blog - UK Accountants | Nexa Accountants and Taxation Experts

March 29, 2019

Advantages & Disadvantages of Partnership

The partnership has lots to offer when people enter into a partnership business. There are several drawbacks too. One of the most common forms of running a business in the U.K is entering into a partnership business. It is a partnership where two or more people unite together to form a business. Undoubtedly, they do […]

March 14, 2019

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PMP Pay slips

Do you wish to know how much you’ll be paid and how often as an employee? Well, look no further, all you need is to get a detailed written statement from your employer which is known as PMP Pay slips. These payslips are an HMRC mandate followed by all the employers to issue their employees […]

February 25, 2019

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Say No to 0870

Is dialing a phone number which starts from 0870 digging a hole in your pocket? Looking for an alternative to the costly numbers which start from 0870, 0845, 03, 05, 070/076, 080, 083/4, 0871, 09, 116 and 118 & 0844? Not to worry more as by reading this article will help you how to say […]

January 9, 2019

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Accountants in Bournemouth

Renowned since a decade in the UK, we are a well-respected and distinguished firm of ACAs and Chartered Accountants (CA) in Bournemouth providing a numerous variety of services to businesses and contractors/freelancers. Through our Bournemouth office, we have established a various range of contacts which encloses professional and commercial businesses. As Bournemouth Accountants, our team […]

December 28, 2018

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Claim Your Office New Year Party as a Business Expense

Planning for your office New Year party? Many things must be in your mind on what to arrange for in the New Year party—food, drinks, and dance floor. Well, have you made up the office staff list in attendance? That’s a good approach to start with. After all, planning for food and drink items entails […]

December 24, 2018

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Tax Implications on Christmas Gift for Customers and Staff

Do you know customer and staff Christmas gifts which comes into the category of entertaining doesn’t incur any taxes? Isn’t great news? Exactly, as a general rule expenses incurred by a business in offering entertainment or employee gifts are not tax deductible. However, tax law does offer a number of exceptions to this where the […]

December 17, 2018

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My Christmas party costs me £160 per head: What to do now?

The Christmas festivity is in full spirits and you must be planning to throw a Christmas party to all your employees, isn’t it? What if you found that your Christmas party is landing you upto £160 per head? Worried, what to do? Just relax! As we are here to relieve all your worries as we […]

December 10, 2018

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What are allowable expenses and how can you claim tax relief on them?

Are you aware of certain business expenses which are entitled to tax relief? This is particularly true when you’re in a small business. You may be the only individual in your team, which means there’s no source of knowledge to move to when you’re required to know something. Don’t worry—we’re here to help you. Computing […]

November 2, 2018

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What are 0345 Numbers? 0345 Mobile Call Charges – Are They Free?

What are 0345 Numbers? Many large-scale businesses in the United Kingdom use 0345 numbers which are non-geographic numbers, although special and popular numbers that cannot be related to any geographical area in the UK. At present, the 0345 number prefix is amongst the most commonly used numbers of 03 Type. 0345 numbers are the variation […]

October 31, 2018

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EORI Number: A passport for trading in & outside UK

“Traders operating outside European Union should have EORI number for trading in UK and traders trading goods with countries outside the European Union should also have an EORI number” What does EORI mean? Businesses engaged in importing and exporting of goods outside the UK domicile needs to carry an EORI number (Economic Operator Registration and […]