Tel: 0161 272 0527 Mob: 07584 176 724 | Email: info@northwoodaccountancy.co.uk
Every government all gets money to finance operations from various sources. One area that brings more cash taxing existing corporations. The corporate tax, which a company must pay on taxable amount, goes to the central kitty. In United Kingdom, news circulating is that this levy...
The UK left the European Union on 31st January 2020. After this exit, business continued as usual during this transition period until 1st January 2021 when new rules and regulations were put in place. Once these changes were put into effect, businesses had to make...
There are a series of tax changes that are scheduled to take place in 2021 that can affect businesses and/or individuals. It is essential that you know what these amendments are to avoid getting penalized. If you are wondering how will UK taxes change in...
The HMRC uses self assessment to calculate tax on income. In most instances, tax is automatically deducted from salary, pension and savings. However, if you have another source of income, you need to declare it and send this return once a year. If you are...
Tax investigations in your business are more likely to happen if the HMRC and HM revenue suspects that your tax returns are not accurate. The process is usually stressful, and when you find you are in such circumstances, take expert advice unless you are 100...
As a result of Corona Virus, a lot of businesses have experienced financial havoc. This has left many companies struggling. Whichever way your business has been affected, it is important to have a strategy in place, so that when things start returning to normalcy, you...
The European Union has now accepted and approved the request of the United Kingdom to extend the exit deadline to the 31st of January in 2020. If there is no agreement set up and the deadline arrives, then the United Kingdom will have to exit...
Companies and businesses are among the sectors that are affected by the process of leaving the European Union by the United Kingdom. However, the various industries involved have adopted some of fundamental mechanisms and approaches. In that regard, the following article answers the question: how...
With the Departure from the EU by Britain It has created shock and some are concerned about what all this means in terms of the financial status of the U. K. And other Countries in the E. U. For now the process of complete departure...
Introspection and reflection time is important for anyone because it allows one to take a backseat and assess his or her life and make improvements. So if anyone were to ask themselves, do I need to do a self assessment? The answer is yes as...