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Small businesses get online tax guidance

HM Revenue and Customs (HMRC) has created a series of short online video guides aimed at helping small and new businesses understand the tax issues facing them.

The videos feature TV presenter Dan Snow and, taken together, offer an overview of business tax.

The subjects covered include setting up in business, income tax for the self employed, National Insurance, record keeping, employing other people, corporation tax, VAT, importing and exporting, business allowances, and the Construction Industry Scheme.

Dan Snow said of the launch: “We've broken the information down into small video chunks, so that people can access exactly what they need to know. Hopefully this makes the new videos really useful for people and businesses.”

The ten videos can be downloaded free from http://www.businesslink.gov.uk/taxhelp