As a company you are required to file Accounts and a Confirmation Statement with Companies House and Her Majesty’s Revenue and Customs (HMRC) on an annual basis. HMRC have laid down certain rules [...]
Once your company is incorporated and registered with the Companies House, you can change the name of your company if you wish so. The need to change the name of your company may crop up because of [...]
Sugar tax is a tax implemented to reduce the high sugar levels in soft drinks. In case of sugar tax, Soft drink companies are taxed as per their high sugar content. It is implemented on 6Th April [...]
It is a very normal format in any country that when you want to open a bank account with a bank or any banking society they ask for a proof of identity and your address. Still for those who are [...]
Tax residency certificate is a certificate of UK residency from HMRC in order to claim tax relief overseas. An individual can claim tax relief in another country if he or she paying tax on their [...]
Foster child is a child looked after temporarily or brought up by people other than its natural or adoptive parents. There are many foster carers in UK who receives support in different forms so that [...]
By working through a PAYE umbrella company, a contractor/freelancer becomes a member of staff of the firm. Every month or week an umbrella company generates an invoice for the agency based on the [...]
If you are a student and doing a job, you may need to pay student tax. Student tax is of two types – Income tax National contribution Income tax – Income tax means tax on income of [...]
Dementia is a set of symptoms which include memory loss, difficulty in problem solving, over thinking which leads to change in behavior. For ex – Change in temperament or mood of a person and it can [...]
Tampon tax means the total revenue earned by charging VAT on the sale of sanitary products. The revenue earned on the basis of this tax is used to support women facing domestic violence and given to [...]