Blogs
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
Tax Tips — Mileage Allowance for Landlords
Landlords in the UK with an unincorporated property business can claim a mileage allowance to
VAT on Disbursements VAT on Claiming Expenses
Q: I am an IT consultant, operating through a VAT-registered UK company. I am supplying
Small Companies Audit Requirements – Startup Accountants
You may not need to get an audit of your private limited company’s annual accounts. Most small private limited companies only need an audit if their articles of association say they must or the shareholders ask for one.