Category: Business and Accountancy Blog

inventory valuation
when is a gift not a gift in UK tax law
Nov 14

Accountants for Dropshippers

Accountants for Dropshipping Businesses: Work with accountants who understands your business. We know the dropshipping model inside and out. See how we can help your dropshipping business today. What is dropshipping? Dropshipping is a retail fulfillment method where a store doesn’t keep the products it sells in stock. Instead, when a store sells a product […]
'Bounce back loans' – help for small businesses
when a gift is not a gift: gift aid and tax
Oct 31

When is a gift not a gift?

The art of Charitable Giving and Gift Aid Tax In general terms a ‘gift’ is something freely given, with no expectation of anything in return. If something is received in return, either contractually or as a reciprocal benefit, the ‘gift’ is not actually a gift. In the context of charitable giving the Gift Aid rules […]
have you paid enough tax to cover your gift aid donations
Oct 29

UK Government New JSS

New Job Support Scheme I hope you are well and keeping safe during this outbreak. As you are aware that JRS (furlough scheme) will be finishing from 31 October 2020 which is why the government has announced numerous schemes to avoid mass redundancies. One of that schemes is Job support scheme (JSS), which is slightly different for a business which […]