Latest Articles

Bringing in a finance team early can save your business from expensive mistakes, especially if you’re expanding into the UK from overseas. At Goodwille, we’ve worked with international companies to navigate the subtle but important financial differences in the UK market for over 25 years. In this blog, we’ll break down exactly what a financial […]

For any UK limited company, a company tax return must be filed with HMRC at the end of every accounting period. This applies whether the company traded actively, made a loss, or had no income at all during the year. There are no exceptions, and HMRC issues automatic late filing penalties the day after the […]

Stamp duty refunds arise where too much stamp duty was paid during a property purchase. In certain circumstances, buyers may be entitled to submit a refund claim and recover some of the tax paid to HM Revenue. However, not every property transaction qualifies. Stamp duty refunds usually apply in specific scenarios, such as reclaiming the […]

Submitting a VAT return is a legal obligation for VAT registered businesses operating in the UK. Whether you are a UK entity or an overseas company making taxable supplies, you must submit a VAT return online through HMRC VAT systems within the required accounting period. Understanding how to submit a VAT return correctly helps avoid […]

VAT (or value added tax) applies to most goods and services supplied in the UK. If you operate as a sole trader, limited company or overseas business making taxable supplies in the UK, you may need to register for VAT. Once your taxable turnover exceeds the VAT threshold, you must register for VAT within the […]

An HMRC tax investigation can be one of the most stressful and time-consuming situations a business faces. Whether it starts with a routine compliance check or a targeted enquiry into a specific area of your tax affairs, the process demands careful handling, accurate records, and in most cases, professional advice from the outset. At Goodwille, […]