What is Probate, what is will and what is the difference between these two? These are the common questioned asked by people who loved one has died recently.
A will is a legal process of documentation which you write during your lifetime. The purpose of a will is to set to whom you want to inherit your property, money
If you are an entrepreneur, wants to ensure the continual success of your business. But how will you ensure, it’s time to spend money to help you manage your money?
It`s always good to have an experienced professional accountant for advice and assistance when it comes to your business’s finances. An accou
HMRC sends Tax Returns or a notice to collect tax return to everyone in the Self-Assessment system in April of every tax year. Self-assessment is short for the `Self-Assessment tax return`, and is a system of HMRC (HM Revenue and Customs) in the UK for many businesses to collect Income Tax. It covers most income earned in the
An off the shelf company is a limited company or ready-made company that would be registered by a formation agent, but has never traded and is ready to be used immediately. Off the shelf companies are the way company formations used to be done before electronic company formations become the norm. It can be purchased by any peo
Barclays PLC, a British banking and financial services company headquartered in London, United Kingdom registered July 20, 1896, and name Barclay & Co. Ltd. in 1917. It was converted into a public limited company in 1981.
Today, Barclays is multinational inv
In a limited company, tax is deducted from executives` pay rates by means of Pay As You Earn (PAYE) and paid at normal interims to HM Revenue and Customs (HMRC). All chiefs are likewise obliged to finish a tax return unless they got positively no pay or advantages; regardless of whether any tax is owed. If the chiefs are likew
What is VAT?
VAT stands for Value Added Tax and an indirect form of tax. This is introduced by the UK Government in the year 1973; today it is the largest revenue source of the Government. It`s a kind of sales tax on many goods and services in the UK and included in the basic product between the supp
What does SORN mean?
SORN stands for Statutory off Road Notification. It is used to inform the DVLA (Driver and Vehicle Licensing Agency) that you are registering a vehicle as off the road. If you own a vehicle that you have decided not to drive on a public road, you can avoid paying tax and insuranc
If you are working as a limited company, sole traders, self-employed, freelancers and contractors, VAT registered or not in the UK, you have to send invoices to your clients for the services on monthly and weekly basis. This guide explains you about Shareholder’s Agreement & Share Certificate UK
Who is EON?
In the UK E.ON previously known as Powergen, is a large multinational corporation of public energy that supplies throughout the country including electricity and gas to the clients of UK. This is a Germany based company, but serves both USA and UK and in UK from last fifteen years.