Sole Trader vs Limited Company in 2026: Which Is Right for Your Business?
Sole Trader vs Limited Company in 2026: Which Is Right for Your Business? One of the most common questions we get at Everstead — from start-ups, growing businesses, and even established sole traders — is: “Should I be operating as a sole trader or a limited company?” It is one of the most important financial […]
Inheritance Tax & Business Property Relief: What UK Business Owners Must Act On Now
Inheritance Tax & Business Property Relief: What UK Business Owners Must Act On Now If you own a business, farm, or significant investment portfolio, the rules around how those assets are taxed when you pass them on have changed — and the impact could be substantial. April 2026 brought the most significant reform to Inheritance […]
Protect Your Business from Identity Theft with the PROOF Scheme
Protect Your Business from Identity Theft with the PROOF Scheme Did you know that Companies House accepts paper forms under a “good faith” rule? This means they don’t always check signatures thoroughly, which unfortunately leaves businesses vulnerable to fraudsters who might try to hijack your company by filing fake paper forms. What is the PROOF […]
Losing Sleep Over Your Companies House Authentication Code? Here’s Everything You Need to Know
Losing Sleep Over Your Companies House Authentication Code? Here’s Everything You Need to Know Your webfiling authentication code is one of the most important documents you receive when your company is first registered. It is a unique, six-character alphanumeric code that acts as a digital signature for your business. Why do you need it? Without […]
MTD ITSA is here: What Sole Traders and Landlords Need to Know
MTD ITSA is here: What Sole Traders and Landlords Need to Know What is MTD for ITSA? Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is a fundamental change to how sole traders and landlords report income to HMRC. Instead of one annual Self Assessment tax return, you will soon move to a […]
A Guide to VAT Registration for UK Small Businesses
A Guide to VAT Registration for UK Small Businesses Understanding the VAT Registration Threshold For the 2026/27 tax year, the VAT registration threshold remains at £90,000. If your business’s “taxable turnover” (the total value of everything you sell that isn’t exempt from VAT) exceeds this figure, registration is no longer optional—it’s a legal requirement. When […]