Over the past year, with a range of increases to taxes, mortgages, energy bills and the general cost of living, discussions surrounding a concept known as a windfall tax

The issue of tax has been at the heart of the recent political turbulence and while that may have seen a swift turnover of prime ministers and chancellors

HMRC have a policy for naming and shaming deliberate tax defaulters. Here is what that means and how a tax accountant can help you avoid it.

Self-assessment tax returns are a great way to manage your taxes, but you’ll need a good accountant to ensure everything is done correctly. This guide will tell you how to find a self-assessment tax return accountant and what questions to ask when hiring one. What Are the Benefits of Working With a Tax Accountant? Working …

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If you are a small business owner, you know how difficult it can be to collect unpaid invoices. It can be a time-consuming process and take away from other important tasks. That’s why credit control is essential–not only does it save you time, but it also helps build strong relationships with your customers and provides …

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Tax efficiency is an important consideration for all companies, as it can help reduce their overall tax liabilities and increase their profits. Getting tax-efficient finance for your company can help you reach your financial goals and maximize your profits. If you are a new business owner, this blog post will discuss tax-efficient finance and how …

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Keeping accounting records is an essential part of becoming financially responsible. Through historical documents, businesses can keep track of their growth, losses, and other financial hardships they went through in the past. However, there are many questions surrounding accounting records that require some answers. Therefore, before keeping accounting records, try to learn more about the …

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Accountants’ duties extend beyond tax filings. To maintain the health and profitability of your business, they could do a thorough review of your financial situation and generate a forecast for the entire year. Giving a stranger access to your company’s operations might be unsettling, especially if you’ve had trouble managing your money in the past. …

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Bookkeeping refers to keeping track of a business’ financial transactions. It allows you to understand the inflows and outflows of your resources. It’s also a way for owners and managers to track their businesses’ progress and overall financial health. No matter what industry your business might be in, you need an updated bookkeeping system. Owners …

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Paying taxes is nobody’s favourite task, but it’s a necessary evil, especially for large corporations. Limited companies and foreign organisations with local branches need to pay corporation taxes. It’s also essential for other profit-making unincorporated entities to trade profits, investments, and gains from asset sales.  We expect to see the corporation tax bill rise in …

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