All limited companies in the UK are required to file a confirmation statement with Companies House every year, even if no company details have changed. Many business owners in the UK still overlook this obligation or assume it is part of their annual accounts. This can lead to late filing consequences or company strike-off action […]
How to File a Confirmation Statement – Guide for Beginners Read More »
Everything you need to know about the HMRC payslip tax code and why it can allow you to get cash back from HMRC is provided here. Have you ever checked out the tax code on your pay slip? This combination of letters and numbers is the key to knowing how much tax you’re paying on
How To Update HMRC Payslip Tax Code | A Complete Guide Read More »
You may trigger a tax investigation from HMRC if you don’t pay taxes on time, there’s a significant error in your tax returns that need correction or you are involved in tax avoidance and evasion. These things may arouse HMRC to dig deeper into the tax affairs of an individual or a company. Broadly, HMRC
How Long Does a Tax Investigation Take? Read More »
In order to use the HMRC’s digital services, it is mandatory to prove your identity. HMRC will check whether you are an authentic person or not? So, to prove your identity, you are required to go through a “secure entry portal”. The government gateway will provide this portal. Continue reading this blog to know more
Government Gateway User ID – How to Find it? Read More »
Managing your business’s finances can be extremely difficult, and there are numerous opportunities to make inadvertent tax report errors. Business owners and managers who don’t want to end up with a headache in managing finances should run to Cheap Accountants in London to get the job done. If there comes a time when you realise
HMRC Voluntary Disclosure – Your Guide to HMRC Voluntary Disclosure Read More »
There are so many types of taxes that you should be aware of in order to run your business seamlessly. Self-employed people have a double responsibility to run their business and avoid any tax hurdle in the process. In the case of self-employment, income tax is not the only tax you have to worry about.
Here is How Self employed National Insurance Contributions Work Read More »
