Category: Resources

The VAT default surcharge regime has been replaced by a new penalty system with distinct penalties for late submission of VAT returns and late payment of VAT, effective for VAT return periods beginning on or after 1 January 2023. Interest on late payments to HMRC and to taxpayers will be computed differently under the new

The childcare sector is bracing for financial cuts. Despite the recent Autumn Statement’s pledge of support, the childcare sector is bracing for financial cuts and a drop in the supply of nursery seats, resulting in a rise in childcare costs. The childcare sector is facing a crisis as a result of the Government’s austerity policies,

Whether you are a small or large company, running a business is never easy. It requires constant innovation and staying ahead of the curve. In this digital age, where competition is at an all-time high, it’s almost impossible for a business to stay on the market without constantly updating its services and products to match

A limited company is considered as having its own legal status, which means it is liable for any liabilities it incurs and is the legal owner of all its assets. Who owns a limited company? Limited companies are owned by one or more individuals (human or corporate) known as ‘members’. The members of a company ‘limited

If you are a UK residential landlord, it is critical that you understand what taxes you may be required to pay and which Tax disclosures are required rental for property. Individuals who earn rent or income from land and property are required to file a tax return. So, you would need to file a tax

One of the most important services that modern tech firms provide for their clients is data analysis. A recent report says that the market for data analytics will grow more quickly in the coming years. The investors have the opportunity to benefit from this expansion by making investments in the area. There are certain benefits of

As any recruitment agency owner will tell you, the expenses of operating a business can be significant. Whether it’s getting new hires up to speed on your accounting software or conducting training sessions, recruiting professionals need to keep track of their costs wherever they can. That’s why tax deductions and tax tips are so important

As the economy improved and more people started to get back into the housing market, there is an increase in Estate agency business Mergers & Acquisitions. With more people wanting to buy and sell and prices going down, a market is a good place for estate agents to do business. The number of businesses that