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.
Accounting can be a very difficult subject to understand completely; there are a variety of aspects that have to be covered for any business to succeed. all income has to be reported correctly meaning accountancy is even more crucial for a charity. Here’s why if you have a bad accountant, it could be terrible for your charity.