What is the Difference between Turnover and Profit ?
What is meant by “Profit”? In general terms, profit is synonymous to the word “gain.” However, the definition of the same word is a bit more complex than that in [...]
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How Buy VAT Registered Companies Off Shelf in UK?
When the UK LTD company should be VAT registered? If companies have turn over of £83,000 continuously for 12 months or if there is a possibility of getting a turnover of [...]
NHS Bursary – Types, Eligibility, Grants, How to Apply & Contact Numbers
What does NHS Bursary do? NHS Bursary is an annual payment which is paid monthly to students to cover their daily needs. This kind of service is applicable only for students. [...]
How to Become a Registered Childminder in UK?
How would you define a “childminder”? The job of a childminder is a complex one. Childminders basically work by taking care of children of a mixed age group. They can take [...]
Certificate of Tax Deposit UK - Scheme by HMRC
What is a certificate of tax deposit? Certificate of Tax Deposit (CTD) is a scheme offered by the UK government to the taxpayers of the country. The main objective of the CTD [...]
PIO to OCI Conversion - Application Status & Registration Process UK
What OCI stand for and what is its person? OCI is a, or can be used as a passport for identification purposes. OCI stands for Overseas Citizenship of India. This document is [...]
What is Double Taxation Treaty Passport Scheme?
What is Double Taxation Treaty Passport Scheme? Double Taxation Treaty Passport Scheme was introduced in the year 2010 by the UK government in order to allow non-resident [...]
How Much Tax Do I Have to Pay When I Sell Things Online?
Do I Have to Pay Tax When I Sell Things Online? Taxes are an important part of any business. Unpaid taxes could lead to serious and strict legal actions against you. However [...]
Do Charities Pay Vat? Charging VAT to Charities
Charging VAT to charities VAT or Value Added Tax is charged on goods and services. There are some exemptions to this tax, but there is no such thing as absolute relief from [...]
List of Documents Required for Import Customs Clearance UK
Why do you need import or export documents? When you, whether as a business owner or as an agent, take part in international trade where you either import goods or export [...]