National Insurance is a particular tax paid by most workers from the United Kingdom (UK). Curious about it? Keep scrolling and read on to learn more about how National Insurance…
Keeping Accounting Records UK
Record keeping can be pretty hectic because another year also means another accounting period. Because of this, financial and accounting records must be kept with due diligence not only by…
Sole Trader or Limited Company: Pros and Cons
In starting your company, the story generally begins in a one-person business structure. You are accountable for managing account management, marketing and anything related to the services you provide to…
Legal Ways to Reduce VAT
Every business aims to be as tax efficient as possible while staying all legal. These small margins can make huge profits and strengthen your cash flow. VAT is tax customers…
6 Costly & Common VAT Mistakes and How to Avoid Them
VAT is an essential procedure for any business, which brings lots of confusion. There are several technical details and lots of wise decision making. As a result, many businesses and…
Difference Between VAT Return and Tax Return in the UK
There are ‘N’ number of things any company has to consider, but tax management is the most crucial one. Successful returns of tax and VAT are important for any company…