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🇬🇧United Kingdom Blog

United Kingdom — Blog

Page 4 of 8.

What Counts as a Valid VAT Receipt? A Simple Checklist

Knowing exactly what counts as a valid VAT receipt keeps you on the right side of HMRC when filing your return. This guide breaks down the mandatory details your supplier needs to provide so you never lose out on reclaiming your cash.

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Business Mileage by Job: Cash Flow and Tax Records

If I track mileage by day instead of by job, I can miss job costs, underprice work, and make tax records harder than they need to be. The fix is simple: I log each business trip when it happens, link it to the right j…

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7 OCR Features Tradesmen Need in Receipt Apps

If a receipt app misses the supplier, date, £ total or VAT, I still end up doing the admin by hand. For UK tradesmen, the right app should do seven jobs well: read text, pull VAT fields, spot the merchant, flag duplic…

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How Tradesmen Track Labor Costs by Job

If I don’t tie labour to the right job each day, I can lose margin without seeing it until payroll or month-end.

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Cash Basis vs Accrual: UK Trade Guide

If you’re a UK tradesperson, the choice is simple at the start: use cash basis if you want your books to follow money in and money out, and use accrual if you need your accounts to track invoices, bills, stock and wor…

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Mileage Allowance for Sole Traders: 2026/27

If I use my own vehicle for work, I can usually claim HMRC mileage at 55p per mile for the first 10,000 business miles in a car or van from 6 April 2026. After that, the rate drops to 25p. Motorcycles stay at 24p, and…

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