Reduction in the Dividend Allowance
The dividend allowance is available in addition to the personal allowance. It allows all taxpayers regardless of the rate at which they pay tax to
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.
Time Sale to Take Advantage of Higher Annual Exempt Amount
A gain on the sale of an investment property, such as a buy-to-let or second home, will be liable to capital gains tax to the
How to Reduce Your Tax Bills?
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
Claiming Marriage Allowance – Are you Eligible?
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
Mortgage Interest and Tax Relief
Many landlords purchase their investment properties with the aid of a mortgage. In the current climate of rising interest rates, landlords may be wondering whether
Why Cafes and Coffee Shops are at Risk of VAT Mistakes
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
Take Advantage of the Limited Window to Save SDLT
In the ill-fated mini Budget, the then Chancellor increased the residential stamp duty land tax threshold from £125,000 to £250,000 with effect from 23 September
Advantages and Disadvantages of Being VAT Registered
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
Reclaiming VAT on Purchases Made Abroad
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
Does Limited Liability Work? When a Director Can Be Sued By HMRC for Unpaid Tax
It can be a risky business being a director of a UK company these days. It is a common myth that the limited liability status
Is Client Entertainment Tax Deductible?
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.
Everything You Need to Know About VAT Inspection and Penalties
When you are associated with the business world, you must have track of several businesses that get VAT inspection notifications every year. In the case
Join 5,000+ businesses comparing today