Corporation Tax rate changes in the UK
All taxable UK limited companies must pay corporation tax on their annual profits. It is the responsibility of the company’s director(s) to ensure that corporation tax returns have [...]
New penalties for late submission of VAT returns
For VAT returns for tax periods beginning on or after 1 January 2023, the new late payment penalty system is to be replaced by a points-based late payment [...]
UK alcohol tax changes
Duties will rise by more than 10% overall, but lower alcohol drinks and most sparkling wines will be taxed at a lower rate. Many alcoholic drinks are costing [...]
LTD company or Self-Employed – which form of business to choose?
One of the first tasks you will have when setting up your business will be to decide between a new limited company or become self-employed. The different business [...]
Marriage Allowance – claim a tax reduction of up to £252
Eligible married couples or those in civil partnerships can reduce their tax by up to £252 a year by claiming Marriage Allowance. Marriage Allowance allows married or civil partnership [...]
Tax settlements
Tax settlements – We do complete accounting service for companies and private individuals. If you need to do settlement or you have a question concerning taxes – we [...]
Partnership service
Partnership – the closest form to self – employment, however as the name suggests, owners of co-partnership are at least two partners who divide among them profits and [...]
Official matters
London Office, Official Affairs – We contact the authorities on your behalf. We will call for you, send a letter on your behalf or help you change your [...]
Intensification in tax inspection
There had been some changes in regulations concerning tax inspection. Businessmen will not be happy about intensification. It is worth to know changes to avoid unnecessary unpleasantness. HMRC office [...]
Which expenses can be figured in costs of running a business?
Many entrepreneurs have got problems with expenses qualification which can be counted as costs of running a business. Inappropriate expenses qualification may lead to the revenue inspection and [...]
