If you’ve received a ‘notice to complete’ a tax return from HMRC, it’s crucial to understand that this is a statutory requirement. Even if you believe you don’t need to file a tax return, you must still submit it to HMRC or request the withdrawal of...
In an era marked by rapid change, small businesses across the UK are encountering a host of challenges, as well as many opportunities, as they are navigating the future. From economic fluctuations to the imperative of digital transformation, the landscape of 2024...
Is the Annual Accounting Scheme Right for Your Business? If you’re a VAT-registered business in the UK, you usually submit VAT returns and payments to HM Revenue and Customs four times a year. But there’s another option called the Annual Accounting Scheme,...
Maintaining a strong financial foundation is crucial to achieving long-term success and key to this is keeping your accounts in perfect order. Bookkeeping is more than just a mundane administrative task; it’s a strategic investment in your business’s...
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