Heighten Accountants
Why Retirement Planning Matters Early Planning retirement in the UK is perhaps the most important thing to ensure your financial security. The sooner you start, the better prepared you will be in reaching your retirement goals. With the increasing life expectan...
Inheritance Tax (IHT) in the UK is a tax on the estate like (property, money, and possessions) of someone who has passed away. The tax is applicable if the estate’s value exceeds a certain threshold. This tax, currently at 40%, is charged on the value of an est...
The hospitality industry plays a critical role in the UK economy, contributing billions of pounds and employing millions of people. With the sector encompassing hotels, restaurants, pubs, and catering businesses, tax relief can be a vital financial lifeline. However,...
Payroll compliance in the UK is an integral and legal requirement for employee compensation. Employers are liable to calculate and withhold income tax and National Insurance contributions according to the Pay As You Earn (PAYE) system. They have to comply with certai...
The hospitality industry is a dynamic sector, but it comes with its own set of financial regulations that businesses must navigate. Adhering to these regulations is not just a legal requirement but also a key factor in ensuring long-term financial stability and success.
Value Added Tax (VAT) is a significant aspect of financial management in the hospitality industry, affecting everything from pricing strategies to cash flow management. In the hospitality sector, which includes businesses such as restaurants, hotels, and cafes, VAT c...
