News & Press

It is coming around to that time of year….yes, Tax Return Season (I bet you thought I was going to say Bonfire Night, New Year or indeed Christmas). In the tax profession, all these events are welcome distractions to the pending deadline that...

A typical situation exists where a foreign ecommerce company needs to segment its payment processing in order to protect its ability to collect money from its clients. Reasons for doing so vary:Spreading the chargeback risks across a number...

The New Enterprise Allowance provides money and support to those starting up or growing their business, and are getting certain benefits.Which benefits do I need to be getting to be eligible for New Enterprise Allowance?To be eligible to need...

Wisteria can now offer a supportive  probate service, without the need for a lawyer. This reduces time and cost for the individual requiring the service.Wisteria Chartered Accountants, based in North West London are pleased to announce the...

Cloud technology is transforming the way we do business. In the past few years, companies across the globe have been switching to cloud computing as a way to reduce costs and improve key business processes. A real game changer was cloud...

I am asked this question every week. The answer is not so simple since the term “audit” is often used generically to mean a number of things. Do you mean:Prepare accounts; orHave the independent accountant carry out a review and deliver a...

Coming into effect on 31st January 2023, being on the Register of Overseas Entities (“ROE”) is a legal requirement for all non-UK entities who own land or property within the UK. This initiative falls under the new Economic Crime...

Tax Deductible Expenses for Landlords When you let out a property, there will be inevitable items of expenses which are incurred. It is important to understand / know which of these items will be deductible against your rental income for the...

The Flat Rate Scheme (FRS) for VAT is a much more simplified version of the normal VAT Scheme. The basic principles of the FRS are that you charge VAT on your sales as normal, but that when it comes to calculating your VAT payable to HMRC,...

One of the most important considerations when incorporating a new company is to fulfill the necessary tax requirements. For this reason tax consultants play a vital role in ensuring that their clients are paying the correct but lowest amount...

Public companies must have a suitably qualified company secretary; however, it is currently optional for private companies to appoint one. This being said, private companies may be obliged to appoint a company secretary if it is outlined...

The way that you are required to report your payroll information is changing - are you up to speed with the new requirements set by HMRC?What is changing?The current system requires businesses to submit annual reports to HMRC regarding their...