Michael Burris

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A Brief Guide to UK VAT for Businesses

Outline Introduction Understanding VAT in the UK Who Needs to Register for VAT? Understanding Different VAT Rates in the UK Exempt Supplies, International Sales, and their VAT Treatment VAT Registration Process and Requirements Obligations Related to VAT Returns and How to Fulfill Them Calculating Input and Output VAT Correctly Voluntary Deregistration for VAT Purposes Importance […]

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Self-Assessment Tax Return guide for 2024

Outline Introduction Understanding Self Assessment Tax Returns The Complete Self-Assessment Tax Return Checklist for 2024 Benefits of Using an Accountant for Your Self Assessment Tax Returns Understanding and Optimizing Tax Reliefs and Allowances in Your Tax Return Common Mistakes to Avoid in Your Self Assessment Tax Return Conclusion FAQs (Frequently Asked Questions) ​ Introduction Navigating

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The Ultimate Guide to Tax Allowable Expenses for Self Employed

Outline Introduction HMRC Guidelines A Comprehensive Look at Different Categories of Tax Allowable Expenses 1.  Office Cost2. Travel Cost3. Clothing Expenses4. Staff Cost5. Financial Cost6. Cost of Business Premises7. Advertising and Marketing8. Training Courses Understanding Capital Allowances for Business Assets Utilizing Simplified Expenses for Ease and Convenience 1- Vehicle2- Working from Home3- Living on Business

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The Ultimate Guide to Construction Industry Scheme (CIS) in the UK

Outline Introduction Understanding the Construction Industry Scheme (CIS) What are the Responsibilities of Contractors & Subcontractors? What are the Types of Work Covered by CIS? How Does the Construction Industry Scheme (CIS) Work? The Mechanics of CIS: A Step-by-Step Guide 1. Registering for CIS2. Key Requirements for CIS Registration3. Tax Deduction Rates Important Aspect of

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The Essential Guide to E-commerce Accounting

Outline What is E-commerce Accounting? The Importance of E-commerce Accountants Critical Aspects of E-commerce Accounting VAT Management Inventory Tracking Financial Reporting and Compliance Choosing the Right E-commerce Accountant Expertise in E-commerce Accounting Understanding of E-commerce Business Models Familiarity with E-commerce Accounting Software Benefits of Hiring an E-commerce Accountant Learn about the critical aspects of e-commerce

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