How to stop scope creep Pre-sale preparation for selling a business ACCA at Accountex 2024 PII considerations when buying or selling a practice Changes to the ACCA Rulebook 2024 Tell us what you think HMRC performance Companies House: resources and updates How Companies House will use its ...
What is very notable in the GfC for VAT is the focus on documentation. HMRC will not only expect a business to have rigorous and effective processes and controls, but, essentially, they will expect the business to have documented those controls and processes in a way that demonstrates not onl...
The Forum of Private Business (FPB) is warning entrepreneurs to always make sure they fully update HM Revenue & Customs (HMRC) about any changes to their businesses, no matter how small, after one business received a ￡10,100 fine for not informing inspectors it had changed its name.The fi...
help desk. I have now tried to cancel the VATregistrationas no sales have or will be made for the period (delaying UK rollout). This was declined. They have asked for a letter to mailed to them to challenge the cancellation. I have now also set up a tax reporting software to only fi...
Discover what a UTR number is in the UK, its importance for tax purposes, and how to obtain one for your business.
The article offers information on the move undertaken by the government to avoid problems in the unveiling of the self-assessment tax filing by Her Majesty's Revenue and Customs (HMRC) in Great Britain. To address the issue at hand, it will set up a board of business and accounting experts...
In addition to these financial and legal consequences, ignoring HMRC letters can also damage your reputation as a director. If you are known to be unresponsive to HMRC, it may be difficult to secure loans or other forms of financing for your business. ...
The 45p travel expense is the HMRC mileage rate for business travel using a personal vehicle. This applies to the first 10,000 miles of business travel; anything beyond that is 25p. This per diem can be claimed from the HMRC as a business travel expense when you file your taxes.How ...
Act as a transactional document of record for business reporting purposes (e.g., taxes) Act as a request for a payment, detailing how much the customer owes and the payment terms In this guide, we will cover best practices for setting up your invoices to ensure that they meet business rep...
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