19 Jun, 2021 03:56 PM
Three Ongoing Government Support Available for Small Businesses

If you are one of those small businesses in the UK and you have been

Once again, to boost small and medium-sized business health in the UK, the government has availed three new support measures: Help to Grow Scheme, Restart Grant, and Recovery Loan Scheme. These schemes are aimed to help SMEs boost productivity, acquire digital

Admin Category: Business Advice,
17 Jun, 2021 03:16 PM
Cryptocurrency Tax In The UK

Find Out All the Details on How Cryptocurrency Is Taxed in the UK

Cryptocurrency has been one of the most hyped topics in the financial market amid the COVID pandemic. Just a few years back, crypto was all about Bitcoin, but now the digital currency market has evolved and revolutionized into something much

Admin Category: Corporation Tax,
10 Jun, 2021 03:20 PM
How Can A Company Pay Its Director With A Gross Salary ?

Find out how you can pay yourself a salary as a director through your limited

As a self-employed individual, starting a limited company is often a sensible choice for self-employed workers, it will give you a lot of freedom that you require and it will also give you chance to pay yourself an amount of

Admin Category: Company Formation, Payroll,
05 Jun, 2021 10:50 AM
Self-Employment Support Scheme (SEISS): Fifth Grant

Apply for the fifth grant under the Self Employed Income Support Scheme (SEISS) covering May

The Self-employed people and members of a partnership that have seen a drop in earnings will be able to claim a final grant from the Self-Employment Income Support Scheme (SEISS) this year. The Government has published guidance on the fifth

Admin Category: Business Advice,
02 Jun, 2021 10:13 AM
Trademarking a Company: Know From The Start

Trademarking your company provides you essential legal protection by securing your business’s name and your

Registering a trademark is one of the most effective and efficient ways you can protect your business’s name, brand, and work. Regarding intellectual property protection, there’s not much that can beat registering a trademark correctly. Many new business owners struggle

Admin Category: Business Advice, Company Formation,
21 May, 2021 10:55 AM
New Covid-19 Business Recovery Loan Scheme

The Recovery Loan Scheme gives access to finance for UK businesses as they grow and

The UK government has announced a new government-backed loan scheme, aimed at supporting UK businesses as they recover from the economic impact of the COVID-19 pandemic.  What is the COVID-19 Recovery Loan Scheme? The Recovery Loan Scheme is to help businesses of

Admin Category: Business Advice,
08 May, 2021 10:51 AM
How Small Businesses Can Reduce Their Operating Costs

It does not take much of an effort or time to reduce costs in your

Mid-year is an adequate time to step back and look carefully at our business practices in order to reduce the likelihood that you will run into cash flow problems in the future. Such practice makes more room for money to

Admin Category: Business Advice,
24 Nov, 2020 03:48 PM
A Startup Guide For Contractors

Starting off as a contractor or a self-employed individual gives you flexibility and multiple other

If you come across the idea of conducting your work at your own terms and have the freedom of working through contracting services, then you need to understand how to start and what should be your initial steps.  Setting up on

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18 Nov, 2020 02:40 PM
Everything You Need to Know About Capital Gains Tax

The blog covers different areas of Capital Gains Tax (CGT) and provides you with suitable

Taj Accountants, your accounts and taxation service provider in East London has come up with all the multi-dimensional perspectives on Capital Gains Tax (CGT). On our way to filing tax and providing consultancy regarding taxation, we have come across a

Admin Category: Corporation Tax,
10 Nov, 2020 02:14 PM
How to Write a Business Plan

An essential guide to writing a successful business plan.

A business plan defines what you aim to achieve and how you are going to achieve it. The plan identifies the market opportunity, showcases how your business stands out from others and outlines the strategies to ensure success. So, a

Admin Category: Business Plan,
23 Oct, 2020 10:35 AM
Award Winning Software for an Award Winning Accountant in London

BTC Software Brought the Best Solution for their Clients by Ensuring Top Notch Support

If you surround yourself with successful accompanies, you will most likely be walking on the road of success too. Mr. Abul Hyat Nurujjaman firmly believes in choosing the best partners and the best solutions in order to be successful.  Holding

Admin Category: News and PR,
12 Oct, 2020 11:16 AM
Companies House to Resume Compulsory Strike off Process

From 10 October, HMRC has begun striking off companies that they believe are no longer

In response to the global pandemic, HMRC has taken temporary flexible measures which have been considered under monthly review. From 10th of October (Saturday), the measure of suspending compulsory strike off action has risen.  Meaning, HMRC has resumed the process to

Admin Category: Penalties and Deadlines,
05 Oct, 2020 10:11 AM
6 Tax Aspects to Consider When Selling a Business

Here’s what you need to know when selling or closing your business and how to

While reading the news you may come across a lot of stories about businesses being sold. But why do people sell the businesses that they put so much effort into? Well, they do it when they see the potential value

Admin Category: Business Advice,
02 Oct, 2020 11:00 AM
UK Dividends and Tax on Dividends for the 2020/21 Tax Year

This blog describes how ‘dividend’ in the UK works and how much tax you have

For any corporation, the amount of funding gets as high as the shareholders of your company start investing by buying shares. As the investment gets higher, you tend to earn more profit and you tend to distribute it amongst the

Admin Category: Corporation Tax,
30 Sep, 2020 10:52 AM
Pension Contributions: How Can You Contribute Through Your Limited Company?

Pension contributions, being one of the remaining tax breaks available to limited companies, allow you

As a limited company owner, contributions to pension can bring you and your employees some advantages. Pension contributions can be considered as an allowable business expense also, it can be offset against your company’s corporation tax bill. Based on the government’s

Admin Category: Business Advice,
28 Sep, 2020 10:45 AM
Furlough Replacement: How Is Furlough Changing?

Rishi Sunak has officially announced the replacement of the Furlough Scheme.

The Chancellor, Rishi Sunak has made an announcement on Thursday which states what happens after the furlough scheme expires at the end of this October. In his announcement, he confirmed a Job Support Scheme(JSS) will be forthcoming. Sunak is also looking

Admin Category: Payroll,
24 Sep, 2020 10:21 AM
Simplified Expenses For Self-Employed Individuals

A guide which aims to help self-employed individuals regarding how to use Simplified Expenses

As a freelancer or self-employed individual, you have more to consider than the average employee as the process can get complicated and arduous for you. Being a self-employed individual, managing everything in your business by yourself can be tough sometimes.

Admin Category: Business Advice,
21 Sep, 2020 03:02 PM
Benchmarking Your Business: Definition, Significance and Strategies

By following the 9 steps you can successfully Benchmark your business.

Taj Accountants stands high among the renowned small business accountants  in London for offering outstanding accounting and taxation services and advice to corporates, as well as individuals. Our leading firm is always eager to offer advice to our clients and

Admin Category: Business Advice,
15 Sep, 2020 02:49 PM
Are You Paying the Right Amount for Your Income Tax and National

Know all the basics regarding Income Tax and National Insurance before paying them off.

As an employee, every year you have to pay Income Tax and National Insurance on your wages through the PAYE system. In the UK, Income-tax is levied on several types of earnings such as; salaries or wages, interest on securities,

Admin Category: Business Advice,
11 Sep, 2020 02:18 PM
VAT on Delivery Charges in the UK: VAT Rates, Rules and Exemptions

Find out how you can charge VAT while you’re delivering goods under different circumstances.

With the COVID-19 pandemic everyone is locked up in their houses and unable to go out without an emergency. Due to the isolated situation, travelling is decreasing while digital subscription services are increasing to another level. Considering the situation, a

Admin Category: VAT,
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