The Most Common Client Questions (and How We Answer Them)

Running a business is exciting but the UK tax system can be confusing. Over the years we’ve noticed the same questions come up again and again. Here’s how we typically respond so you have all the answers. 

1. Should I be a sole trader or set up a limited company?

This depends on turnover, risk, and growth plans. Limited companies can offer tax efficiencies and limited liability, while sole traders have simpler admin. We help clients run the numbers to see which structure saves money and suits their goals.

2. What expenses can I claim?

Travel for work, professional subscriptions, a portion of home-office costs, and more—provided they’re “wholly and exclusively” for business. We guide clients through HMRC rules so they don’t miss legitimate deductions or risk over-claiming.

3. When is VAT registration required?

If your taxable turnover exceeds £90,000 (current threshold), you must register. But voluntary registration can also benefit some businesses earlier—we explain the pros and cons.

4. How do I pay myself tax-efficiently?

The balance of salary versus dividends, plus pension contributions, makes a big difference. We create bespoke strategies to minimise tax while keeping things fully compliant.

5. What’s the best way to keep my books?

Cloud software like Xero or QuickBooks makes life easier and keeps you HMRC-ready for Making Tax Digital. We help clients choose and set up the right system.

6. Can you help with funding or grants?

Yes—many business owners don’t realise how much support is available. We stay on top of regional grants, R&D tax credits, and government-backed loan schemes.

Why Sharing These FAQs Matters

Answering these common questions up front saves clients stress and shows where an accountant adds real value: planning ahead, avoiding penalties, and freeing owners to focus on their business