Introduction If you’re a small business owner in the UK, you may have opted to use the flat rate VAT scheme to simplify your VAT reporting. Under this scheme, you pay a fixed rate of VAT on your sales, and you don’t need to track the VAT on your purchases Read more…
How to change from a scottish tax resident to a english tax resident after moving to london for work If you have moved to London for work and are now considered a tax resident of England, you will need to update your tax status accordingly. Here are the steps to Read more…
When Markets Collide: Practical Applications and Real-life Examples of Using the Latest Software and Technology Developments Since the release of Mohamed El-Erian’s book ‘When Markets Collide,’ the world has undergone significant changes in technology and software. This has opened up new opportunities for practical applications of the principles and guidelines Read more…
As experts in Scottish landlord legislation, we understand that keeping up with the latest laws and regulations can be a daunting task. That’s why we’re here to provide you with all the information you need to stay compliant and protect your investment. Firstly, it’s important to understand the basics of Read more…
Deregistering from the UK for tax purposes is an important process that needs to be completed correctly to avoid any potential issues. If you are leaving the UK to live in another country permanently, you will need to inform HM Revenue and Customs (HMRC) of your non-UK tax residency status. Read more…
In this article, we’ll provide a detailed breakdown of the P85 form and specific step-by-step details of the information required. What is a P85 form? A P85 form is a form that you need to complete if you’re leaving the UK permanently or for a period of time that’s longer Read more…