Taxes & Compliance

Getting a tax return might feel like getting a Christmas present. As soon as you get your hands on extra money, you can go on a shopping spree, pay off your debt, or save it for the future. But for people who get small refunds, the celebration can be lifeless. This is because most taxpayers […]

It is a value added tax applicable to most goods and services sales that is calculated at 10%. Most businesses registered for GST pass the cost of the tax on to their customers and claim credit for the amount of the GST they paid on their purchases. Learn here when do you need to pay

Self-employment can be a lucrative avenue for individuals who are willing and able to run their small businesses. However, before you jump into self-employment, it’s important to understand the self-employed tax implications in the US. One major area to consider is what tax deductions 2022 you can claim on your taxes. While some expenses are

Tax. There’s no getting away from it. But that doesn’t mean you can’t reduce the amount you’re eligible to pay. Tax relief allows companies to reduce their tax liability by simply offsetting certain business costs. Schemes like Small Business Rate Relief and Allowable Business Expenses have been brought in to help reduce the burden of large financial

VAT, or Value Added Tax, affects all businesses and consumers in the UK because this sales tax applies to goods and services sold. Not only do consumers pay VAT on the purchase of services and items, but businesses are also charged VAT. If you’re running any kind of business in the UK, it’s important to

Paying federal income taxes and filing the necessary paperwork with the Internal Revenue Service (IRS) is a responsibility shared by all wage earners and adults across the country. For the typical person, this is a routine process that typically involves having taxes taken out of each paycheck. For many, the end of the year when