What is Community Investment Tax Relief (CITR)?
Community Investment Tax Relief is a fantastic initiative that allows individuals and companies to invest in eligible community organisations and receive tax relief in return....
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What is an Audit Exemption?
In this guide, we will dive into details about what is an audit exemption. We will explore the concept of audit exemption and how it...
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How Much Does Employers’ Liability Insurance Cost?
Any business owner needs to understand employers liability insurance, it provides coverage for claims made by employees who have suffered injuries or illnesses as a...
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The Importance of Accounting in The Healthcare Industry
Let's dive in and talk about why is accounting important in healthcare. In the ever-evolving field of healthcare, managing finances is no easy task. Healthcare...
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What are Pensionable Earnings and How Do I Calculate them?
Wondering about what are pensionable earnings? In the UK, pensionable earnings refer to the types of income that are taken into account when calculating the...
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What is Parent Learning Allowance?
This discussion revolves around the financial support provided to parents in the form of parent learning allowance, who are pursuing higher education. The Parents' Learning...
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What is Innovator Founder Visa?
In this guide, we will kick off this discussion by talking about the Innovator Founder Visa. This visa opens up incredible opportunities for ambitious entrepreneurs...
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Do Cosmetic Clinics have to Pay VAT?
Are you a cosmetic clinic owner wondering whether you have to pay VAT on your services? Then this blog is for you. When you're employed...
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What is a P14 Form?
If you are looking for a guide on the P14 form, this guide is based on a discussion of everything that will answer your basic...
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What is MTD for Self Assessment?
Making Tax Digital (MTD) for Self-Assessment is an initiative introduced by HM Revenue and Customs (HMRC) in the UK to modernise the tax system and...
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What Does Tax Code 500T Means?
If you are wondering about tax codes in the UK or a specific Tax Code 500T, you are on the right page and we will...
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Will Inheritance Tax be Abolished and What Might Replace it?
Are you worried about abolishing inheritance tax in the UK? This guide will help to dive into the topic of abolishing the Inheritance Tax (IHT)....
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How to Change Phone Number on Government Gateway?
If you're interested in learning about how to change phone number on government gateway details with HMRC or updating bank information, it's a pretty straightforward...
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How to Read Micro Company Accounts?
Are you associated with the business world and running your micro company? You must be aware of how to read micro-company accounts. In this guide,...
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What is an LP10 Letter and How to Get it?
Are you looking for more information on the LP10 or the Lorimer letter? Read this blog till the end. The LP10 letter was introduced first...
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What is the Mortgage Interest Restriction in the UK?
Are you a landlord wondering how the Mortgage Interest Restriction (MIR) affects your taxes? Read this blog till the end. MIR is a policy that...
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Annual Pension Allowance: How It Works?
The Annual Pension Allowance is one of the most confusing terms. People are generally not sure what it means, let alone its implications. But don’t...
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What are Tax-Advantaged Share Schemes in the UK?
Tax-advantaged share schemes have become popular for businesses in the UK. These schemes incentivize employees with tax benefits to purchase shares in the company. But...
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What is Attendance Allowance and its Eligibility Criteria?
If you have a severe disability in the UK, you may be eligible for the attendance allowance. But what is the attendance allowance, and how...
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Does a Second Hand Van Qualify for AIA?
Let's dive into the discussion of whether a second-hand vans qualify for AIA or not. Then, we will shift gears and explore how AIA works...
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