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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.

Could women do more to reduce pay inequality?

8 October 2019

Women working in an officeTwo-thirds of women believe they are contributing to the gender pay gap according to a new report.

Research conducted by DrivenWoman, a female-only empowerment platform and network, has found that that more than two-thirds of women believe they are contributing to the gender pay gap.

In the UK, a quarter of companies and public sector bodies have a pay gap of more than 20% in favour of men. The results of this new study show that the vast majority (98%) of women feel they themselves could be doing more to end pay inequality.

Over a third of women think that not believing in their own self-worth is preventing the pay gap from shrinking, and 45% think that not negotiating higher salaries contributes directly to pay inequality. In addition, 34% say not putting themselves forward for promotions is contributing to the gender pay gap.

Other key factors cited by the women polled include not proactively working to change corporate structures (21%), not taking action on their own ideas (23%) and not taking full responsibility for their personal growth (17%). One respondent described the pay gap as the "mother penalty" and another said women are being "too compliant by adhering to old subservient stereotypes".

Miisa Mink, founder of DrivenWoman, said: "It doesn't surprise me that women believe they contribute to the gender pay gap, because to a certain extent, we do. We are tolerating it. Women shouldn't sit there in a victim position, waiting for the world to change for them. We need to take control. At DrivenWoman, we want to empower women to take that control by providing them with the skills and support to do so."

Written by Rachel Miller.

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