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Business accounting for non-accountants

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When would a company document require an apostille?

An apostille a document verification stamp provided by UK Foreign office. This is usually required by a country where the document is going to be used. UK Foreign Office (FCDO) will check the authenticity of a document and confirm it by applying an apostille stamp on it. It is then accepted by the foreign country…

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Buying Buy-to-Let Properties under a Limited Company: What to Consider

Mortgage interest rates have officially reached a seven-month high in the UK. But for buy-to-let property owners – this is just the beginning.   Until 2017, buy-to-let property owners could deduct their mortgage interest from their rental income and only pay tax on the profit. Long gone are those times. Now, tax relief on mortgage…

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UK Tax Guide on rental income for non-residents

Any income from UK rental properties is taxed, whether you live in the UK or abroad. This article guides you through the UK tax laws on rental income for non-resident landlords and how they can affect you. Photo by Kai Bossom on Unsplash  Who pays UK tax on rental income?  Anybody renting a property in…

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The UK tax implications of Crypto

The UK tax implication of Crypto is dependent on the nature and use of the Crypto. Most Crypto transactions will either result in a gain or a loss for someone and therefore will have tax implications. This article will give you a quick summary of the UK tax. When do I have to pay tax…

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General Tax Saving Tips – 2022

General Tax Saving Tips Find out how you can reduce your tax liability by taking few simple actions. For example: If you are investing try to invest in a SEIS or EIS approved company and reduce 30% or 50% of your tax Contribute a little extra to your pension fund and save going over the…

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Company Formation – Company registration & office address

Any company that’s active in the UK has to be formally registered with the authorities (Companies House and HMRC). As with so many things, it’s important to do company formation or registering a limited company correctly. So, if you are in any way unsure as to what the registration process for a start-up business involves,…

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Tax & Cost rise – Time to adjust your business plans?

Tax rise, inflation, minimum wage rise – what small businesses need to consider to adjust their next three years’ business plans. Small business owners in the UK could be forgiven for thinking they are facing something of an impending ‘triple whammy’, especially after hearing the recent Budget speech. Here we look at three of the main areas…

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General Tax Saving Tips

General Tax Saving Tips Find out how you can reduce your tax liability by taking few simple actions. For example: If you are investing try to invest in a SEIS or EIS approved company and reduce 30% or 50% of your tax Contribute a little extra to your pension fund and save going over the…

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The Accountant (2016 film)

The other day I came across a trailer for the new Ben Affleck film ‘The Accountant’, and I thought finally a mainstream film about an Accountant! I did a short blog about the lack of Hollywood films about us ‘interesting’ accountants back in Nov 2011 blog Here I also suggested some names for a film about accountants…

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Looking for investment? tax incentives via government SEED Enterprise Investment Scheme (SEIS)

It can be challenging to start a new business. In order to help your business grow, you have to keep your eyes open for investment opportunities and make sure that you are making the most of the help available from HMRC. Fortunately, there are a few options to help you attract investment. Following on from…

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