Are you a businessman who is into setting up a new start-up or someone who is not from a financial background, such cases find it really daunting to comprehend the accounts of a company. This is because of the fact that there are multiple sections involved in the accounts of the business and then you […]
Everything You Need to Know About How to Read Company Accounts Read More »
The role of accounting is vital whether your company is carrying out small-scale business or large-scale business. No organisation will deny the importance as it is really helpful when it comes to tracking business expenses and income. This kind of quantitative information about business finances will be used further to make the right business choices
A Beginner’s Guide to the Accounting Cycle Read More »
The most frequent question that the clients ask from time to time is about the consequences of not registering for VAT in the UK. This can be about the unique needs of a limited company or sole trader who is associated with the business industry, and who is planning to get registered for VAT because
How to Record VAT on Expenditure Invoices When Not VAT Registered Read More »
There are possible chances of making a mistake in the tax returns. If you are the one who is dealing with the same issue right now, the first thing you would want to know is how to amend tax return errors. There are several people who are confused with thinking that this is not possible
Made a Mistake? How to Amend Your Tax Return? Read More »
You all aim to pursue the dream to reduce your tax bills. For this purpose, there are several smart ways that can really help with getting tax relief in the UK. Regardless of whether you carrying the activities of small or large businesses or are associated with self-employment, this can be a useful read to
How to Reduce Your Tax Bills? Read More »
When you are a married couple who is residing in the UK, this is imperative for you to have an understanding of what is marriage allowance and how it works for your benefit. Also, the good news is that these allowances increase every year. This increased amount is usually applied from the 6th of April
Claiming Marriage Allowance – Are you Eligible? Read More »
Everyone in the UK is a frequent customer of coffee shops these days. Many of the customers ask the same question frequently from the coffee shop staff. Do you like to take a cold sandwich or a heated sandwich? Do you take black tea or white tea? Are you eating in or taking away your
Why Cafes and Coffee Shops are at Risk of VAT Mistakes Read More »
Are you planning to establish a new business start-up in the UK? There are a certain number of legalities that you will have to prepare for in this process. One of these mandatory legalities is getting your business registered for VAT. This is imperative to mention here that you become legally liable to get your
Advantages and Disadvantages of Being VAT Registered Read More »
Many of you must have experienced the intention to buy something useful for your business even when you are on a holiday abroad. This is because the product or service is something that you have been looking for a very long time but could not find in the UK. You decide to buy the product
Reclaiming VAT on Purchases Made Abroad Read More »
When you are in the UK and associated with the industry, you must have heard about entertaining business clients and how beneficial that can be. This brings in the factor of improved morale and showing loyalty towards your dedication to work with clients. You will get a chance to build business relationships. This is where
Is Client Entertainment Tax Deductible? Read More »
