(my fund is up since i started investing but i won’t have received any of that interest?) (is it simply a case of selling off your shares? Is their a smart exit strategy to maintain the compound interest growth, or at least try to buffer it by taking out a certain percentage below...
How to calculate your landed costs? Although making an accurate calculation is complicated, it is a crucial step that should not be skipped when you import from China to UK! Landed costs should be based on projected order volumes for your product, rather than the MOQ (minimum order requirement...
Simplified expenses can make it easier to complete your self-assessment tax return. You may be losing out if the flat rate is less than your actual costs. You can use the HMRC simplified expenses checker to calculate which method is likely to be best for you. Simplified expenses don’t cov...
This back-to-basics guide will help you understand what turnover is, when you might use it and how to calculate it. All in just 3 minutes. What is turnover? The Companies Act 2006 defines turnover as: the amounts derived from the provision of goods and services falling within the compa...
As it's once again time to file Self Assessment tax returns, scammers will be targeting the public with more fake 'HMRC' tax refund scam emails and texts than usual. Here's how to spot a fake tax rebate offer.
To calculate your income in sterling pounds, the SLC uses the average exchange rate from the previous year. This helps the organization to determine your loan repayment schedule. If your income changes significantly, you can reapply for assessment. How to repay your U.S. s...
If you need to answer HMRC questions about your tax return, all of this information will prove that you have taken steps to ensure your tax return is accurate. You will need to input all of your key financial information in order for HMRC to calculate the tax chargeable on your earnings....
Statutory Interest for Late Payment Calculating Business Goodwill Planning Dividends Contingent Liabilities Cash Flow Forecasting Historical list UK GDP in £ pounds from 1971 Historical UK Corporation Tax Rates How Marginal Relief is Calculated HMRC PAYE Checks HMRC Time to Pay (TTP) Scheme Liquidity...
HMRC has started acompliance checkinto your company tax return. Making Tax Digital, the UK government’s new scheme that aims to simplify the tax system, started inApril 2019 for VAT registered businesses. While tax is being moved online, it won’t remove the need to keep your own backups...
Owning a physical space to sell your goods will have its challenges, notably property purchase or rental costs and finding the right location, among other things, so it’s in your best interest to be prepared. By using abusiness plan for shops and retail companies, you will put your company...