Blogs

Hiring Contractor Accountants Can Benefit Your Business
Hiring contractor accountants is an excellent way for freelancers and contractors to manage their finances

Cash Basis for Landlords – When Does It Apply?
For landlords managing rental income, understanding the best accounting method can make a big difference

Family Businesses and the Settlements Anti-avoidance Rules
The ‘settlements’ income tax anti-avoidance rules found in ITTOIA 2005. The principal sets of rules

Inheritance Tax – Tax Free Gifts
There are various exemptions and potential exemptions, which make it possible to make gifts free

What are Self-assessment Penalties?
As HMRC can issue millions of late filing self-assessment penalties, you need to be aware

HMRC or Tax Scam
You must beware of tax scams. The HMRC regularly warns taxpayers to be alert to

Allocation of Partnership Profits to Corporate Partners
Partnership profit allocation refers to the equal distribution of profits. Partnership income is computed for

Tax Investigtion Accountants HMRC Facts
A tax investigation costs you money even if you’ve done nothing wrong. Are you looking

Director’s Guide From Accountants
After several recent tribunal cases on the subject, HMRC has amended its guidance about whether

Tax on Crypto Currencies & Crypto Assets
How do you pay tax on crypto currencies? Are cryptocurrency or crypto-asset gains or profits

The Best Way to Pay Family Members
Many small businesses, whether incorporated or not, pay family members for working for the company.

A Guide To Starting A Business In The UK
Starting A Business In The UK is indeed challenging. However, the rewards are far greater which

Difference Between Memorandum & Articles of Association
Setting up a limited company has many benefits. The foremost benefit is that you won’t

Contractors 101 — How to Know Your IR35 Tax Status?
The UK government had introduced the IR35 tax legislation in 2000. The purpose of introducing

Jointly Owned Property Tax in the UK – How To Pay?
The steady increase in house prices in the UK has made owning a property increasingly