Limited Company Guide 2023
A Beginner Guide For Limited Companies We receive a lot of inquiries from potential clients regarding the formation of a limited company and whether if it is worthy of tax purposes. There are some pros and cons of setting up a limited company. Disclaimer: We generally assess the cases individually and advise the clients according […]
What lesson can learn from Mr Nadim Zahawi?
The importance of ethics and accountability in one’s professional life. Mr. Nadhim Zahawi, a successful businessman with a net worth of £100 million, was appointed as Conservative Party Chairman. However, he was recently sacked by Prime Minister Rishi Sunak due to a serious ethical breach in the ministerial code. The breach was related to a […]
Landlord accountant
Accounting Challenges for Landlords: As a landlord, you are probably facing multiple challenges due to the higher interest rate, tougher government regulation on landlords in regard to tenant’s rights, and restrictions on claiming on mortgage interest expenses. Furthermore, the capital gain tax cut in Autumn Budget 2022 has made it very painful for landlords to […]
Autumn Budget 2022: All the key changes in taxation
As UK is still in the process of recovering from Brexit and the covid-19 pandemic the country is facing an acute economic challenges due to the cost of living crisis led by the Russia-Ukraine war. The chancellor has unveiled his final Autumn Budget 2022 to overcome the economic turmoil due to high inflation, and lower […]
Black History Month: An Inspirational Story of a Black Successful Accountant in The UK
Black History Month (Part 2): An Inspirational Story of a Black Successful Accountant in the UK “He was the first black man at the firm. Because he was black, they held a vote to ask all employees whether he should be allowed to work there. All the gentlemen – including some of the partners and […]
Mini-budget analysis: How to save money on your tax bill
The United Kingdom is currently facing a recession due to the cost of living crisis, soaring inflation, and climbing interest rates. As the economy is slowing down, the new government has set up a mini-budget as a part of the government’s growth plan of achieving 2.5% economic grow rate. The announcement of the budget by […]