Corporation tax is one of many taxes businesses face and is essentially income tax for companies. This article contains information about corporation tax – what it is and how you can plan and manage your tax returns.
Rental income is like any other income or earnings and, as such, has to be properly tracked, managed, reported to the government, and taxed. This blog post outlines your responsibilities in regards to your rental income, and weighs up whether you might be wise to hire an accountant to help guide you.
Technically, all businesses are at risk of being investigated by HMRC due to random selection; 7% of tax investigations per year are selected at random. … Read More
Director’s Loans are a useful tool for businesses, where a Director borrows money from their own limited company, or a Director lends money to their … Read More
As a landlord, you need to keep on top of a lot of financial activities, from your own Self Assessment to the income from your … Read More
If you’re a freelancer or a contractor in the UK, you might be wondering what the best business structure is for your business. In this … Read More
If you are running your own business you might be wondering if it is really worth investing in the services of an accountant. To decide … Read More
Christmas Bonuses If you give Cash bonus to your employees, it counts as earnings for an employee therefore you will have to add that to … Read More
The Seed Enterprise Investment Scheme (SEIS) is one of 4 venture capital schemes to raise money for your company. How the scheme works SEIS is … Read More
You will get Stamp Duty Land Tax exemption if you purchase a residential property between 8 July 2020 to 31 March 2021, you only start … Read More