Dec 12 4 min Survival Guide for Uber Drivers: Understanding UK Tax Rules For Uber drivers in the UK, navigating the tax landscape can seem like a challenge, but with the right knowledge and approach, it can...
Dec 12 4 min How Uber Drivers Navigate UK Taxes: A Complete Guide Navigating the UK tax system can be a daunting task for anyone, particularly for self-employed professionals like Uber drivers. With...
cheap accountantSep 8, 20223 min readIs it Possible for a Sole Trader to Have Employees?Is the Formation of a Limited Liability Company Necessary When Hiring Staff? You are not limited to working alone if you operate as a...
cheap accountantSep 2, 20223 min readWhat you need to know in order to apply for grants to start a businessYou might be required to give the following information throughout the application process in order to be considered for start-up...
cheap accountantAug 30, 20223 min readFor further information on property income allowance, please click here. Instructions for NovicesEarnings from real estate are not subject to taxation thanks to the property income allowance. On April 6th, 2017, it became official....
cheap accountantAug 26, 20223 min readCan You Explain What It Means for a Business to Be Privately Owned? Introductory TutorialHow Do You Define a Private Limited Company? It is one of the most frequent types of limited liability companies. Because there is no...
cheap accountantAug 22, 20223 min readWhen a Company Is Considered to Be Dormant, What Does This Mean? Should I Give Up and Let My BusinesA limited company Accounts that doesn't trade and doesn't have any accounting transactions is referred to as a dormant company, which is...
cheap accountantAug 18, 20223 min readHow to Fill Out a CIS Tax Return With These InstructionsCompleting tax returns can be a stressful and time-consuming process for anyone, from people who run their own businesses to sole...
cheap accountantAug 11, 20223 min readWhat does it mean for research and development tax reliefs under Finance Bill 22/23?The United Kingdom's HM Revenue and Customs (HMRC) has released this week the specifics of new tax law that is scheduled to become...
cheap accountantAug 3, 20223 min readHow to Make Money Grow Richer (Investing Your Tax Return)As the average tax refund in 2022 is expected to be over $3,000, refund checks can have a significant impact on the finances of many...
cheap accountantJul 29, 20222 min readHave you made a mistake? How to Make Changes to Your Tax ReturnThe 31 January 2019 deadline for filing the 2017/18 self-assessment tax refund has now gone. You filed your return on time and paid the...
cheap accountantJul 25, 20223 min readEmployees are responsible for preparing and filing individual tax returns.In order to carry out your own self-evaluation, do you require assistance in the preparation of your tax return? Why not give Cheap...
cheap accountantJul 21, 20223 min readWhat exactly is a CIS monthly return?A monthly CIS return is a key component of the government's Construction Industry Scheme (CIS). The government used CIS to combat fraud...
cheap accountantJul 6, 20223 min readWhat exactly is a sales tax nexus?While sales tax isn't often the subject of captivating headlines, a hot little topic known as "nexus" has kept sales tax ins and outs in...
cheap accountantJun 24, 20223 min readWhy hasn't my tax refund arrived?You submitted your taxes on time and were fortunate enough to receive a tax refund. But what if the amount deposited in your account by...
cheap accountantJun 20, 20224 min readHow Do I Inform HMRC That My Company Is Now Dormant?Companies House technically does not require you to notify them about the change of status of your company until your next filing of your...
cheap accountantJun 14, 20223 min readWhat are the most common reasons why people choose to work through a limited company?There are numerous reasons why a corporation may want to operate as a limited company. These are some examples: Protection from 'limited...
cheap accountantJun 7, 20223 min readWhat the HMRC Making Tax Digital for VAT letters imply for your companyHave you received a letter from HMRC regarding VAT Making Tax Digital? If so, you are not alone. Making Tax Digital (MTD) for VAT letters...
cheap accountantMay 31, 20223 min readAre Company Incorporation Costs Tax-Deductible?A successful business must be built from the ground up, step by step. The first step would be to transform the company into a legal...
cheap accountantMay 26, 20222 min readWhat Landlords Should Know About Tax DigitizationIn addition to more frequent real estate tax changes, HMRC is currently implementing the ambitious Making Tax Digital scheme, which will...
cheap accountantMay 19, 20222 min readFile Your Taxes: You May Be Entitled to Unclaimed Refunds WaitingDid you know that the IRS reports billions of dollars in unclaimed tax refunds each year? Yes, a billion dollars is owed to taxpayers...
cheap accountantMay 13, 20223 min readDormant business accounts save you time and money.A dormant company is one that is not doing business or earning money. As far as HMRC is concerned, this makes it inactive for Corporation...