Blogs
An Introduction to Capital Gains Tax
Capital Gains Tax (CGT) applies when chargeable assets are disposed of and applies to individuals
CGT and Your Principal Private Residence
The sale of an individual’s home is normally exempt from CGT, with neither a taxable
Transferring your Business to a Limited Company
Many individuals, either on their own account or in partnership, consider, from time to time,
What is Value Added Tax (VAT) – VAT Rules in The UK
Most purchases carry a VAT charge. Value Added Tax (VAT) is levied on most business
VAT Flat Rate Scheme
The VAT flat rate scheme is designed to make it simpler and quicker for small
What is VAT Cash Accounting Scheme
The main benefit VAT Cash Accounting Scheme is that you don’t have to pay VAT on invoices you have issued until your customers pay you. Although it also means you can’t reclaim VAT on purchases until you pay your suppliers. You get instant bad debt relief since no sales tax is due if no payment is made.
Value Added Tax (VAT) – Entertaining Expenses
VAT on Entertaining Expenses can not be recovered. In this article, we have discussed VAT on entertaining expenses that are incurred by the business organization when the business held a party or other such activity for their employees.
CGT Entrepreneurs Relief – 2021
Entrepreneurs relief was introduced to help protect entrepreneurs from rises in CGT rates. Entrepreneurs’ relief is available to individuals (or trustees in some circumstances) but not to limited companies.
Using a Limited Company to Save Property Tax
The analysis of whether it is beneficial to use a Limited Company to Save Property
The Tax Advantages of Self-Employment
This helpsheet gives you an outline of what it means to work for yourself as
A Guide On Corporation Tax Return (CTR)
To ensure avoidance of penalties, companies should notify HM Revenue & Customs about corporation tax
The Construction Industry Scheme
Special tax rules apply to the construction industry and workers which are detailed in The
Limited Liability Partnerships (LLP)
Accountants for LLP Do you know what is a limited liability partnership? A Limited Liability
Step-By-Step Guide On The Basics of PAYE
Payroll services London, UK PAYE stands for Pay As You Earn. It is the system
PAYE Problems of Casual Workers
HMRC regularly raises questions regarding casual workers and their payment (or not!) through the PAYE
