Introduction Understanding VAT (Value Added Tax) is crucial for opticians to guarantee compliance and optimize financial operations. VAT, a complex yet essential piece of accounting, influences different aspects of an optician’s business. This blog offers an itemized guide on VAT for opticians, covering central issues from compliance to boost of VAT benefits with Accountancy N […]

If you work as a self-employed taxi driver, HMRC require you to file a self-assessment tax return each year. This tax return is used to record your earnings and expenses, and to calculate how much tax you should be paying. If you’re new to being self-employed and haven’t completed a self-assessment tax return before, we […]

The Construction  Industry Scheme (CIS) is a tax deduction scheme in the UK, designed for contractors and subcontractors in the construction sector. The primary aim of the scheme is to reduce tax evasion and ensure that subcontractors pay the appropriate amount of tax on their earnings. At Accountancy N Tax Services, Wallington can help you. […]