If you are already running a business, then you may have gone through a merger or acquisition. They are transactions that help scale your business. However, if you are not familiar with this terminology, then do not worry. This guide will cover everything about a merger and its various types. It will help answer all […]
Around 20 million people could have forgotten money sitting in ‘lost’ bank accounts, savings accounts, pensions and investments, totalling an estimated £50bn. That’s according to asset tracing service Gretel. The table below shows how much unclaimed or lost money is held in each financial product, and the number of people estimated to be affected. Financial […]
The history of money traces back to ancient times, reflecting the evolution of human civilization and its need for a medium of exchange. Its journey is a fascinating tale that spans thousands of years, encompassing various forms, from primitive barter systems to intricate financial instruments. Understanding this journey provides crucial insights into the fundamental concept […]
Setting up a limited company is a complex matter. If you want to form one for property investment, then you should consider all the factors. Make sure you know what you are getting into and that this is the right choice for your business. You will encounter numerous issues, but also benefit from the advantages […]
If you decide to close your limited company that owes debts to HMRC, then you must deal with a complex situation. When it comes to business, any unpaid debts that you owe to HMRC are a foreboding prospect. As the owner of the company, you will end up facing extremely stressful and wide-reaching repercussions of […]
Investing in real estate can be a lucrative venture, but it often comes with substantial costs such as the Stamp Duty Land Tax (SDLT). However, there’s a lesser-known strategy that can help you maximize your savings when buying six or more residential properties in a single transaction. In this blog, we’ll delve into the concept […]
Capital allowances are a fundamental aspect of the United Kingdom’s tax system, providing businesses with a valuable opportunity for tax relief. These allowances enable companies to deduct the cost of specific assets from their profits before calculating their tax liability. In this comprehensive guide, we will delve into the world of capital allowances, exploring various […]
As a first-time buyer, you might consider buying a house that requires renovation, since it is a tempting prospect. In fact, even experienced investors are interested in fixer uppers. Indeed, there are plenty of advantages to such type of properties. This guide covers everything you must consider before buying a rundown house. When it comes […]
As a property business owner or entrepreneur in the UK, understanding the intricacies of property tax compliance is crucial to ensure the success and profitability of your ventures. Failing to comply with the relevant tax regulations can lead to financial penalties, loss of reputation, and even legal repercussions. In this article, we will explore some […]
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