Heighten Accountants
Would you prefer your business profit to stay at the same amount as last year or to be more this year? If your answer is “yes” then you should regularly use this simple to implement financial analysis and assessment tool.
When ATED was introduced on 1 April 2013, the threshold amount was £2 million. The threshold has since been reduced, firstly to £1 million from 1 April 2015 and then to £500,000 from 1 April 2016.
Business expenses can be a valuable tool for saving taxes and increasing profitability for your business. As a profit-centric business owner, it is crucial for you to understand the various expenses you can deduct from your business to reduce tax liabilities.
The VAT registration system serves as a means for your businesses to comply with tax obligations and collect VAT on behalf of the government. Under this system, businesses meeting certain criteria are required to register for VAT with HM Revenue and Customs (HMRC).
Trading Non-Fungible Tokens (NFTs) on the crypto market has gained significant popularity, attracting individuals looking to explore the world of digital assets. However, it's crucial to understand the tax implications involved in NFT trading to ensure compliance wi...
One of the key incentives for someone who saves into a pension scheme is the tax relief on your contributions available from the government. It is a way of encouraging UK taxpayers to save for retirement. Whatever income tax bracket you fall under, if you pay into a ...
