BLOGS
Financial Insights and Expert Advice
Join us as we explore the intricacies of accounting, taxation, financial planning, and more. Let’s embark on this journey together
High Income Child Benefit Charge
If you or your partner earn over £60,000 annually, you may be subject to the ...
What are Dividends?
Dividends represent a portion of a company's profits that the company distributes to its ...
What is Net Profit?
Net Profit is the amount of money that remains from a business' revenues after all operating ...
What is Gross Profit?
Gross Profit refers to the total revenue subtracted by the cost of goods sold (COGS). These ...
What is Construction Industry Scheme (CIS)?
The Construction Industry Scheme (CIS) is a tax deduction system in ...
Payments on account are advance payments towards your tax and, where relevant, your Class 4 National Insurance bill. Read More
7th June VAT Deadline
The 7th June marks the due date for VAT returns and payment for the quarter ending 30th ...
Landlord Self-Assessment
Landlord Self-Assessment is the process by which landlords report their rental income ...
Chattels and Their Tax Implications
Chattels are legally defined as 'tangible movable property', also referred to ...
Renters Reform Bill 2024
In 2023, the UK Parliament introduced transformative legislation with the Renters Reform ...
What is Salary Sacrifice?
Salary Sacrifice is an agreement between an employer and an employee, where the ...
Double Cab Pick Ups
Before the legal and political debates, Double Cab Pick Ups (DCPUs) were widely classified as ...
P60 Deadline
Following the end of the financial year in the UK, all employers should be looking to issue their ...
P11D Deadline
As we approach the July deadline, employers across the UK need to prepare for the submission of any ...
Updated VAT Fuel Charges
As of 1st May 2024, businesses registered for VAT in the UK will need to adopt updated ...
Companies House Fee Increase 2024
As of the 1st May 2024, businesses and professionals managing corporate filings ...
Spring Budget 2024
In the Spring Budget 2024, Chancellor Jeremy Hunt made several key announcements that could ...
Side Hustles: New Tax Changes
As the gig economy continues to flourish, many people in the UK are turning to ...
The 2023 Autumn Statement brings substantial financial changes that effects everyone from employees and employers ...
The Fundamentals of Credit Management
Credit management plays a vital role in the financial health and stability ...
HMRC Helpline Closed for 3 months
On 8th June 2023, HM Revenue & Customs (HMRC) announced the temporary ...
What Business Expenses can I Deduct?
As a business owner (or small business owner) in the UK, you are allowed to ...
Anti-Money Laundering Regulations
Money laundering is a criminal activity that involves disguising the proceeds ...
Owner's Equity
Owner's equity, also know as shareholders' equity, represents the residual interest in the assets ...