Category: Resources

The IPS Tax Avoidance Saga An Isle of Man-based tax avoidance promoter used by doctors and nurses faces a £900,000 fine for tax evasion. Between April 2016 and April 2018, IPS Progression Limited (IPS) paid 1,593 scheme users, mostly locum doctors and nurses, with tax-free loans. Judge Christopher Staker ordered IPS to pay a £900,000 penalty for late notification to HMRC.   The Tribunal Decision: Unveiling the £900,000 Penalty The tribunal’s decision of

Starting a wedding business in the UK is an exciting journey packed with passion, creativity, and the possibility of making dreams come true. However, the complexity of tax demands, such as Capital Gains Tax (CGT), is critical. Understanding and managing CGT efficiently can have a substantial impact on your company’s financial health and long-term success.

In the fast-paced world of  home décor and interior design companies, effective cost management is essential to long-term success and growth. I recognize the value of sound financial management and strategic cost control because I am the owner of APEX Accountants, a firm that specializes in tax and business advising for a range of industries, including tech, training,

While technological advancements continue to revolutionize the beauty and grooming sectors, the industry depends on innovation to provide customers with safer and more efficient goods and services. The engine behind all technological advancements in R&D Tax Credits for Beauty & Grooming businesses is that they push businesses to reach previously unattainable objectives. However, many companies

Startups face numerous obstacles in the dynamic world of entrepreneurship, ranging from handling cash to navigating through complex tax laws. In this context, adopting creative ideas becomes essential for long-term success. One such option that stands out as a game-changer is  cloud accounting for startups businesses, which provides unmatched simplicity, agility, and efficiency. We at

Payroll management issues shouldn’t be the last thing on a business owner’s mind in the quiet world of day spas, where relaxation and calm are essential. However, in the background, keeping regulatory compliance and employee happiness requires accurate and timely payroll processing. For day spas looking to improve their service delivery and streamline operations, this

HMRC has recently implemented new rules requiring well-known internet companies to reveal the income that UK citizens make .These changes impact those who earn money on websites like eBay, Amazon, Etsy, Fiverr, Upwork, Uber, Deliveroo, and others. HMRC aims to ensure that taxes are paid on profits from the gig economy, with the changes scheduled

Managing the financial side of the business can occasionally feel like an overwhelming task in the peaceful world of health resorts, where mats meet awareness and well-being is the rule. . In this blog, we’ll discuss the value of efficient bookkeeping and VAT Solutions for Health Resorts and how Apex Accountants can work with you

Thousands of pensioners were being forced to seek back massive amounts of emergency tax, and some retirees are losing more than £50,000 in emergency tax when they take money from their pensions, which must then be clawed back from HMRC. At Apex Accountants, we recognize the importance of navigating complex tax scenarios, especially for pensioners

Vacation property owners are getting ready for possible changes to the tax code as excitement for Chancellor Jeremy Hunt’s next Budget grows. There are several rumors regarding a potential tax raid that might affect the UK’s holiday let preferential tax structure, potentially having major effects, especially in areas like North Wales where holiday let ownership