Tax on property, money and shares that you inherit

January 5, 2023

You do not usually owe any tax on an inheritance at the time you inherit it. Inheritance Tax The personal representative (an executor or administrator) for the estate usually pays any Inheritance Tax due before giving you the inheritance. HM...[Read More]

Charging, reclaiming and recording VAT

October 19, 2022

As a VAT-registered business, you must chargeĀ VATĀ on the goods and services you sell. You must beĀ registered forĀ VATĀ to start chargingĀ VATĀ on your invoices. This guide is also availableĀ in Welsh (Cymraeg). How to chargeĀ VAT When you sell...[Read More]

How inheritance tax works

September 15, 2022

Inheritance Tax is a tax on the estate (the property, money and possessions) of someone whoā€™s died. Thereā€™s normally no Inheritance Tax to pay if either: theĀ value of your estateĀ is below the Ā£325,000 threshold you leave everything above...[Read More]

Tax on property, money and shares you inherit

August 11, 2022

You do not usually owe any tax on an inheritance at the time you inherit it. Inheritance Tax The personal representative (an executor or administrator) for the estate usually pays any Inheritance Tax due before giving you the inheritance. HM...[Read More]

Reasons to hire a bookkeeper

July 21, 2022

Bookkeeping is an essential component of any organisation. To focus on other tasks, such as marketing, attending client meetings and completing customer orders, you could sometimes end up putting bookkeeping on the back burner. Although prioritising...[Read More]