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Things are not yet fully clear with regards to UK and EU trade even though we are into 2021. There are still questions about what will happen now. The impact of Brexit is big in UK. Until now, businesses are used to the free movement of goods between the EU and the UK. The hospitality industry […]
All You Need to Know About the Impact of Brexit on Your business Read More »
Coming up with a creative idea and building a business around it is always an exciting endeavor. It’s an opportunity to show the world the unique ways you can address certain problems, positioning yourself as the most efficient solution. However, you’ll need a legal form for your business to take, which will affect the legal
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Winding up and selling a business is not an easy task no matter the reason. You will have to face multiple issues when selling. During the process, you will have to come across records dating, tax issues, and your employees. Business records Your records should be in good shape when you are selling a business.
How to sell your business and close down? Read More »
To meet the targeted business goals, you need an understanding of the limitations of your business in the defined areas and have to be determined. Capital advisory services identify these areas to give you recommendations based on your company data. You can get advice about transformation, buying, selling and profit generation, and more. What type
The benefits of offering capital advisory services Read More »
Covid 19 impact brought a lot of changes in business operations in the UK. The reduced operations mean less staff. To completely go through the concept of covid redundancies, you have to go through some of FRS 102 and corporation tax rules. More About Covid Redundancies The furlough scheme is further extended until April next
Know all About COVID Redundancies Read More »
Millions of people file their tax returns before the due date in the UK. This tax year’s tax return deadline to file an online self assessment is 31st January 2021. This is the main deadline, while there are other self assessment deadlines too, and we will take look at them all. Deadline for 2018-19 Self
Self Assessment Deadlines You Must Look Out for Read More »
If your business is on the brink of insolvency, the following steps might help you avoid that. The real question is, will your business turn around any time sooner? Business debt, bankruptcy, and insolvency are more or less the same things, so this article will touch upon and provide recovery solutions for all these. Let’s
What is Insolvency in business? How Does One Recover from It? Read More »
On December 31, 2020, the UK completed its transition period and set to leave the EU for good. European Union (Withdrawal) Act 2018 will end after that. How will Brexit trade deals impact the UK is one of the most discussed questions in the masses these days. Especially how it impacts custom and trade is
Know All About Brexit Trade Deals Between UK and EU? Read More »
Remember the UK left the European Union on 31st January 2020? The country, since then, has been into a Brexit transition period. The transition period ends on 31st December 2020. So what preparations your firm must have been completed during this time? What plans does the FCA (Financial Conduct Authority) talk about? If you
Prepare your Firm for End-of-Year Brexit Transition Period Read More »
Following the deadlines is important to get away with fines and penalties. Normally you can get 12 months from the end of the period of account for Interest Restriction Return (IRR) or Corporate interest Restrictions. Penalties for Late filing will come in place when you go beyond this period. If you have a tangible excuse, then
Corporate Interest Restriction: Late Filing Penalties Read More »
Our team of qualified accountants in London has qualifications from top accountancy bodies, such as ICAEW ( Institute of Chartered Accountants of England & Wales, ACCA ( Association of Chartered Certified Accountants & AAT ( Association of Accounting Technicians). In addition, we are on ICAEW approved employer’s list.
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ACCOTAX – Chartered Accountants in London is one firm you’ll love to have a long-term relationship with. You’ll keep coming back for more because of our high-end accounting & tax solutions.
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