Resources

Director Loan account is used for the money withdrawn from company account which is not salary, dividends or expenses repayment. Why do I...

HMRC has announced from 1st April 2021, there will be additional stamp duty Land Tax (SDLT) 2% surcharge for purchasers Who are not...

Usually individual open companies with help of online company formation services which are very cheap and affordable. However they do not...

Today, as part of the Budget, the UK Government has announced further support for employers and the self-employed. Extension to the...

The payment deadline for self assessment was 31 January 2021 and It has been extended to 28th February 2021. Interest is charged from 1...

What is company year end ? The company year end is the date your company financial year ends. It is usually 12 months period. However,...

It is regular question asked Can I claim expenses of meals ? It is complex area and answer is not straight forward. It depend on what...

05 November 2020 Update businesses and people across the UK given certainty over winter months with further support announced by...

If you have buy to let property, it is very easy to make errors in your bookkeeping especially if you have portfolio of properties. Here...

Why you need an accountant ? If you are self employed or run a small business then you going to need an accountant. Having a good...

There are lot of challenges faced by small business owners to start a business and priority is to save as much as possible specially in...

Are you working as a self employed and thinking about changing to limited company? Then please read moving sole trader to limited company...

There are different rules to keep record for self employed/sole traders and limited companies. As a self employed individual you must...

Business banking is important part of your business and it is a distraction for business owner as time can be utilized toward business...

Sole Trader may want to change their unregistered company status to limited company. There are various reason sole traders transfer their...

Congratulation for the first step to become your own boss. There are different structure which you can chose to set up your business. I...

It has been tough time for many self employed people. Most self employed people have to make sum adjustment in their working lifestyle...

· The new rules mean that from 6 April 2020 you will have a 30-day deadline from completion of a sale to calculate the gain, report it...

July 2020 6th- Deadline for filing P11D and issuing P11Ds to any employees 13th- July Self-employed Income support Claim grant deadline...