PodParley PodParley
PodParley
Answering Accountancy Questions

PODCAST · business

Answering Accountancy Questions

About to start your own business? Each week, I answer your accountancy questions. Aimed at UK small business owners, I answer the questions you often ask, such as "how much money should you set aside for tax?" and "do I need to trade through a Limited Company?". 

Subscribe · 0 Bookmark
  1. 80

    S5 E3: What do I need to do today for Making Tax Digital (MTD)

    In April 2026 HMRC’s Making Tax Digital finally goes live. In the 3rd episode of my Making Tax Return series I run through:Signing up for MTD with HMRC: https://www.gov.uk/guidance/sign-up-your-business-for-making-tax-digital-for-income-taxGetting your software ready to go.Do you need to do any bookkeeping right now?Here is a link to a short blog that covers the basics of Making Tax Digital: https://www.loudandclearaccounting.co.uk/blog/post/26030/what-is-making-tax-digital-mtd/

  2. 79

    S5 E2: What do I need to do for Making Tax Digital (MTD)?

    In April 2026 HMRC’s Making Tax Digital finally goes live. In the 2nd episode of my Making Tax Return series I run through:A quick recap of the last episode (who does MTD apply to and why are HMRC doing this to us!)What are the deadlines for the quarterly MTD submissions?Do I need software for MTD and what options are there avaliable?What will be included on the MTD quarterly submissions?Will there be any penalties if I miss a deadline?Here is a link to a short blog that covers the basics of Making Tax Digital: https://www.loudandclearaccounting.co.uk/blog/post/26030/what-is-making-tax-digital-mtd/

  3. 78

    S5 E1: What is HMRC’s Making Tax Digital (MTD)?

    In April 2026 HMRC’s Making Tax Digital finally goes live. In the 1st episode of my Making Tax Return series I run through:Who needs to register for MTDWhy HMRC have decided to do this. What MTD will involve and what to expect. Here is a link to a short blog that covers the basics of Making Tax Digital: https://www.loudandclearaccounting.co.uk/blog/post/26030/what-is-making-tax-digital-mtd/

  4. 77

    S4 E11: (Director) How do I pay into a pension?

  5. 76

    S4 E10: (Director) Can I pay myself without having a payroll scheme set up?

  6. 75

    S4 E9: (Director) What should I pay myself?

  7. 74

    S4 E8: Do I need to set up a pension scheme? (auto enrollment)

  8. 73

    S4 E7: What do I need to do if my employee has another job or is also self-employed?

  9. 72

    S4 E6: How and when do I need to pay my PAYE bill?

  10. 71

    S4 E5: When do I need to submit my payroll?

  11. 70

    S4 E4: What information do I need from my employees?

  12. 69

    S4 E3: How do I submit my payroll?

  13. 68

    S4 E2: How do I set up a payroll scheme

  14. 67

    S4 E1: Should I use Freelancers or Employee People

  15. 66

    S3 E16: What VAT do I need to charge on Digital Products?

  16. 65

    S3 E15: What VAT do I need to charge on sales made outside of the UK?

  17. 64

    S3 E14: What happens during a VAT inspection?

  18. 63

    S3 E13: What happens during a VAT check?

  19. 62

    S3 E12: What can trigger a VAT Inspection?

  20. 61

    S3 E11: What do I do if I make a mistake on my VAT Return?

  21. 60

    S3 E10: How and when do I pay my VAT?

  22. 59

    S3 E9: Do I need software to submit my VAT Returns?

  23. 58

    S3 E8: Will I need to pay VAT on sales paid after I became VAT registered?

  24. 57

    S3 E7: Can I reclaim VAT on purchases made before I was VAT registered?

  25. 56

    S3 E6: What happens if I make a sale before I get my VAT number?

  26. 55

    S3 E5: If I am backdating my VAT registration, what do I need to do?

  27. 54

    S3 E4: Accrual, cash and the Flat Rate Scheme: what one to choose

  28. 53

    S3 E3: What do I do when I know I need to register for VAT?

  29. 52

    S3 E2: When do I need to register for VAT?

  30. 51

    S3 E1: What is VAT?

  31. 50

    S2 E22: What is Profit First and how does it work?

  32. 49

    S2 E21: Can I have multiple businesses or does everything need to go through just one?

  33. 48

    S2 E20: How does IR35 effect how I am paid?

  34. 47

    S2 E19: (CIS) How does the CIS scheme work for subcontractors?

  35. 46

    S2 E18: Can I have multiple types of income?

  36. 45

    S2 E17: (Ltd) Can my Company pay for my car? (Company Benefits and P11ds)

  37. 44

    S2 E16: How do I pay into a pension?

  38. 43

    S2 E15: How do I make my student loan repayments?

  39. 42

    S2 E14: (LTD) How do I pay myself dividends?

  40. 41

    S2 E13: (LTD) How do I pay myself a salary?

  41. 40

    S2 E12: (LTD) How do I pay myself?

  42. 39

    S2 E11: (SE) How do I pay myself?

  43. 38

    S2 E10: Can I get paid with crypto, skill swaps and donate my time?

  44. 37

    S2 E9: How does changes to my business impact my bank account?

  45. 36

    S2 E8: Can I have multiple bank accounts?

  46. 35

    S2 E7: How do I choose my bank account?

  47. 34

    S2 E6: Can I add late payment interest to my overdue sales invoices?

  48. 33

    S2 E5: What payment terms should I give my customers?

  49. 32

    S2 E4: If my customers are not based in the UK, can I raise sales invoices in different currencies?

  50. 31

    S2 E3: How should I number/reference my sales invoices?

View all 80 episodes →

Type above to search every episode's transcript for a word or phrase. Matches are scoped to this podcast.

Searching…

No matches for "" in this podcast's transcripts.

Showing of matches

No topics indexed yet for this podcast.

Loading reviews...

ABOUT THIS SHOW

About to start your own business? Each week, I answer your accountancy questions. Aimed at UK small business owners, I answer the questions you often ask, such as "how much money should you set aside for tax?" and "do I need to trade through a Limited Company?".

HOSTED BY

Loud and Clear Accounting

URL copied to clipboard!