Month: June 2023

In the UK, the terms closing the company and close company are completely different. It has no effect on sole traders or LLP. The only one affected are private limited businesses. Now, you may wonder what is a close company and who are the participators? This guide will help you understand a close company, the […]

You might wonder if it is ideal to loan money to your company. Perhaps the better option is borrowing money from your company through a director’s loan. As a company director, you may have to face this predicament. To understand this, you must know what are the rules when paying back a directors loan.  Before […]

It is exciting that you decided to register your business name. You are taking an important step as it is the first point of contact with your company. It is unique and represents the services a company provides. This article is a guide on how to register a business name in the UK and the […]

We all need financial advice to get by in this complicated world. It helps us protect our assets and feel secure. After all, who does not like a long-term plan for themselves and their beloved family? How can you get strong financial advice? Well, by hiring a financial adviser, of course! Let’s discuss the 10 […]

Nobody likes a hole in their bucket. Especially if that bucket is storing their future life savings. Tax relief is the ultimate end to your pension contributions dripping away to the government as tax. So, let’s discuss how to claim tax relief on pension contributions. Let us give you a complete roundup on the pension […]

Probate is the process of administering the will and estate of someone when he dies. This process involves obtaining a formal grant of probate from the court before selling assets to distribute among the beneficiaries. Now, the question arises, can an executor sell property before probate? Can You Sell the Home of the Deceased Without […]

Property fraud in the UK is increasingly becoming a very serious problem. This problem is causing potentially devastating impacts on individuals and the economy. Different types of fraud and scams include fake identities, multiple properties, complex organised schemes, and individuals falsifying mortgage applications. Let’s discuss the types of property frauds and scams in the United […]

The course of life is unpredictable. There are many reasons for one to sell a home fast, like divorce, financial problems, job relocation, etc. Such pressing motivations force you to sell your home quickly, let’s say, in five days. Let’s find out how to sell your house in 5 days. Is it Possible to Sell […]

If you have the chance to reduce the amount of tax you owe, you will obviously jump on it. We took it upon ourselves to make sure that you know the ways you can make those tax relief claims. Let’s break down how to claim tax relief on Self-Assessment form. Just to give you an […]

There are perks to working from home, and a lot of downsides as well. Let’s discuss the benefits for now. For example, the tax relief you can claim if you work from home. So, what is HMRC Working from Home Allowance? To be clear, tax relief and tax rebates are not one and the same. […]