Last updated: February 2026 The VAT Flat Rate Scheme for trades can simplify VAT reporting for UK plumbers, electricians, builders, and contractors — but it is not always the most profitable option. In this guide, we explain how the flat rate scheme works, the percentages applied to different trades, who qualifies, and whether it still … Read more
Last updated: February 2026 CIS accounting explained for contractors can often feel confusing — especially for trades businesses dealing with subcontractor deductions, HMRC reporting requirements, and VAT obligations. In this guide, we break down how the Construction Industry Scheme (CIS) works in the UK, how deductions are calculated, and what contractors and subcontractors need to … Read more
Last updated February 2026 Making Tax Digital (MTD) is a UK government initiative that requires businesses to keep digital records and submit VAT returns using compatible accounting software. For UK tradespeople — including plumbers, electricians, builders, and contractors — this change directly affects how you manage invoices, expenses, and VAT reporting. If you’re still relying … Read more