

VAT Exemptions | When not to charge VAT
Contents When most items or services are sold, VAT is added to the original deal cost, ordinarily at a pace of 20%. Be that as
Contents When most items or services are sold, VAT is added to the original deal cost, ordinarily at a pace of 20%. Be that as
UK government has extended the furlough scheme until the end of September. Chancellor Rishi Sunak confirmed the extension during his Budget announcement on March 3,
Around 1.5 million small businesses across the UK are getting ready to repay £47bn in Government-backed COVID-19 credit since last week, as the first tranche
Contents Corporation tax is the principal charge that a limited company or enterprise should pay. Corporation tax should be paid both on the company’s profits
British Business Bank introduced the Recovery Loan Scheme on April 6th, 2021 (valid till December 31st, 2021), as a new debt finance scheme to replace
Keeping in view the COVID-19 pandemic atrocities and cash-flow pressure off the businesses, the UK government announced to defer VAT payments. To support the business
In order to show support towards higher education, the UK Government’s Department of Education established Student Loans Company in 1989, in order to facilitate students
Contents A direct tax collected as a source of income from business entities by the government is referred to corporate/corporation tax. Corporation tax is indicted
“The UK government introduced Coronavirus Job Retention Scheme to help the employees during the COVID-19 pandemic.” CJRS implies that an employer should give eighty per
CGT can be an intimidating subject to understand. CGT was first introduced in 1965. Until then capital gains were not subject to tax.
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.
Contents At the heart of every business’ financial stability lies one crucial element, i.e “cash flow”. It is the lifeblood of any successful enterprise that
On 1 April 2013, the Annual Tax on Enveloped Dwellings (ATED) was implemented wherein Non-Natural Persons (NNPs) who have more than £500,000 worth of interest
Contents HMRC’s tax investigations can be expensive, complex, and time-consuming. Even individuals and businesses with a good accounting team feel like they are caught off-guard
Contents If you miss your corporation tax payment deadlines, HMRC will charge interest on the outstanding amount. This interest keeps on accumulating the longer the
Contents Every business encounters losses at some point, but how you tackle them makes all the difference. HMRC offers UK companies relief on corporation tax
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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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