Company makes loss – can dividend be paid? Â
Anyone who invests in a company is taking a chance, hoping that the directors, as representatives of the company, will use the money to increase …
Be aware of VAT bad debt relief
Despite the improving economy, bad debts are still a fact of life for many businesses. HMRC is aware that not all invoices are paid on …
New residence-based regime for foreign income and gains
The remittance basis of tax is an optional tax treatment that allows individuals who are resident but not domiciled in the UK to pay tax …
Claiming refunds of overpaid PAYE
If it works correctly, the tax that is collected under PAYE will exactly match the tax that is due for the year. However, in practice, …
Workplace nursery partnership schemes
No tax charge arises in respect of the provision of a nursery place for an employee’s child at a workplace nursery provided that the associated …
VAT on school fees
As outlined before the election, the new Government are to go ahead with their proposal to impose VAT on school fees. Legislation was published in …
Accountancy Services for Small Businesses
Running a small business is a rewarding journey, but it comes with its fair share of challenges—especially when it comes to managing finances. Accountancy services …
How to Find an Accountant for Small Business
Finding the right accountant is a crucial step for any small business. An accountant not only helps manage finances but also provides strategic advice that …
Limited Company Accounts: Simplified Guide
Navigating the world of limited company accounts can feel overwhelming, especially if you’re a first-time business owner. However, understanding the essentials is crucial for maintaining …
Business Tax Return: Top Tips for Filing
Filing your business tax return might seem like a daunting task, but with the right approach and a few insider tips, you can navigate the …
Advantages of Virtual Finance Office Services for SMEs
Introduction In today’s competitive business landscape, small and medium-sized enterprises (SMEs) must adapt to stay ahead. One significant development is the rise of Virtual Finance …
10 Tips for Optimizing Final Accounts in Construction
In the dynamic landscape of construction accounting, optimising final accounts is essential for the success and sustainability of your projects. With meticulous attention to detail and strategic planning, you can streamline your accounting processes and maximise profitability.
