Outsourcing Bookkeeping Services UK & Accounting Services USA

Bookkeeping & Accounting Services

Tax Implications of Business Car Leasing

Business Car Leasing

Before I start on the tax implications of Business car leasing, it is important to understand what is Business car leasing exactly : Leasing a car for business is a financial agreement between a finance provider and a company for a brand-new vehicle for fixed monthly payments. There’s even the option to lease multiple models … Read more

CIS (Construction Industry Scheme) UK Accounting

The Construction Industry Scheme (CIS) UK, contractors deduct money from a subcontractor’s payments and pass it to HM Revenue and Customs (HMRC). The deductions count as advance payments toward the subcontractor’s tax and National Insurance. Contractors must register for the scheme. Subcontractors do not have to register, but deductions are taken from their payments at … Read more

Spring Budget – United Kingdom 2023

Spring budget 2023

The UK Spring Budget 2023 has been released, and it’s important to understand how it will affect your finances. From changes to taxes and benefits to new initiatives and investments, there are several key updates to be aware of. Keep reading to learn more about the latest developments in the UK’s financial landscape. Changes to … Read more

UK bookkeeping outsourcing in india

Bookkeeping Services UK

UK bookkeeping outsourcing in india   How much does it cost to outsource bookkeeping UK?   An accountant performing basic accounting services will usually work for between £10 and £25 per hour. More specialist services, such as tax planning and business planning advice, are usually more expensive, in the region of £30 to £50 per hour … Read more

TAX ON YOUR PERSONAL INCOME IN UK

Statutory Residence Test United Kingdom

Income Tax is a tax you pay on your income. You do not have to pay taxes on all types of income. In the United Kingdom (UK), the tax on your personal income is known as income tax. Income tax is a way for the government to collect money from individuals based on the income … Read more

Do private schools get government funding in the UK

Private schools do not get Government funding in the United Kingdom. While they have to be registered with the Government and get inspected on a regular basis, like any other school, they’re funded by school fees and gifts rather than the Government. Most private schools in the UK have charitable status, allowing them to take … Read more