Heighten Accountants
Running a hospitality business whether it’s a seaside café, ski lodge, or boutique hotel means balancing the highs of peak season with the challenges of quieter months. While summer bookings or festive periods may boost revenue, off peak months can strain your financ...
Working as a sole trader means you are responsible for all your business. Working to grow your business and managing your books together can be a handful and quite difficult to manage. Self-employed accounting software can be helpful in cutting down the admin w...
If you are thinking about selling your business, shares or assets, there is a high chance you would have to pay a large percentage of your profit towards Capital Gains Tax (CGT).
Value-Added Tax (VAT) is a consumption tax applied on most of the goods and services sold in the UK. Currently, the standard rate is set at 20%, along with a reduced rate of 5% and 0% on certain goods and services. This VAT is collected by businesses on behalf of HMR...
If you think you have paid too much tax this year, you are not alone. Like yourself, millions of UK taxpayers overpay every year, and often without realising it. This can happen due to a number of reasons for example if you are changing jobs or taking a break f...
Tax Codes in the UK refer to a series of numbers and alphabets used by HMRC to determine how much income tax needs to be deducted from your earnings. These codes are used to reflect on an individual’s tax-free allowance and any other additional income that requires ...
