Ecommerce Accountants
VAT registration in the UK Foreign businesses may register for VAT in the UK without the need to form a local company. This is known as non-resident VAT trading. Foreign businesses must register for UK VAT immediately. If they are providing taxable supplies. There is no longer any non-resident VAT registration threshold. EU and non-EU …
Do foreign businesses need to VAT registration in UK? Read More »
Small businesses are base at home. It means the director work from home to run the company. From the tax year of 2013-14 onwards, there was an optional flat rate deduction basis. So that these businesses can claim an amount back for using a room/rooms at home for business purposes. Based on apportioning actual expenses. …
From 1 January 2022, businesses that permanently move goods to Great Britain from other EU countries. It will need to aware that full customs controls will introduce. The New Year onwards, goods entering Britain from within the EU. It will require new customs arrangements. The government plans to phase in further changes later in the …
Capital gains tax (CGT) is a complicate subject. We do cover the main issues, though you to where you may find extra help. The 30-day deadline for the reporting of chargeable gains on UK residential property disposals and payment. The Capital Gains Tax (CGT) has been a challenge for taxpayers. Even for the most straightforward …
This article will help new businesses using Amazon how to print their invoices for their use. For example, their accountant or person use to track expenses. To send the invoice for the buyer it is usually on request. When the product has been bought by a customer on Amazon an invoice can be requested to …
The Kickstart scheme is design to help young people aged 16 to 24, who are on risk of a long term unemployment and universal credit into employment. The government recently launched £2bn Kickstart Scheme. The incentive for businesses who help at-risk young people get back into work. Chancellor Rishi Sunak proposed in his July 2020 …
When you start working for yourself as a sole trader, one of the initial benefits is that you do not have to pay tax as money comes in – unlike the PAYE system, in which employees’ earnings have tax deducted at source. As a self-employed worker, your first tax bill is likely to be due on …
What is payment on account and how to pay your tax bill? Read More »
Step by Step Instructions to create your Government Gateway Account If you’re in the UK and are either self-employed, tax resident, non resident VAT registration, running a business or have to do anything to do with taxes, revenue, or benefit claims, chances are you will need a Government Gateway account. HMRC gateway login ID is …
How do I set up a HMRC Government Gateway account Read More »
In 2022 Dutch VAT returns need to submit via a new Portal. These changes only impact those businesses registered in the Dutch Chamber of Commerce. So foreign VAT registered companies without a permanent establishment are not yet impact. This online portal (Belastingdienst Zakelijk) for amongst others, is for the filling of Dutch VAT returns. The …
The portal for submitting Dutch VAT returns has been updated Read More »
Import VAT reverse charge mechanism will mandatorily declare in the French VAT returns. It will start from January 2022. The French tax authority announced that all import tax payer will be compulsorily declare import goods under reverse charge mechanism. The French VAT return based on the reverse collection mechanism. This means that taxpayers do not need …