Heighten Accountants
As a small business owner or partner, navigating the complex landscape of accounting methods can significantly impact your taxable profits. The choice between the accruals basis and the cash basis is a decision that requires careful consideration, and this blog aims ...
A private limited company, often referred to as a "Ltd" in the United Kingdom, is a popular business structure known for its unique legal and financial characteristics. In this context, the term "private" denotes that the company's shares are not publicly traded on s...
Navigating the intricate realms of finance and taxation often leads us to encounter the enigmatic term: Capital Gains Tax (CGT). Whether you're a seasoned investor, a homeowner on the verge of selling a property, or someone who's just bumped into this term, our goal ...
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.
