Explore 5 bookkeeping software for sole traders in the UK. Compare features, pricing, and get expert help with setup and ongoing support.| Heighten Accountants
Learn what Entrepreneurs’ Relief is, who qualifies, the £1m limit, & how to claim this capital gains tax break for UK business owners.| Heighten Accountants
Value-Added Tax (VAT) is a consumption tax applied on most of the goods and services sold in the UK. Currently, the standard rate is set at 20%, along| Heighten Accountants
Capital Gains Tax isn't a one-size-fits-all. It comes into play when specific individuals profit from the sale or disposal of certain assets.| Heighten Accountants
Wondering how to get a tax rebate? This guide explains who’s eligible, how to claim, what documents you need, and how to avoid missing out| Heighten Accountants
Are you working too hard for too little reward? Helping you become a Happy Business Owner by managing your business accounting.| Heighten Accountants
Explore the list of tax codes and what they mean in UK. Understand PAYE codes, avoid errors, & ensure accurate payroll.| Heighten Accountants
Does a limited company have to be VAT registered? Discover VAT thresholds, legal requirements, and when your UK company must register for VAT.| Heighten Accountants
As a self-employed professional individual, managing your own finances can make you feel a bit overwhelmed sometimes. Whether you are a freelancer, sole trader, or an independent contractor, it is crucial to keep accurate financial records. This guide will breakdown all the basics of tracking your income, managing expenses and staying HMRC compliant. Why does […] The post Self Employed Bookkeeping Basics: A Beginner’s Guide appeared first on Heighten Accountants.| Heighten Accountants
In the UK, it is a general rule that as a landlord, you are only taxed on your net rental profits rather than your total rental earnings. You can calculate your net rental profits through this formula: Net Rental Profit = Gross Rental Income – Allowable Expenses It is crucial to know exactly which costs […] The post Allowable Expenses for Landlords: What You Can Claim Against Rental Income appeared first on Heighten Accountants.| Heighten Accountants
If you are a landlord in the UK, and are thinking about selling your property, an essential part of this process includes assessing the Capital Gains Tax (CGT) applied to your sale. CGT is calculated only on the Profit made from selling your property, not on the full sale price. Due to this, it is […] The post Landlord Capital Gains Tax Explained appeared first on Heighten Accountants.| Heighten Accountants
This guide explains what counts as taxable income, what deductions you can claim & how to stay compliant with HMRC for rental income tax.| Heighten Accountants
Best Property Accountants for Property Investors and Landlords to Help Them Achieve Happiness Effortlessly manage your accounting needs with your| Heighten Accountants
A practical guide to understanding what Inheritance Tax is and how to reduce inheritance tax liability for your family.| Heighten Accountants
Mortgage interest relief refers to deductible mortgage interest costs from taxable income, which helps lower the overall tax liability.| Heighten Accountants
Request a call with us We'd like to learn a bit more about you before scheduling a call. Please take a moment to complete the following questions,| Heighten Accountants