Benefits of cash forecasting services

Taking accounting from compliance to value creation is a key part of our company vision. In 2019 our firm began to provide value-adding services, such as cash-flow forecasting, budgeting, and [...]

VAT thresholds: the latest update

Who is affected by the legislation? Businesses whose turnover, or total EU acquisitions, are close to the existing VAT registration threshold of £85,000. Background: In 2017, The Office for Tax [...]

Personal Allowance: 5 things you need to know

Here are five basic facts about personal allowance that any UK taxpayer should know.   1. What is a personal allowance? Most people in the UK, be they business owners, employees, or [...]

New Office Opening: We’re Q’ing up to Sheffield!

This year has been marked by a continued growth of our business and, consequently, our team.  One exciting outcome of this has been the expansion of Q Accountants to the North, and we are now [...]

Licensed Accountant of the Year 2019 – Farid Gasanov

We are proud to announce that our CEO Farid Gasanov has won the prestigious Licensed Accountant of the Year Award 2019 from the Association of Accounting Technicians (AAT).  The award ceremony [...]

Tax allowable expenses: a guide for the self-employed

There are many business expenses that you, as a self-employed person, can deduct from your tax bill. Such expenses are known as allowable expenses. They include costs you incur solely for the [...]

Q&A on UK Taxation: Holiday Let

Own a property overseas that serves mainly as a summer retreat? Have been considering renting it out for the rest of the season? Or, perhaps, putting it up on Airbnb? Whatever your plan is, it is [...]

Claiming UK Personal Allowance: a guide for non-UK residents

In many countries, people on low wages do not pay any income tax. In the UK, tax residents are entitled to what is called personal allowance – a certain amount of money you are allowed to earn in [...]