education
Can I pay VAT quarterly?
The VAT annual accounting scheme allows you to pay your VAT bills every month, rather than every quarter. It’s designed for businesses which struggle to p...
Category: Education
education
Can you give someone your annual leave?
If you are an employee who is entitled to annual leave, you can take any, or part of any, annual leave owing, with your employer’s permission. Your employ...
education
How can I work in Saudi Arabia?
There are different types of visa, including a tourist visa, but you will need an employment visa if you want to work in Saudi Arabia. You will need to ge...
education
Can I be registered self-employed and employed?
Yes. You can be employed and self-employed at the same time. This would usually be the case if you were doing two jobs. For example, if you work for yours...
education
How do tax liabilities arise?
Deferred tax liability commonly arises when in depreciating fixed assets, recognizing revenues and valuing inventories. Because these differences are temp...
education
How do I propose a redundancy?
If, after period of consultation, you are proposing to issue a notice of redundancy to an employee, then you should do the following: Send a letter to the...
education
Is Swedish citizenship easy to get?
Luckily, there are a few ways to become a Swedish citizen. The best and easiest option is to apply for legitimization, if you’re eligible. Alternatively, ...
education
What happens when a partner retires from a firm?
On retirement of the partner, the reconstituted firm continues and the retiring partner is to be paid his dues in terms of Section 37 of the Partnership A...
education
Do I have to register for making tax digital for VAT?
You must sign up for ‘Making Tax Digital for VAT ‘ if your taxable turnover is more than £85,000, so you can: keep digital records. submit your business’s...
education
What causes the accountant to be unhappy?
Poor chances of promotion, not enough pay and unsatisfactory management are the key reasons, according to a survey by accounting recruiter Richard Lloyd. ...
education
How much is HMRC worth?
£605.8 billion record total revenues. How does HMRC value a company? Unrestricted Market Value (UMV), which values all the shares as if they had no restri...
education
Are loan notes subject to capital gains tax?
QCBs are exempt from Capital Gains Tax while non QCB’s incur CGT, and losses are allowable. Can loan notes be sold? Loan notes can be transferred if the t...
education
Do you pay VAT on houseboats?
Houseboats are always zero-rated. So if your boat is classified as a houseboat and you have no means of propulsion (engine), nor any easy way of fitting o...
