud accounting: what is it, and why should I care?
We're increasingly familiar with the idea we can access our bank anytime, from anywhere, using an internet browser or app. Cloud accounting extends this idea to include your financial records and reports, making them accessible wherever you are.
IR35 - what it is, and why it might matter to you
IR35 is legislation brought in by the Government in April 2000, to counter what HMRC class as a "disguised employment". For contractors it's an issue which needs exploring further.
Record keeping for a Limited Company
Companies House and HMRC both place requirements on the Director(s) of a Limited Company to keep certain records. Here's a list of what you need to keep.
5 questions about management reporting and why every business needs it
Management reporting - reporting of information useful for managing a business - has a reputation as something only bigger companies need. We'd argue otherwise - here's 5 reasons why everyone needs some form of management reporting.
Expenses: what you can count, and how to record them
It's generally known that a business should record and track its expenses, both for tax purposes and so the true health of the company can be monitored. But what can you count? How can you record them? We give you some answers.
"Trivial" benefits for staff, and what they mean for tax
We're sometimes asked whether someone can treat a member of staff to a meal, or similar "trivial" benefits. Here's the tax implications.
Travel expenses and what you can claim
Travel expenses are one specific area where both business owners and self employed/sole traders have a definite interest. If you need to record or claim travel expenses, read on.
Payments on account
As dividends become a bigger part of the income for many, payments on account are becoming more of an issue. Here we explain what they're all about
VAT late filing penalties: who what and when
Many clients get confused about why they get a penalty for late filing or payment of VAT one time and not another. Here we de-mystify the whole thing.
Paying dividends from a limited company
Recent tax tribunals have hinged on things like directors' meetings and resolutions. Here we set out what Company directors need to put in place to ensure they comply with HMRC and Companies House requirements.
10 non-taxable payments you might not be aware of
Here's a summary of 10 payments or expenses which don't count as a taxable benefit in kind
Dividends: 5 things you need to know
We are often asked questions about dividends; here we set out 5 things every company director or shareholder needs to know..
Domestic reverse VAT charge - what you need to know
What you need to know about the domestic reverse VAT charge