When you’re a business owner, understanding taxes and claiming refunds and advantages can be difficult. That’s why having a professional accountant on your side can help you figure out what’s best for your business and how to get the most out of...
The Coronavirus Job Retention Plan (CJRS, often known as the furlough scheme) was first implemented in March 2020, and it provided employers with a subsidy to pay a percentage of their eligible employees’ wage costs. This initially applied to employees who were...
You should avoid several things while creating a company strategy. This is why it is important to contact your tax advisor and tax accountant in the UK always. At Tax Advisor UK, we are here with 10 startup pitfalls you must avoid. 1. Your Business Product...
Since 6th April 2020 the 30-day window for capital gains declarations has been applied, HMRC, on the other hand, has already submitted £1.31 million in late filing penalties for undeclared revenue from asset sales in UK. HMRC issued 13,113 late filing fines to second...
On 3 March 2021, the UK Government announced a temporary extension to the trade loss relief rules for companies and individuals alike. This gives rise to allowing a claim to offset trading losses for the year 2020-2021, as loss relief, against trade incomes of...
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