by Shoaib Aslam | Mar 31, 2021 | Accounting, Financial Advice
This article is intended to provide information and a general understanding. It should not be considered financial or legal advice. Please consult with your accountant regarding your particular VAT scenario to ensure you are in compliance with all the latest VAT... 
by Shoaib Aslam | Feb 17, 2021 | Accounting, Financial Advice, Technology
If you have employees then, by law, you need to “run payroll” every time you pay those employees. So, if you pay employees every week, then you need to run payroll every week. (And if you pay them daily then you would need to run it daily!) Payroll is a complicated... 
by Shoaib Aslam | Feb 3, 2021 | Accounting, Financial Advice, Small Business Advice, Startup Advice
Cloud-based accounting has revolutionised the way freelancers and small businesses do their bookkeeping, accounting and year-end taxes. Over the years, these tools have grown so sophisticated that many costly accounting functions of the past are now within the hands... 
by Shoaib Aslam | Jan 27, 2021 | Accounting, Financial Advice, Small Business Advice, Startup Advice
The UK left the EU on 31 January 2020 and the transition period officially ended on 31 December 2020. In other words, Brexit is done — but not necessarily dusted. Confusion about how to proceed abounds, and a Withdrawal Agreement that runs to several hundred pages... 
by Shoaib Aslam | Jan 20, 2021 | Accounting, Financial Advice, Small Business Advice, Startup Advice
HMRC’s Making Tax Digital rollout for VAT submissions began on 1 April 2019, forcing businesses with a turnover of £85,000+ per annum to submit their VAT returns via approved-only, cloud-compliant software. Whereas SMEs were previously able to submit their VAT returns... 
by Shoaib Aslam | Jan 12, 2021 | Accounting, Financial Advice, Small Business Advice, Tax
Brits were devastated on Monday night as Number 10 announced an unprecedented third national lockdown, including the mass closure of schools, universities (with only a few exceptions), “non-essential” shops, leisure venues, entertainment venues, pubs, and restaurants....
Which Business Expenses Are Tax-Deductible in the UK?April 15, 2021
How Does the New 130% Super-Deduction Scheme Work?April 7, 2021
What Are the New VAT Rules for UK to EU Sales after Brexit?March 31, 2021
What Is FinTech and Why Is It So Popular?March 17, 2021
