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We've scoured the web to get you the most up-to-date advice which includes the most useful tools on offer from the officials themselves.

Effective tax planning is essential if you are to minimise your tax bills. Simple tax planning can significantly reduce your tax liabilities.

The self-assessment tax return is an unavoidable burden if you are liable for self-employed tax or have complicated income tax affairs.

Corporation tax is charged on a company's profits. If you trade as a limited company, ensure that paying this tax is as painless as possible.

National Insurance Contributions (NICs) are payable whether you are self-employed or employed by your own company, although different rates apply.

As well as your legal obligations, you’ll want to ensure that payroll is painless and that you use any opportunities to improve your tax-efficiency.

VAT

Effective VAT planning aims to ensure that VAT is relatively painless, and that you are reclaiming as much as possible of the VAT you pay.

Capital gains are made when you sell something for more money than you paid for it. As a result, you can be subject to tax. Take professional advice.

Business property taxes apply to businesses with commercial premises.There are two commercial property taxes: business rates and stamp duty land tax.

If you have tax problems or face a tax investigation, it pays to seek professional advice and you must act rather than just hoping for the best.

Google search volumes show massive digital shift

13 April 2021

Analysis of Google search volumes has highlighted the extent to which businesses have embraced digital marketing and ecommerce as a result of the coronavirus pandemic.

There has been a massive increase in Google searches for terms related to online marketing and ecommerce in the past year, according to analysis by Aura Ads. The findings demonstrate how businesses are shifting to online marketing and searching for experts to help them.

Terms with the biggest uplift (comparing March 2020 with February 2021) include:

  • Video marketing services (up 242%);
  • Online advertising agencies (up 188%);
  • Ecommerce video marketing (up 120%).

There have also been more searches for agencies that specialise in specific social media platforms. Popular terms include:

  • Instagram marketing services (up 2700%);
  • Tiktok marketing agency (up 500%);
  • Facebook marketing services (up 250%);
  • YouTube marketing services (up 120%).

At the same time, there have been decreases for some non-digital forms of advertising. The number of searches for "magazine advertising space" has decreased by 63%, while searches for "billboard adverts" have gone down by 37%.

"Those that were nervous about purchasing online previously have now had to make it part of their everyday life, so we expect online shopping to continue to rise, even when the lockdowns are over," said Ryan Walton, founder of Aura Ads. "This trend was always going to come, but the pandemic has just made the shift from in-person shopping and advertising to online shopping and advertising happen at a faster pace."

Meanwhile, another new study reveals that nearly half (45%) of all online content goes unseen. Contentsquare examined 20 billion web sessions across 900 websites from the world's biggest brands for its 2021 Digital Experience Benchmark report.

The research shows that the rates of unseen content are highest for the beauty (60%) and clothing (59%) industries, which tend to have a lot of product display pages. The travel (33%), business-to-business (35%), and financial services (36%) sectors had the lowest content unseen rates.

"Sometimes more isn't better," said Niki Hall, cmo at Contentsquare. "With 45% of your site content going unseen, maybe it's time to take a step back from creating new materials and re-evaluate how your brand is promoting top performing content. Our advice is to focus your energy on identifying the key pieces of content that give value to your customers, then optimise and increase the visibility of this content to drive the maximum engagement from your investments. This could include revisiting and promoting existing pieces of content, or even just fixing the navigation on your website to ensure it isn't being buried."

Written by Rachel Miller.

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