Value Added Tax Guide For Ltd Companies

VAT accounting is one of those issues that effect almost every commercial enterprise in one form or the other. It provides a lot of new business owners with sleepless nights. However, it can be easy to understand and simple to apply if you get the proper explanation of the basics. Here is an article which […]

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Don’t Get Caught By HM Revenue & Customs Let Property Campaign

HM Revenue & Customs started in September 2013 to target those who receive rental income without a declaration for income tax purposes on the grounds that the treasury was loosing an estimated £550M a year in tax revenue. As a result, it is unwise to be in receipt of rental income and not declare such […]

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Top Ten Common Tax Return Mistakes That People Make

It has always been an option for people to file their own tax return rather than get someone else like a tax accountant to fill it in for them. However with the advent of the internet and online filing system more people than ever before now file their own tax return via the HMRC online […]

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Keeping Accurate Accounting Records

For those who run a business, It is vital for you to maintain accurate records all year round . Any kind of uncertifyable expenditure will probably wind up being queried, if officers of HM Revenue & Customs comes to check out your tax return. As a rule, the small business proprietor should keep every one […]

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