I’ve Started a Business. What Do I Need to Do Now?
Do I need to register my business once I have taken the road to launch and carry out my business affairs? In the UK, every
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.
Holiday Lets – What Happens if the Rules are not Complied With?
When it comes to letting property, not all are equal when it comes to tax – lettings that qualify as ‘furnished holiday lettings’ (FHLs) benefit
How Long Should You Keep Business Records?
Whether you are running a limited company or you are self-employed, you need to maintain a proper record. For whenever your business is under auditing
What Counts as A Garden for Private Residence Relief?
Private residence relief prevents a tax charge from arising if there is a capital gain when a person sells a property that has been their
Compare S Corporation vs. C Corporation: Similarities and Differences
You might get confused between S Corporation and C Corporation due to the nuance differences and considerable similarities between them. So, if you are going
What is Venture Capital and Is It Right For your Business?
Venture capital is a disruptive innovation in the business and it has changed tremendously the way we do business by changing the dynamics and instruments
Splitting Capital and Revenue Expenditure
When it comes to tax relief for expenditure, not all expenditure is equal. The relief, if any, that is available, depends on whether the expenditure
What Is a Suspense Account?
Every business calls for the settlement of some unsettled, ambiguous, and temporary calculations and entries in their ledger on a daily basis. Where should these
Why Should a Growing Business Never Overlook Contribution Margin?
Different types of indicators help business people and business analysts make crucial decisions. For example, they can decide on the number of products produced and
Margin vs Profit: Why You Need to Track Profit Margins
While gauging the performance of a corporate business or publicly listed companies, different types of indicators are used by financial analysts. Various Key Performance Indicators
Allocating Income for Tax When Property is Jointly Owned
Property that is jointly-owned may be let out. As people are taxed individually, the income must be allocated in order to work out the tax
Plastic Packaging Tax – Who Is Liable?
Plastic packaging tax is a new tax that comes into effect from 1 April 2021. The tax has a green agenda – its aim is
Join 5,000+ businesses comparing today