Every year a huge amount of money from UK households is left owing to the amount of income and capital gains realized by individuals....

The Confirmation Statement in the UK is a mandatory annual filing requirement for limited companies and Limited Liability Partnerships...

Discover the essentials of the CWF1 form, crucial for UK self-employed registration and Self Assessment setup, in this detailed guide.

With the end of the Brexit transition period, there are changes that businesses subject to VAT must take into account. The changes...

If you live and work abroad but do business in the UK, you may want a bank account that can cover your UK income. You don't always have...

HM Revenue and Customs waived late filing and late payment penalties for self-assessment taxpayers for a month to give them more time to...

If you use a VAT accountant to help you keep track of what you are paying in the tax year, there are many advantages. You can make sure...

Entrepreneurs often do not know which business to act as a sole proprietorship, partnership, or limited liability company. Regardless of...

The HMRC VAT 50/51 form is a critical document used in the UK for businesses seeking to register as a VAT group or to amend their details...

The HMRC has warned traders who ignore or miss the VAT registration requirement that they may receive financial penalties based on a...