How to avoid a late filing penalty?
How to avoid a late filing penalty? When you are running a business, filing of income tax return is very important as per regulations. Although many businesses do make proper preparation of income tax returns, they just fail to do it before the given duration. If your business is operating in the UK, then you […]
What VAT Scheme Suits Your Business Best?
What VAT Scheme suits best for your business? Value-added tax (VAT) is one of the tedious and complicated tax regimes that every business has to follow. If your business has taxable turnover exceeding the threshold limit of £ 85,000 or is likely to exceed, VAT registration is compulsory. You can even opt for VAT registration […]