London Accountants | Nexa Accountants and Taxation Limited - Offer Online Accounting Services like bookkeeping, Taxation, Payroll and many more

October 17, 2018

How much Does It Cost to Set Up a Business in U.K?

While a substantial portion of the existing limited companies is as a consequence of an expansion of small-scale businesses, sole proprietorship and mergers, individuals with the financial arm for funding the startup and running of limited companies choose to establish the industries once and for all. Apparently, a company without history must experience a series […]

October 5, 2018

Post a Comment

How to Save Tax on Trivial Benefits for Employers?

If retaining employees is on your mind or wish to earn their goodwill by providing them incentives, in such a case, you’re not alone as all corporates engage themselves in giving gifts to employees on an increasingly basis. But while providing them such incentives most of the people fail to acknowledge that the incentives being […]

October 4, 2018

Post a Comment

Bookkeeping for Pubs: Every detail you need to Know

The appropriate business system is the first thing which every business owner wants to have in their business for getting the best information out of it. An experienced bookkeeper is the one with whom by getting in touch with you will gain some valuable insight of maintaining an accurate business system. It is the duty […]

September 27, 2018

Post a Comment

Jointly Owned properties-Tax on Rental Income

If the property is owned jointly by two or more people, the manner in which any income is taxed will be subject to the relationship between the owners. Illustrating the situations will explain tax on Rental Income. Situation 1: Unmarried Joint owners or in a civil partnership —Tax on Rental Income Where the property is […]

September 20, 2018

Post a Comment

Tax Code 1185L : Everything you need to know for tax changes 2018/19

Everyone in U.K. is entitled for a tax-free allowance. Tax-free personal allowance means that a specific amount earned by a person every year is paid without being taxed. If 1185L is a tax code of an individual for FY 2018/19, it means their personal allowance is £11,850. This amount is obtained in equal portions by […]

September 19, 2018

Post a Comment

Splitting Business to avoid paying VAT

The UK Government has fixed the registration for VAT threshold at £85,000, which will likely to be in place until 2020. Not perfect if you’re focusing to stay below the VAT limit. With 20% VAT rate many owners are focusing to split their businesses into distinct entities, with every business operating below the VAT threshold. […]

September 18, 2018

1 comment

Which Accounting procedures are required for Travel Agencies?

Travel agencies are usually difficult businesses with variety of product margins and pricing variables. The disciplinary management of cash flow for ensuring appropriate sales and determine potential issues, your balance sheet to understand your assets and liabilities and your income statement to place an eye on profit margins are all crucial for managing a successful […]

September 4, 2018

1 comment

Taxation: All you need to know

Taxation can be an intimidating task for most individuals and companies, the taxation companies act as an agent for HMRC and can communicate to you about any issues to you on them behalf. The tax accountants usually specialize in: • PAYE Like an employer, operate PAYE as a part of your payroll. It is a […]

August 30, 2018

Post a Comment

Allowable Expenses for Self-Employed in UK

Every year in UK, self-employed individuals have to fill out their self-assessment tax return to HMRC, showing their income for the year and the income tax they’re entitled to pay based on that. Part of filling your self-assessment is consisted of finding out your expenses-some of which you can reduce from your tax bill, but […]

August 22, 2018

Post a Comment

Setting Up a Limited Company

Establishing a new business can be tedious which is why several accountants in London place a comprehensive Company Formation Package at an affordable cost. There are several company formation agents in London in and around UK who can assist you. The difference in value added services for most accountants is that they have in-house legal […]