Capital Allowance refers to a rate or monetary amount that can be deducted from a company’s or individual’s tax by owning properties or other valuable assets for use in the business.
This section provides articles discussing different questions related to capital allowance in UK
The number of eCommerce businesses launching in the UK is increasing for various reasons. Here are 7 reasons why accounting for eCommerce companies is challenging and a few other challenges they encounter upon launching.
Employing an accountant is an unquestionable requirement for your business if you have never done such, and for this reason, we have compiled this guide to give you 11 reasons why you should hire an accountant for an online business.
To tackle the rising energy costs that skyrocketed the price of living in the UK, the government has announced on the third of February a package of support in various schemes—energy bills discount, Council Tax rebate, and discretionary funding—worth £9.1 billion for the financial year 2022-23.
You might be wondering what windfall tax is and why it is being imposed in the UK? The answer to this riddle is that a windfall tax is levied against companies deemed to have made excessively high profits, or a ‘windfall’, from circumstances they did not engineer.
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