COMMUNITY INTEREST COMPANY
What is a Community Interest Company (CIC)? A community interest company is a relatively new type of company which was established by the United Kingdom government in the year 2005 under the [...]
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TRANSFER OF SHARES ON DEATH OF A SHAREHOLDER
When a shareholder dies the right to his interest in the shares will pass on to the beneficiary as mentioned in his will or intestacy. In case the deceased has a will prepared, his rights will be [...]
Postponement of Self Employed NIC Merger
"Are postponing the merger of Class 2 and Class 4 National Insurance Contributions and the likely abolition of Self-Employed Class 2 NICs what you can call progressive tax [...]
Finance Bill (No. 2), 2017 – Key Amendments| DNS Accountants
The Finance Bill 2017-19 incorporates every one of the measures that were discarded from the primary Finance Act of 2017. The Finance Bill No. 2: Amended Version of the bill provides an in depth [...]
Accountants for Startup Businesses and Entrepreneurs
Start-ups, New Businesses and Entrepreneurships Start-up is commonly used term for entrepreneur, when an individual or a group of individuals with two to more than two members wish to start a [...]
Taxes on money transferred from foreign country
The UK tax system is rather simple for those who only have income and gains from UK sources during their stay in the country. But, for UK residents who have foreign income and gains, things can be [...]
How to Check Your Credit Report | Improving Credit Score
What is Credit Report? A credit report includes the minutest details of your credit history for accounts you held for past six years. So, anyone above the age of 18 who has taken a credit, there [...]
Blockchain Technology Explained – Impacts of Blockchain for Accountants
Blockchain technology is a relatively new concept and rapidly growing technology with ongoing innovations. The technology hopes to address various challenges associated with digital transactions such [...]
What is Equity Release & How Does It Work? – Important Tips on Equity Release
Well if you are 55 and a UK resident with your own property there then Equity Release can be an option to utilize the money involved in your property. Equity release is a process you take money [...]
The Essential Guide to Workplace Pensions & Auto Enrolment for Employers
Employees can plan their retirement through a workplace pension which is managed by their employer till the time he / she is working. It can also be termed as ‘company’ or ‘occupational’ or [...]