What is a Personal Tax Account? The Personal Tax Account system is a handy little online resource HMRC has provided to enable you to view and make changes to your personal tax information online. You will be able to manage your tax affairs through the account rather than phoning or […]
Monthly Archives: November 2023
23
Nov
Nov
Have you ever had a meeting with your accountant and heard them they say a bunch of random words that you don’t understand? Here are a few key accountancy related terms and their definitions to help you out: Audit – An independent review of financial statements to see whether […]
07
Nov
Nov
Corporate governance is no longer a term reserved for large multinational corporations. Small and Medium-sized Enterprises (SMEs) and Owner-Managed Businesses (OMBs) are increasingly recognising the significance of good governance, especially from an Environmental, Social, and Governance (ESG) standpoint. Here’s why. Building Trust and Credibility Good corporate governance ensures […]
06
Nov
Nov
Taxation is a critical aspect of running a business, and understanding its complexities is essential for limited company owners. Our comprehensive guide ‘Running a Limited Company: A practical guide for business owners’, provides a breakdown of key business tax considerations, including dividend tax, VAT, National Insurance Contributions (NICs), Corporation Tax, […]
01
Nov
Nov
Let’s delve into the fascinating realm of the UK tax treatment of Furnished Holiday Lets (FHLs). If you’ve ever dreamt of turning your cozy cottage or charming apartment into a holiday retreat, you’re in the right place. Here we will untangle the complexities of tax rules and discover how FHLs […]