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Blog

Tax on Foreign Income – A Comprehensive Guide

May 17, 2023 by Nadeem Iqbal Leave a Comment

Tax on Foreign Income – A Comprehensive Guide

Tax on foreign income is a complex and important topic that affects individuals and businesses that generate income from sources outside their home country. In this blog, we will explore the basics of foreign income taxation, including how it works, who it applies t...

Filed Under: Taxation

Unlock Your Business’s Potential: The Ultimate Guide to Business Benchmarking

April 26, 2023 by Naz Hakimi Leave a Comment

Unlock Your Business’s Potential: The Ultimate Guide to Business Benchmarking

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 an...

Filed Under: Advisory

Accounting for CryptoCurrency – A Detailed Guide

April 3, 2023 by Naz Hakimi 1 Comment

Accounting for CryptoCurrency – A Detailed Guide

An explosion in the cryptocurrency market has been challenging. This is a detailed guide on accounting for cryptocurrency and bookkeeping.

Filed Under: Crypto currency

Undeclared Income from Short-Term Property Letting Campaign – HMRC One to Many Letters

March 1, 2023 by Michael Eracleous (FFA) Leave a Comment

Undeclared Income from Short-Term Property Letting Campaign – HMRC One to Many Letters

Here's a detailed guide on Undeclared Income from Short-Term Property Letting Campaign - HMRC One to Many Letters

Filed Under: HMRC Investigations

Let Property Campaign – A Detailed Guide

February 13, 2023 by Nadeem Iqbal 3 Comments

Let Property Campaign – A Detailed Guide

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 Hi...

Filed Under: Property and Landlord

Registration of Overseas Entities Owning Property in the UK

January 27, 2023 by Nadeem Iqbal 2 Comments

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 ...

Filed Under: Property and Landlord

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CATEGORIES

Insights

  • National Insurance Changes and Rising Employment Costs in Hospitality: Best Practices for Compliance and Savings
  • Financial Audits in Hospitality: Best Practices for a Stress-Free Process
  • Tax Relief for the Hospitality Industry in the UK
  • Navigating the Hospitality Industry’s Financial Regulations
  • Hospitality VAT: Best Practices for Compliance and Savings
  • The Ultimate Guide to Restaurant Accounting

Care Home Insights

  • Accounting Basics for Nursing Homes: A Comprehensive Guide
  • Top Seven Tax-Deductible Expenses for Nursing and Care Homes in the UK
  • Bookkeeping Tips for Nursing Homes: Simplify Your Finances and Focus on Quality Care

Profit

  • Cash Flow and Profit Forecast – To Identify Your Future Finance Needs
  • Tax-Smart Accounting: Unveiling the Secrets to Minimising Your Taxable Profits
  • How to achieve 800% business profit growth through a simple three steps business profit review method?
  • How Business Expenses Can Have a Positive Impact on Your Businesses Profitability

Registration Guides

  • Setting up a private limited company – Advantages and Disadvantages
  • VAT Registration – A Comprehensive Guide to the UK business owners

Taxation

  • Allowable Expenses for Landlords: What You Can Claim Against Rental Income
  • How to Reduce Inheritance Tax Liability — A Practical Guide
  • Tax Avoidance vs Tax Evasion: Understanding the Key Differences
  • How Does Tax Work with 2 Jobs? A Practical UK Taxpayer Guide
  • VAT Returns in the UK: Deadlines, Penalties, and How to Stay Compliant
  • Mastering the Art of Tax Efficiency: Unveiling the Power of HMRC Business Tax Accounts
  • Tax-Smart Accounting: Unveiling the Secrets to Minimising Your Taxable Profits
  • Navigating the Capital Gains Landscape: A Comprehensive Tax Guide
  • Tax on Foreign Income – A Comprehensive Guide

Property and Landlord

  • Allowable Expenses for Landlords: What You Can Claim Against Rental Income
  • Landlord Capital Gains Tax Explained
  • Rental Income Tax: A Landlord’s Guide to Taxable Rental Income in the UK
  • Tax Benefits and Pitfalls of Buying Property Through a Limited Company
  • 6 Strategies on How to Avoid Stamp Duty Legally
  • What is the Non-Resident Landlord Scheme, and how does it work?
  • Mortgage Interest and Tax Relief in the UK: A Guide to Your Options
  • VAT on Construction: A Guide to Rates, Exemptions & Compliance
  • Expert Property Tax Advice for UK Residents
  • Annual Tax on Enveloped Dwellings (ATED) –  What It is and How to Report and Pay the Liabilities
  • Let Property Campaign – A Detailed Guide
  • Registration of Overseas Entities Owning Property in the UK

Payroll

  • Payroll Accounting in the UK
  • Payroll Compliance in the UK: How to Steer Clear of Penalties
  • The Pension Regulator: Key Roles and Functions
  • How Accountants Can Simplify Automatic Enrolment for Your Business
  • Understanding Employment Allowance: A Guide for UK Businesses
  • Pension Tax Relief – All You Need to Know

Advisory

  • What is Tax Planning? A Comprehensive Guide to Effective Tax Planning
  • Unlock Your Business’s Potential: The Ultimate Guide to Business Benchmarking

Corporation Tax

  • A Comprehensive Guide to Company Tax Return Filing in the UK
  • Capital Allowances – A Complete Overview

Crypto currency

  • UK Taxation Rule for NFTs Trading on Crypto Market – A Comprehensive Beginners Guide
  • Accounting for CryptoCurrency – A Detailed Guide

Wealth Management

  • Retirement Planning: How Accountants Can Help You Prepare
  • Inheritance Tax Planning: All You Need to Know

Bookkeeping

  • Self Employed Bookkeeping Basics: A Beginner’s Guide
  • Cloud Bookkeeping software as an integral part of modern businesses – What are you missing?

HMRC Investigations

  • HMRC investigations – What to do if you get one?  
  • Undeclared Income from Short-Term Property Letting Campaign – HMRC One to Many Letters

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