Risk assessment
What do you mean by Risk assessment? Analysing and predicting what might cause harm or damage to the people working and how to curb that particular risk is called risk assessment. It plays a vital [...]
Blog
Debt relief order
What is a debt relief order (DRO)? A debt relief order is a way in which one’s debts are cleared for a period of 12 months. This means that the concerned individual need not pay the debt until the [...]
How to use an ombudsman in England?
What is an ombudsman in England UK? An ombudsman is the one who looks into the complaints of organizations in an impartial and a very objective manner. They are independent and stand completely [...]
International tax accountants for tax planning and advice
Understanding the client meets is imperative for the success of our business and we our best at it. We provide guidance on international tax accounting and help our clients to avoid preventable taxes [...]
Tax relief for payments made as guarantor
Instead of making a loan to a trader some business owners act as guarantor for a loan. If the loan or the interest on the loan becomes irrecoverable leaving the guarantor liable, then an allowable [...]
VAT on International Sales or Transactions in UK
At last international online sellers must register for UK VAT or risk getting struck off online marketplaces That VAT rules are complex is part of the reason why a lot of small businesses delegate [...]
Will Bitcoin Traders Be Taxed Under HMRC?
Bitcoin is one of the widely used and favored cryptocurrency among the digital currency traders however there is no specific legislation specified by HMRC which puts it under taxation. But the case is [...]
HMRC Penalties system with MTD
HMRC announce a new penalty model to go with Making Tax Digital HMRC announced earlier in 2017 that it was considering revising the penalty system for late submissions and payments to reflect the [...]
HMRC no longer to accept credit card payments
Withdrawal of HMRC Personal Credit Card Payment in UK Why has HMRC stopped accepting credit card payments less than a month before the self-assessment tax return deadline: Nearly 500,000 [...]
HMRC Card Transaction Programme
What is Card Transaction Programme? The HMRC Card Transaction Programme gives individuals, sole traders, freelancers, landlords, and small businesses, anyone who hasn’t reflected all income [...]