What is a Contractor and Its Advantages and Disadvantages?
Let’s dive into the detailed discussion about the advantages and disadvantages of contracting in the UK. Contracting can offer several advantages for individuals seeking flexibility
Accounting, Tax & Business Blogs
Explore expert accounting, tax, bookkeeping, and business advice from across the UK. Get practical tips, financial insights, and the latest updates to help you manage your finances and grow your business.
How to Register as Self Employed?
If you’re looking for ways to know how to register as a self-employed person in the UK, there are a few things you need to
How Can I Reduce the Share Capital of a Company?
Reducing the share capital of a company registered with Companies House in the UK involves a series of legal and procedural steps. This process should
Business Strategies: Transferring Shares to Family Members
The transfer of shares may be for various reasons – usually when the owner decides to retire, or at least reduce their involvement in the
Tax E-News – Autumn Statement 2023
On 22 November 2023, Chancellor Jeremy Hunt presented his Autumn Statement to Parliament and started making, in his words, the long-term decisions necessary to strengthen
What are Benefits in Kind?
Essentially, benefits in kind refer to the non-cash perks or advantages that an employer provides to their employees, in addition to their regular salary or
How to Close a Limited Company?
Steps to close a limited company involves a series of steps and considerations. The two main ways to close a limited company in the UK
5 Client Acquisition Strategies for UK Accountants
Are you looking for client acquisition strategies for UK? Then this blog is for you. Read till the end to learn about strategies that you
Asset Disposals: Which Expenses can be Offset for CGT Purposes?
Capital gains tax is based on the gain on the disposal of a chargeable asset, which itself is a reasonably simple calculation. One takes the
What are Advantages of a Limited Company?
Some advantages of a limited company include limited liability to protect your assets, the ability to establish a separate legal entity and potential access to
Writing Off a Director’s Loan
Being a separate legal entity, the money within a company’s bank account belongs to that company, not the owners or directors. Tempting though it is
How Does Inheritance Tax Work in the UK?
Let’s delve into the fascinating world of how does inheritance tax work and explore its ins and outs. Inheritance tax is a topic that often
Join 5,000+ businesses comparing today