Contents Understanding the list of tax codes and what they mean can be very challenging for small businesses. In many cases, the responsibility usually falls
Contents Normally, VAT registration threshold applies, but not in the case of traders without UK establishments, who, for VAT purposes, are termed non established taxable
Since 3 June 2024, HMRC launched another one-to-many (OTM) letter campaign, this time specifically aimed at businesses suspected of using till systems to hide or
Contents Currently, a business must register for value-added-tax (VAT) when their total annual turnover reaches the £90,000 VAT threshold, or if they anticipate earning so.
Contents Both contractors and subcontractors working in the construction sector are subject to Construction Industry Scheme CIS, which means they register under the scheme and
Contents Employers often incur extra costs outside salary payments, usually non-cash rewards for employees, which are taxable benefits in kind (BIK). Some of these expenses
Contents Whether to charge VAT on consultancy services or not will be answered in this article. Read on for a brief guide to this indirect tax,
Contents Tax relief working from home reduces a portion of the financial burden incurred for job or business purposes. This works by reducing the taxable income
Contents Understanding the role of personal tax allowance in an individual income tax gives a clearer grasp of how much the taxpayers’ take-home pay and
Contents Do I pay tax if I sell my house? Many homeowners in the UK wonder about this when they decide to sell their homes
Our Experts
Fahad is a Chartered Certified Accountant (ACCA), with a motto “When “why” is clear, “how” is easier”. He is proficient in numeracy and impassioned with giving concise advice to a wide range of clients.
Junaid has been instrumental in the achievement of our success across various regions and he specialises in business management, accounting and tax advisory services.
Faizan is good at providing well-thought-out strategies and solutions to complex problems in Business Development which makes him a proficient overseer of our clients.
The quickest way from A to B is usually a conversation. So, if you want to find out more about how Legend Financial can boost your business, get in touch. We’ll give straight answers so you can make a confident decision, fast.
A useful answer from a business webinar can travel much further than the recording it came from. Someone shares a short clip, a colleague forwards
When the same bookkeeping work returns each month, reusing an old checklist feels efficient. Change the month in the title, clear the ticks and start
Finishing a client track is easier when the business records are as organised as the music session. A clear folder structure helps you identify what
On 18 December 2025, the Bank of England reduced its main interest rate from 4% to 3.75%. This is the lowest level in nearly three years. The
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The quickest way from A to B is usually a conversation. So, if you want to find out more about how Legend Financial can boost your business, get in touch. We’ll give straight answers so you can make a confident decision, fast.
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