Are you someone who works independently in the UK, like a freelancer or contractor? It’s great to have the freedom to manage your own time and work, isn’t it? But there’s a tricky part to this independence: handling your taxes. It can be a bit overwhelming, and if you’re not careful, you might end up […]
Stop Overpaying! Common Tax Mistakes Freelancers & Contractors Make in the UK Read More »
The role of a Company Secretary in the United Kingdom is pivotal in ensuring that a company complies with its legal obligations, maintains accurate records, and operates efficiently. From maintaining statutory registers to filing annual reports, a Company Secretary’s expertise is indispensable. In this comprehensive guide, we’ll delve into the responsibilities, benefits, and importance of
Get Your Annual Report Done Right & Fast: The Power of a Company Secretary Read More »
In today’s digital age, remote working has become the norm for many Londoners. Whether you’re a seasoned freelancer or a small business owner running operations online, understanding the tax implications is crucial for both employers and employees. This guide aims to simplify the complex world of taxes for self-employed individuals, freelancers, and small online businesses
Tax Implications of Remote Working for London Employees in 2024 Read More »
As the deadline for filing Self Assessment tax returns approaches, cryptoasset users find themselves navigating through the complexities of tax regulations, ensuring compliance with the HMRC. In this guide, we’ll explore essential advice for cryptoasset users to streamline the process and avoid penalties before the looming deadline. Understanding HMRC Tax Penalties on Crypto Tax :
Self Assessment Tax Return Advice for Cryptoasset Users Before the Deadline Read More »
The Spring Budget, delivered by Chancellor Jeremy Hunt on March 6, 2024, outlined the government’s plans for tax reform and public spending. This explainer focuses on two key changes relevant to employers and employees: National Insurance contributions (NICs) and the High Income Child Benefit Charge. Lower National Insurance Contributions (NICs) The government announced a reduction
Spring Budget 2024: Key Changes for Employers and Employees (UK) Read More »
Getting married is a momentous occasion filled with love, commitment, and, believe it or not, potential tax benefits! While financial considerations shouldn’t be the primary driver for marriage, understanding the available tax breaks can be helpful for couples planning their future together. This guide explores the tax benefits associated with marriage in the UK, focusing
Tax Benefits of Marriage in the UK: Understanding What Applies to You Read More »
Property taxes are an inevitable aspect of homeownership in London, and while they may seem straightforward, many Londoners often make mistakes when it comes to managing them. From overlooking exemptions to misunderstanding assessment processes, these errors can lead to unnecessary expenses and headaches. In this guide, we’ll find the ten most common mistakes Londoners make
10 Mistakes Londoners Make with Their Property Taxes Read More »
Are you using fluorinated gases (F-Gases) in your business? If so, you’re not alone. These versatile gases are used in refrigeration, air conditioning, fire suppression, and various other applications. However, due to their potent greenhouse effect, regulations exist to monitor and control their use. This is where your F-Gas report comes in. F gases, including
F Gas Auditing: Submit your Report Before the Deadline, Avoid Fines Read More »
Running a successful business in London requires more than just a goal, it demands a keen eye on financial health and strategic planning. In this article, we will explore the key indicators that suggest your business is on the right track and how partnering with accountants and tax advisors, such as BS Associates, can contribute
Check 5 Signs Your London Business is on the Right Track Read More »
As concerns about climate change intensify, governments worldwide are taking significant steps to reduce the environmental impact of various industries. In the United Kingdom, the regulation of fluorinated gases (F-Gases) plays a crucial role in these efforts. These gases, commonly used in refrigeration, air conditioning, and other industries, are potent contributors to global warming when