Tax
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 whoās died. Thereās 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]