by tombdaly | May 25, 2022 | Uncategorized
Tax season is the time of the year when you hear the whole world sigh. We understand that no person enjoys filing the taxes, even if they have professionals to handle their taxes. Fines and penalties are very common especially in Scotland, often due to unintentional...
by tombdaly | May 25, 2022 | Uncategorized
Most of the businesses these days are grappling with Making Tax Digital, and many conventions are being turned over their heads. Nonetheless, there are some age-old rules for filing your tax returns that have stood the test of time and knowing them always helps you....
by tombdaly | May 2, 2022 | Uncategorized
Accounting is a specialized field. It takes years for someone to become a professional accountant and even then, there is no limit to the further qualifications and the level of experience one can obtain. When you are running a small business there are many accounting...
by tombdaly | Apr 18, 2022 | Uncategorized
Mortgages for Self Empoyed Getting a mortgage as a self-employed person can be a bit more challenging compared to a person who is an employee in a company or in another business establishment. The finance company or the bank giving you the mortgage needs to make sure...
by tombdaly | Apr 6, 2022 | Uncategorized
What business expenses can you claim or can’t claim on tax? Your business may have several running expenses. These are operational expenses necessary for the survival of your business and hence, many of these expenses can be claimed when you’re filing your tax...
by tombdaly | Mar 2, 2022 | Uncategorized
Regardless of their turnover, all VAT registered businesses must submit their VAT returns digitally from 1s April 2022. According to the previous guidelines, many businesses were under the impression that only those businesses whose taxable turnover met or exceeded...