UK business owners must understand all their statutory requirements to remain legally compliant. One of them is the confirmation statement UK, which must be
How much can you earn before paying tax UK? Find out the answers here, as we offer a straightforward approach to taxation in the
The National Living Wage 2024/25 decreased its age threshold from 23 to 21, which was in place since 2016. This significant change brings not
Self-assessment is simply HMRC’s way of getting taxpayers to report their income and pay taxes. The process of registering for and completing this tax
Understanding the list of tax codes and what they mean can be very challenging for small businesses. In many cases, the responsibility usually falls
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
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.
Both contractors and subcontractors working in the construction sector are subject to Construction Industry Scheme CIS, which means they register under the scheme and
Employers often incur extra costs outside salary payments, usually non-cash rewards for employees, which are taxable benefits in kind (BIK).
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.
When buying a property in the UK, stamp duty is a crucial consideration as it can add thousands to the purchase price.
The end of the tax year brings a few certainties. One of them is an important document landing in your inbox or hand. So, what is a P60 exactly? In the UK, it is an official record of the total pay received, and the amount of tax and NICs deducted during that tax year.
The days of crypto anonymity are coming to an end. From January 2026, HMRC will begin receiving automatic data on UK taxpayers’ cryptoasset activities from digital asset platforms around the globe. This is all under a new international agreement known as the Cryptoasset Reporting Framework (CARF).
Almost every employee in the UK is eligible for workplace pensions. It’s mandatory for employers to set their employees for auto enrolment pensions, even if they only have one. This guide is for both, whether looking to strengthen compliance or understand how it affects their paycheck.
The removal of P11D forms, replaced by mandatory payrolling of benefits in kind (BIK) by April 2026, is deferred for 12 months. This was first introduced in January 2024, but with several appeals, HMRC announced on 28 April 2025 that it will delay the implementation in April 2027.
LET’S DO BUSINESS
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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We provide services to our clients based on the principle of honesty, sound knowledge, reliability, and integrity, assuring the best quality and relevant advisory to our clients’ individual and business tax needs.
Monday to Friday:
9:00 AM – 5:00 PM
Citygate House,
246-250 Romford Road,
London, E7 9HZ
Our Locations: Stratford , London, Hounslow, Milton Keynes, Manchester , Glasgow, Bolton
© Legend Financial and Tax Advisers Limited is registered in England and Wales, Registration number: 08103572
