This category aims to provide readers the most up-to-date news articles on UK taxation and accounting.
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A triplet of changes to pension contributions are being drawn up, including lessening the pensions lifetime allowance from just over £1m to around £800,000. Bringing down this limit has a significant impact, as pension savings are heavily taxed above this allowance
Keeping in view the COVID-19 pandemic atrocities and cash-flow pressure off the businesses, the UK government announced to defer VAT payments. To support the business through the prevalent times, around £33.5bn of VAT payments were deferred between March 20, 2020, and June 30, 2020.
Students can ask for a loan from respective government to bear burden of their academic expenses. But, of course, different terms and conditions apply to these loan policies as they vary according to the amount demanded or according to the academic step.
“The UK government introduced Coronavirus Job Retention Scheme to help the employees during the COVID-19 pandemic.” CJRS implies that an employer should give eighty per
The G7 countries have the richest economies in the world, all of them affected nevertheless by the current global economic issues.
This article features the most important considerations to take a look into when deciding what best accounting software fits one’s business.
This article points out the different types of mostly used eCommerce accounting software this 2022 and why every eCommerce business needs one.
Accounting has always been the lifeblood of many businesses. Here are things every eCommerce business should know about it, including its types, how it differs from bookkeeping, its purpose, the need for an accountant, what financial records to keep, and how long those records should be kept.
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