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Claiming Business Expenses for Different Industries: What UK Businesses Can Deduct
In the UK, claiming business expenses correctly can have a significant impact on your company’s profitability. Understanding what expenses you can and cannot claim enables you to...
How to Avoid 40 Tax UK: 5 Legal Strategies for Healthcare & Construction Professionals
In the UK, knowing how to avoid 40 tax UK can make a big difference for diligent workers in the construction and healthcare industries who frequently rely...
How to Pay Less Tax in the UK: 7 Legal Strategies You Can Use
Everyone likes to pay as little tax as possible, and the good news is that you don’t have to pay more tax. If you’re wondering how to...
A Beginner’s Guide to Year End Accounts for UK Businesses
Year end accounts are crucial for limited companies in the UK. These accounts record an entity’s transactions and operations throughout the financial year, providing a comprehensive financial...
Is Recording Income and Expenses Enough for Small Business Bookkeeping?
Small Business Bookkeeping may seem as easy as keeping track of what comes in and what goes out when you’re managing a small business. Because keeping track...
What Is P60 Form – And Why It Matters for Both Employees and Employers
Managing your finances and adhering to the law require an understanding of your income and taxes. A crucial document that aids in this process is the P60...
Accounting vs Bookkeeping: What’s Best for Your Small Business Right Now?
One of the most common points of confusion? Understanding the real difference in accounting vs bookkeeping, and deciding whether you need one, the other, or both. Although...
What Is a P800 Form? A Complete Guide for UK Employees
A tax calculation known as a P800 form is sent by HMRC to let you know if you overpaid or underpaid income tax during the tax year....
Second Payment on Account Deadline: What UK Self-Employed Must Know About Tax & NI
The deadline for second payment due on account is July 31st, which is a crucial date that self-employed people in the UK cannot afford to miss. A...
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