How to determine or verify whether a business is a VAT registeredAccording to UK law, a company cannot operate (run a business) in the country if its VAT taxable turnover exceeds certain thresholds…Sep 21, 2021Sep 21, 2021
Tax Breaks that Small Enterprise Should Take?We’ve compiled a list of the various types of tax breaks available to small businesses in this post, along with information on eligibility…Sep 16, 2021Sep 16, 2021
Accounting Vs Auditing: Which is Better?While the terms “Accountant” and “Auditor” are frequently used interchangeably, are they truly synonymous?Sep 13, 2021Sep 13, 2021
All you Need to Know About VAT Reclaim on CharityThe tax that charities are required to payAug 9, 2021Aug 9, 2021
Step-by-step Guide on How to Create an InvoiceOur experienced accountants in London will guide you on how to write an invoice that builds trust and speeds up payments.Aug 4, 2021Aug 4, 2021
What exactly is a Dormant Business?Any small business owner contemplating dormancy of a limited company must take steps to ensure compliance with HMRC.Jul 5, 2021Jul 5, 2021
What is the term “value-added tax”?Throughout the supply chain, a value-added tax (VAT) is collected. This means that all qualifying sales are taxed by suppliers…Jun 16, 2021Jun 16, 2021
What is the going concern principle, and what does it mean?The going concern principle assumes that a company will continue to operate in the near future, i.e., that it will not liquidate or be…Jun 7, 2021Jun 7, 2021
What is Vehicles Excise Duty (VED)?Vehicle excise duty (VED) is a tax levied on most driven and parked automobiles in the United Kingdom. VED is not a tax applied at the…May 31, 2021May 31, 2021
How is savings income taxed?Savings income taxation can be tricky due to the different allowances and rates that are in play. Most people get confused, so they hire…May 27, 2021May 27, 2021