business
How do you determine year end?
Last day of the month closest to the 53 week mark For example, if you incorporate on November 10, 2017, you would choose the last day of October to be you...
Mar 26, 2026 2 Views
Topics: Business
business
How do you start a legal letter to a client?
When writing a letter to a client, write it directly to the person by stating the person’s name. It can begin with the word “Dear” followed by the person’...
Mar 26, 2026 2 Views
business
Is Abu Dhabi on the UK Corridor list?
The UAE, including Abu Dhabi, is on the UK’s red list, meaning only British or Irish Nationals or those with residence rights in the UK are permitted to e...
Mar 26, 2026 2 Views
business
How do I become a sophisticated investor?
To be considered a sophisticated investor your accountant needs to certify that you: have earned an income of $250,000 or more per annum for the last two ...
Mar 26, 2026 2 Views
business
What are the conditions that should be satisfied to charge a rental Income under the head Income from house property?
The following requirements are to be satisfied for an income to be taxed under the head “Income from house property”: The respective taxpayer must own the...
Mar 26, 2026 2 Views
business
What happens if you live in your own buy to let?
Although it’s not illegal to live in your own buy-to-let property, if you do live in it you will be in breach of your lender’s terms and conditions. If yo...
Mar 26, 2026 2 Views
business
How much should my private pension be?
Take the age you start your pension and halve it. Then put this % of your pre-tax salary into your pension each year until you retire. So someone starting...
Mar 26, 2026 2 Views
business
Do freelancers give invoice?
If you work as a freelancer, you will need to bill your customer for each order or project. An invoice is not only a bill though – it can also be a statem...
Mar 26, 2026 2 Views
business
Are UK scrip dividends taxable?
The SCRIP dividends usually relate to newly created shares rather than pre-existing ones. They are taxed in the same way as cash dividends and should be s...
Mar 26, 2026 2 Views
business
Where can I find my unique taxpayer reference number?
If you’ve already been issued with a UTR number, you can find it on a previous tax return and other documents you’ve received from HMRC, such as a notice ...
Mar 26, 2026 2 Views
