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Ultra Tax Ltd - Blog Posts
Explore our Informative and Expert Insights and updates on Tax and Accounting with Ultra Tax Ltd's Blog Posts.



Ultra Tax Ltd joins Handpicked Accountants online directory
We are delighted to share that we’re now part of the Handpicked Accountants network , an online directory that shortlists reputable...
2 days ago2 min read


What We’d Do If We Were Starting a Business from Scratch (As Accountants)
Let’s imagine we had to start all over again. No team. No income. Just an idea and the motivation to make it work. What would we actually...
3 days ago3 min read


What Should Construction Companies Look for in an Accountant?
Running a construction business is no easy task — between managing sites, chasing suppliers, and keeping your team moving, the last thing...
Jul 32 min read


Why Outsourcing Bookkeeping Saves Time and Money
Running a business involves numerous tasks, and maintaining your financial records is one of the most critical. Many entrepreneurs find...
Jun 273 min read


How to Pay Yourself Dividends from Your Limited Company
If you're running a limited company in the UK, one of the most tax-efficient ways to take money out of your business is by paying...
Jun 203 min read


Understanding Making Tax Digital (MTD) and Open Finance
Introduction to Making Tax Digital (MTD) Making Tax Digital (MTD) is a significant initiative by the UK government. It aims to transition...
Jun 133 min read


How Is National Insurance Calculated?
If you’re employed, self-employed, or running your own business, you’ve probably noticed National Insurance deductions on your payslip...
Apr 143 min read


The Ultra Tax Charity Football Tournament Returns: Bigger, Better & Backing CHUF ❤️⚽
Friday, April 18th, 2025 | Wellfield School, Wingate It’s back – and this year, we’re going bigger, better, and bolder. On Friday 18th...
Apr 63 min read


CIS Tax Rebate 2025 – How Much Can You Claim?
If you’re a subcontractor working under the Construction Industry Scheme (CIS), you could be owed a substantial tax rebate in 2025 —...
Apr 43 min read


Everything You Need to Know About the National Minimum Wage Increase
A Quick Guide to the National Minimum Wage in the UK Let’s talk about a topic that’s got everyone checking their payslips – the National...
Mar 74 min read


Tired of Being Left in the Dark by Your Accountant? Here's What a True Financial Partnership Looks Like
Are you lying awake at night wondering if your business finances are truly in order? Or perhaps you're tired of sending emails into the...
Mar 43 min read


Complete Guide to UK Self Assessment Tax Returns 2024/25
Self-Assessment is the system used by HM Revenue & Customs (HMRC) to collect Income Tax in the UK. If you receive income that isn’t...
Feb 289 min read


Crypto Tax in the UK – What You Need to Know and How We Can Help
Cryptocurrency trading has grown rapidly, with more people investing, trading, and earning through digital assets. However, as crypto...
Jan 87 min read


Did You Know? Everything You Need to Know About VAT
Value Added Tax (VAT) is a crucial part of the UK’s tax system. Whether you’re a business owner or a consumer, understanding VAT can help...
Dec 6, 202410 min read


Understanding Debtors and Creditors: Key Insights for Small Businesses
What Are Debtors? Debtors are individuals, businesses, or other entities that owe money to another party. This financial obligation...
Dec 3, 20248 min read


Why Switching To Ultra Tax Ltd Is The Smart Move Every Business Owner Is Making
Ultra Tax Ltd has always been more than just an accountancy firm—we’re a movement reshaping how businesses experience financial...
Nov 25, 20245 min read


What is Simple Assessment and Why Have I Received a Tax Bill?
The Simple Assessment tax bill is a system introduced by HM Revenue and Customs (HMRC) in the UK to streamline tax payments for...
Nov 22, 20244 min read


Can I Run My Business from My Home Address?
Running your business from home is an increasingly popular choice for entrepreneurs and small business owners. Not only does it reduce...
Nov 22, 20244 min read


Why Businesses Are Choosing a New Kind of Accountant
The Shift in Expectations for Accountants For years, accountants have been seen as necessary but, let’s face it, not particularly...
Nov 19, 20243 min read


When Must an Employer Provide a P45?
As an employer, it is your legal obligation to inform HMRC when an employee leaves or retires, ensuring that the correct tax and National...
Oct 22, 20245 min read
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