Capital Gains Tax (CGT) is a tax on the profit you make when you sell or dispose of an asset, not on the full sale price. It applies to...
There are various cash flow problems faced by construction firms. This is because the firm will have already completed the work while payments will only come after several weeks....
For growth, investment is essential, and it needs to be at the proper time. The business may require new equipment, cars, machines, technology, or other assets to grow. But...
There are a number of tax planning opportunities for business owners that are permitted in a limited company. But cutting taxes is no way to avoid taxes! It involves...
Being a small business in the United Kingdom does not mean dealing with sales and customers only. There are also tax, expenses, records and deadlines and the rules of...
Running a business is not just about selling products/services. The information must also be accurate; there must be reliable records and sensible tax planning. These are essential in order...
Corporation Tax is an important cost for many UK companies. However, there is a misunderstanding about this. Business owners may realize that they are responsible for paying taxes on...
Filling a Self Assessment tax return may seem a frightening task. You submit your figures, claim reliefs, work out your tax and send it to HMRC. So what do...
Guidance on submitting a CIS monthly return correctly is a key component of ensuring that construction contractors are compliant with HMRC for the UK. But when you have deadlines...