Since September 2022, the Economic Crime and Corporate Transparency Bill has been making its way through parliament. The Bill, among other things, sets out key changes to small company filing options. The intention is to make more financial information available
Industry Sectors
VAT at 50: The evolution of a not so simple tax
Value Added Tax (VAT) turned 50 on 1 April 2023. However, many would argue that it still has some growing up to do! Whilst many of us will know something of the biscuit vs. cake debate, this doesn’t even scratch
ATED revaluations due for 2023/24
Companies taxed under the Annual Tax on Enveloped Dwellings (ATED) scheme are reminded that revaluations are required for 2023/24 returns. ATED annual charge ATED is an annual tax, payable mainly by companies (both UK-resident and non-UK resident) owning residential property
Limited Company incorporation – is it worth it?
Whether just starting out, or established sole trader, you may be wondering if limited company incorporation is right for you. The truth is, it depends on your circumstances and what you want to achieve with your business. In years previous,
Register of Overseas Entities: What you need to know
The new Register of Overseas Entities (ROE) came into effect on 1 August 2022. It affects overseas entities who own, or who intend to buy, sell or transfer UK property or land. The requirements apply to entities who purchased UK
Tax & business news: January round-up
As we find ourselves at the beginning of another new year, doing our best to pick up where we left off before the festivities, we thought a round-up of the most important tax and business news for January 2023 was
Bookkeeper vs Bookkeeping software: Time to outsource?
Whether to outsource to a bookkeeper is a decision that should be made in the best interests of your business, and with an awareness of what you need from them in order to thrive. Whatever the size of your business,