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Understanding the Upcoming Changes to FRS 102

Companies need to know the newest accounting rules and standards in order to stay in line with the law and keep their finances open. An essential change is the impending revision of FRS 102, the UK and Republic of Ireland’s financial reporting standard. In this blog, we’ll talk about the main changes, how they affect… Continue reading Understanding the Upcoming Changes to FRS 102

Essential Liabilities to Confirm When Buying a Business in the UK

When purchasing a business in the UK, it is crucial to undertake thorough due diligence to ensure that you understand the full extent of the liabilities you may be inheriting. This involves confirming various types of liabilities with the seller. Below is a detailed overview of the key liabilities you should investigate: 1. Financial Liabilities… Continue reading Essential Liabilities to Confirm When Buying a Business in the UK

A Comprehensive Overview of Recent Tax Changes

In the ever-evolving landscape of fiscal policies, the recent tax changes have brought forth a multitude of changes. That significantly impacts both businesses and individuals. From permanent alterations to tax relief schemes for businesses to adjustments in income tax thresholds for individuals. The fiscal horizon is undergoing a transformation that demands attention and understanding. In… Continue reading A Comprehensive Overview of Recent Tax Changes

Understanding the Changes in UK Corporate Tax Rates

The UK government announced significant adjustments to corporate tax rates, effective April 1, 2023. These changes will affect businesses of all sizes, requiring tax advisers and business owners alike to study and plan carefully. This blog article will outline the specifics of these changes and discuss crucial planning concerns for businesses in light of the… Continue reading Understanding the Changes in UK Corporate Tax Rates

The Effects of Working From Home on Business Renting in the UK

The rise of remote work has changed the traditional office scene, which has had a big effect on the Business Renting in the UK Businesses are moving toward open work schedules, which has changed the need for office space. This has forced landlords and property owners to change with the times. This blog post will… Continue reading The Effects of Working From Home on Business Renting in the UK

What are environmental taxes and incentives? How can businesses in the UK save money and go green?

Businesses are under a lot of pressure to lower their carbon footprint and use more environmentally friendly methods in today’s world. Going green doesn’t just help the environment, though. It can also save businesses a lot of money and give them financial incentives to do so. In the UK, environmental taxes and benefits are very… Continue reading What are environmental taxes and incentives? How can businesses in the UK save money and go green?

How to Tax Cryptocurrencies: What UK Taxpayers Need to Know

The rise in fame of cryptocurrencies over the past few years has caught the attention of governments all over the world, including the United Kingdom. As digital assets like Bitcoin, Ethereum, and others continue to grow in popularity, it is important for UK people to understand how they affect their taxes. We’ll talk about the… Continue reading How to Tax Cryptocurrencies: What UK Taxpayers Need to Know

How to Set Up a Business in Portugal from the UK, Step by Step

Are you thinking about taking your business from the UK to Portugal? Setting up a business in Portugal can be a smart way to get into new markets and take advantage of chances in the European Union. The competitive tax system, skilled workers, and strategic location of Portugal all make it a good place to… Continue reading How to Set Up a Business in Portugal from the UK, Step by Step

Companies House Fees Increase: Our Analysis on this Move

Companies House just recently said that its fees will be going up starting May 1, 2024. Businesses and accountants have had a range of reactions to this decision, which has led to a lot of debate and talk about what the fee hike means. Fee Increase Details The changes to fees affect many of the… Continue reading Companies House Fees Increase: Our Analysis on this Move

The Spring Budget 2024: Key Insights and Analysis

The chancellor gave his last spring budget before the election. It included changes to the tax system that are meant to make it easier to understand, more fair, more in line with changes in the economy, and better able to support public funds. Again, we need to have a number of talks, and more details… Continue reading The Spring Budget 2024: Key Insights and Analysis