by Mubashir | May 14, 2020 | Accountants for Contractors
If you are an owner of a small business or a startup in London, then you have come to the right place. Here at Accotax, we guarantee that we will make accounting simple for businesses in London. We understand that you need an accounting firm that you can trust, and we...
by Mubashir | Feb 20, 2020 | Accountants for Contractors
It does not matter whether you are global Fortune 500 Corporation or you are a small business with a very thin staff, someone has to run your financial operations in an efficient way to keep the business afloat and keep it from going under because your financial...
by Mubashir | Feb 13, 2020 | Uncategorized
Accounting firms sometimes fail to pick up on what the client wants from them other then solely focusing on tax and compliance because if your core focus is on just those two things then you are jeopardizing more business and missing out on income as well. These days...
by Mubashir | Feb 6, 2020 | Uncategorized
When you look for an accountant or an accountancy firm to sort out the accounting side of your business, you are not just looking for an accountant but a business partner. We say that because the right accountant or an accountancy firm will become an integral part of...
by Mubashir | Feb 6, 2020 | Uncategorized
If you have a small business in London and if you are looking for accountants in London to help you with the accounting side of things then you should look for accountants who have worked with all sorts of businesses including sole traders, startups, landlords, and...
by Mubashir | Feb 6, 2019 | Uncategorized
Based on recent years HMRC will potentially issue at least 1 million late filing penalties. It is important to be ahead of the game in terms of advising clients who have failed to meet the filing obligation and to be able to address disputes with HMRC. Finance...
by Mubashir | Jan 14, 2019 | Uncategorized
Many company owners work from home, this note looks at how you may obtain tax relief on the cost of converting the spare room, or building a deluxe summerhouse to serve as an office in the garden. A director can reclaim any expenses incurred when working from...
by Mubashir | Jan 7, 2019 | LLP
Partnership income is computed for the whole partnership by reference to the various sources of income for each accounting period. However, the legislation also says that for each tax year in which a firm carries on a trade, each partner’s share of the...
by Mubashir | Jan 2, 2019 | Uncategorized
A tax investigation could cost you money even if you’ve done nothing wrong. HMRC FACTS £33 Billion is the estimated tax gap between what HMRC should collect and what it does collect. £17 Billion is attributed to Small Businesses (£14bn) and Individuals (£3bn). Tax and...
by Mubashir | Dec 27, 2018 | Uncategorized
From 1st January 2019, an EU wide change to the VAT place of supply rules will be implemented that will affect MOSS registered businesses who are established in the EU. What is changing? An £8,818 annual threshold (total value, exclusive of...
