Landlord Eviction Ban The landlord eviction ban in Scotland was introduced on 7th April 2020 and has been extended multiple times since then. The current eviction ban is in place until at least 31st March 2022. Under the current rules, landlords cannot evict tenants from their properties except in certain Read more…
Investing in the UK property market has always been popular, especially for those looking to invest in rental properties. With the rise of limited companies for property investment, many investors are considering the ‘buy to let house purchase’ option in a limited company structure. In this article, we’ll explore the Read more…
How to Use the HMRC Flat Rate VAT Scheme to Calculate and Pay VAT for Small Businesses The HMRC flat rate VAT scheme is a simplified way for small businesses in the UK to calculate and pay their Value Added Tax (VAT). Instead of keeping track of the VAT on Read more…
Xero and QuickBooks are two of the most popular accounting software options available, and both have a lot to offer small businesses and accountants. However, there are some key differences between the two platforms that are worth considering when choosing the right software for your needs, next we will compare Read more…
When to Register for VAT? According to HM Revenue and Customs (HMRC) guidelines, businesses in the UK are required to register for value-added tax (VAT) if their taxable supplies and acquisitions exceed a certain threshold. This threshold is currently set at £85,000 per year. Businesses that exceed this threshold must Read more…
The July payment on account to HMRC refers to a tax payment that is due in July for certain individuals and businesses in the UK. This payment is a advance payment towards an individual’s or business’s tax liability for the current tax year. Who has to pay the July payment Read more…