An essential tool for your business to stay competitive and grow. Business benchmarking is a process of comparing the performance of a business with that of other companies in the same industry or sector. Benchmarking helps you in identifying the areas of strength and weakness in your business, setting up performance targets, and developing strategies […]
An explosion in the cryptocurrency market has been challenging. This is a detailed guide on accounting for cryptocurrency and bookkeeping.
Here’s a detailed guide on Undeclared Income from Short-Term Property Letting Campaign – HMRC One to Many Letters
What is Let Property Campaign? HMRC has introduced the Let Property Campaign opportunity for those landlords who failed to declare the rental income tax for their residential properties, in the UK or abroad. The UK landlords can make voluntary disclosures to His Majestic Revenue & Customs to get their tax affairs sorted and take advantage […]
The registration of overseas entities owning property in the UK is a record or list of companies, organisations, or other legal entities registered or incorporated in a foreign country. In the UK, this information is maintained by Companies House. It may be used for various purposes, such as tracking foreign investment, enforcing tax laws, or […]
Since 2018, online marketplaces (such as eBay or Amazon) have been required to help tackle online VAT fraud. These measures, known as joint and several liability (JSL) for marketplaces aim to ensure that all businesses selling goods in the UK follow