With the constant ongoing debate on ‘seven working policy’ between Health Secretary Jeremy Hunt and the GPs, anyone can assume that this battle will not settle easily. As the government seven day policy has been
Property Developer
Four Common Accounting Mistakes to Avoid
If you have to name one part that your business, mostly tend to make mistakes at, you would probably say it is the accounting section. As accounting mistakes can range from minor to major ones,
Top Three Causes of Cash Flow Problems
A cash flow problem can be very difficult to live with. It is still a significant challenge that a large number of businesses face today. So, what are the factors that cause cash flow problems
Top Three Legal Ways to Avoid Inheritance Tax Bill
If your estate (property or possessions) is worth more than £325,000 (Inheritance Tax Threshold) when you die, then you are required to pay Inheritance Tax (IHT). Despite this fact, there are some ways which you
Tax: Overpayments & Underpayments
Whether you’re employed or you get a pension, it is the duty of HM Revenue and Customs (HMRC) to check if you’ve paid the right amount of tax or not. HMRC may post you a
How to Manage Your Payroll?
Are you having payroll problems? If you are, then you should quickly solve it before it is too late. As the success of your business depends on smooth running payroll, you need to make sure
Corporation Tax Penalties
If your company is liable for Corporation Tax, you are required to complete, submit and pay correct tax returns to HM Revenue and Customs (HMRC) on time. If you don’t do so, then you may
Impact of Summer Budget on Dental Professionals
The summer budget was announced by the Chancellor, George Osborne on 8 July 2015. The changes brought by this budget have some impact on dentists and dental practices. Annual Investment Allowance (AIA) Before the announcement,
Tax Reliefs
Tax relief is the reduction in amount of tax that is to be paid by an individual or a company entity. When you use your own money for travelling or buying things for your job,
VAT Registration
If your business’s VAT taxable turnover is more than £82,000 (the threshold), registering for VAT with HM Revenue & Customs (HMRC) is mandatory. When you register, you will receive a VAT registration certificate. From the
An Overview on Expenses & Benefits Offered By Employers
If you’re an employer and offer expenses or benefits to employees, then you need to inform and submit tax forms at the end of the tax year to HM Revenue and Customs (HMRC) for each
Announcements of Summer Budget 2015
On Wednesday 8 July 2015, the Chancellor of Exchequer, George Osborne gave his Summer Budget to Parliament. The key announcements of this budget are: From 2016, a new National Living Wage of £7.20 per hour