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Difference Between FRS 102 & FRS 105 – An Essential Guide
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Accountants in the UK serving small and miniaturized scale elements ought to at this point know about the change to FRS 102 Section 1A and FRS 105 for accounting periods starting on or after first January 2016. Read this essential guide with DNS Accountants.
Should I charge interest on money I lend to my own limited company?
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It might be that sooner or later you have to get money from your limited company, also called a directors credit. It ought to be noticed that an overdrawn company account is dealt with for tax purposes precisely the same as a director’s advance.
HMRC Fraud Reporting - Tax Evasion
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Report tax evasion and fraud - You can report speculated tax evasion and fraud including people, businesses, and tax preparers to the Tax Department, it is speedy, simple, and private. Figure out how to report a tax evasion or fraud in UK. Report a business or your employer to HMRC if you believe they're dodging tax.
UK Tax Calculator - The Salary Calculator
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How much tax you pay? Utilize DNS Accountants free and basic tax calculator to appraise your monthly take-home, yearly earnings and substantially more!
What is subsistence allowance? - Travel and Benefits
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Subsistence stipend definition, cash given ahead of time to another officer, representative, and so on. To purchase sustenance, attire, and pay for different necessities while anticipating a first pay. See more.
What Is A Director's Loan Accountant? - DNS Accountants
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If you have quite recently begun up a limited company, the director's loan account can be one of the trickiest limited company ideas to get your head around. Find out more with DNS Accountants.
HMRC VAT Visit Inspection & Preparation - DNS Accountants
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VAT inspection by HM Revenue and Customs (HMRC) are a standard piece of running a limited company and commonly happen once every 4-6 years. This article talks about how to get ready and what's in store when HMRC lead a VAT inspection.
UK Income Tax Calculator - Take-Home tax calculator
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Income tax calculator - Utilize this straightforward, precise tax calculator to work out the amount you will be paid. This calculator now incorporates the new tax rates for the 2017-2018 tax years.
Complete Guide to Directors Loan Account – DNS Accountants
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Directors Loan Account (DLA) is a reports and record of the considerable number of exchanges between the director and the company beside the salary, dividends, loan reimbursement and dividends.
VAT flat rate scheme from 1 April 2017 - DNS Accountants
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The New Flat Rate VAT Scheme 2017: Will the new 16.5% rate influence you? Significant changes for businesses that utilization the VAT Flat Rate Scheme will produce results from first April 2017. This is expected to evacuate the open door for temporary workers specifically to make solid surpluses from the scheme.
Quickfile Review - Accounting Software Reviews
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A review of our most recent accounting and bookkeeping software, QuickFile. Unbelievably easy to use with receipt filtering, bank labeling, proficient invoicing and significantly more!
How to Claim Wear and Tear Allowance - DNS Accountants by consuela Timofte Via Flickr: www.dnsassociates.co.uk/blog/wear-and-tear-allowance
How to make Corporation Tax Payment | DNS Accountants
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How do I pay HMRC? We explain the main ways of paying HMRC for VAT, corporation Tax and Self-Assessment. Get in touch with DNS Accountants.
Xero Reviews | Small Business Accounting Software Reviews
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Online accounting software made for your small or medium-sized business. Log in anytime, anywhere. Explore easy invoicing, bookkeeping and more. Start your free trial today with DNS Accountants.
Registering as a self-employed subcontractor in Construction
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If your business is in the construction industry, or you do construction related work, you may need to enlist with HMRC as a contractor or subcontractor under the Construction Industry Scheme (CIS). A contractor, known as the fundamental contractor, is somebody who utilizes another contractor to complete work for them.
Tax Free Allowance 2017/2018 - DNS Accountants
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For the present tax year, 6 April 2017 to 5 April 2018, the standard personal allowance is £11500, which is totally tax-free. Find out more with #DNSAccountants