Capital gains tax (CGT) is payable when you sell an asset that has increased in value since you bought it. The rate varies based on several factors, such as your income and size of gain. For residential property, it maybe 18% or 28% of the gain (not the total sale price).
- Portfolio management
- Property management
- Self Assessments
- Tax Planning
Inheritance tax (IHT) is the tax on the estate, which is passed on due to the owner being deceased. The estate includes the property, money and possessions. This transfer rate was created on the 18th of March 1986. Working hard all your life being taxed, just to pay taxes after death. It is a tough […]
When a business owner receives a notice stating that their tax return or their business is going to be audited, the first thing they should do is seek professional tax advice. This is common for all types of people; when they receive collection letters, they should get professional tax advice. Many issues can arise as a result of a failed tax payment.
Bookkeeping your SME may seem like an easy task. Bookkeepers play a crucial role when it comes to bookkeeping your SME. Bookkeeping can be done in many ways such as collecting, organising and taking note of invoices. If you are a small to medium enterprise this guide will help you with why you need bookkeeping.
Bookkeeping can be defined as how a company or organization keeps track of any financial transactions. Let’s be honest you probably knew that already. Whether you are a trained bookkeeper who is an online bookkeeper or not you could be making any one or multiple of these bookkeeping mistakes.
When it comes to start-ups, there are many reasons why they aren’t successful. Start-ups are risky and need a lot of attention as there are lots to think about. If you are planning to start your own start-ups then, read on to find more about how start-ups fail. Reasons why start-ups fail Your product is […]
Starting your own business can be an exciting yet nerve-wracking journey. There are many components that contribute to preparing the launch of a brand. Before delving into any entrepreneur venture, it is important to get to grips with the fundamentals. Continue to read and we will provide you with a step by step guide on how to start your own business from scratch.
When it comes to the financial aspect of your company, it is helpful to set up a business bank account so that all the money coming in and out of your business is accounted for. It can get confusing to merge your personal account with your business income and outgoings. Read on to find out everything you need to know about Business Bank Accounts.
As a property owner, there are a variety of different accountancy services that you need to be aware of. You need to keep track of all rent received and all expenses (landscaping, maintenance, etc.) which can be difficult to wrap your head around. Today we’re going to help you wrap your head around it.
Bookkeeping is a key part of accounting. While it’s integral for many large businesses, it’s also an important part of accounting for freelancers and start-ups. There are many pitfalls and issues that can occur from this important part of accounting, but today you’ll be able to find out how to avoid these issues.