The world of entrepreneurship is uncertain. There can be exciting highs and daunting lows. As a UK-based entrepreneur or business owner, you have probably worked hard to build your business. So, to exit the same, seems unimaginable! Yet, due to declining profitability, severe health issues, or sometimes to pursue new ventures, you may too have... View Article
If you’ve ever found yourself lost in a maze of confusing terms of taxes and accounting? Well, navigating the complex world of finance often feel like deciphering a cryptic code, but don’t worry. In this blog, we will be demystifying taxes and accounting terms that have compelled you to scratch your head. Whether you’re a... View Article
Investing in the United Kingdom can be a remarkable way to increase your wealth over the long term. Whether you are saving for retirement or aiming to build a nest egg for your future, building a portfolio of investments should be a priority. However, it can be tough for newcomers to the world of investments... View Article
With a rise in online shopping, there is a remarkable increase in e-commerce businesses. According to the Business Data Group report, the United Kingdom is witnessing a tremendous boom in the e-commerce start-up sector. Today, starting an e-commerce business is the best way to keep the overhead costs minimum and achieve a vast customer base.... View Article
The UK government recently announced a new campaign targeting landlords who let properties. The Let Property Campaign is an opportunity for landlords who owe taxes to get up to date with their tax affairs. A landlord who does not take up this opportunity faces significant fines. Are you behind on your UK property tax and need help... View Article
Inheritance tax is the tax on the estate of someone who has expired that includes his/her property, money and other possessions. The standard rate of inheritance tax is 40% but it is applicable only on the value of the estate that is above the tax-free threshold which is currently £325,000. For example if you have... View Article
If you’re living in the UK and you’re a student, there’s one benefit worth learning about and claiming if you’re eligible. It’s the Parents’ Learning Allowance. Parents’ Learning Allowance: What is it? The Parents’ Learning Allowance is a benefit provided by the government of the UK to full-time students who are also parents. The funding... View Article
If you live in the UK and are responsible for the upbringing of a child whose parents have died, so the child isn’t your own child, you may be eligible to get Guardian’s Allowance. You may also find yourself entitled to a Guardian’s Allowance if you’re responsible for the upbringing of a child who isn’t... View Article
The State Pension for individuals who reached the age for State Pension prior to April 6, 2016, consisted of two parts, namely, the fundamental State Pension and State Second Pension (SERPS). Therefore, UK employees who were a part of a well-defined benefit scheme were usually contracted out from paying for the additional State Pension. UK... View Article
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