News2024-06-17T11:48:31+00:00

Accountancy Knowledge Hub

At LT Accounting, we recognise that keeping up-to-date with the latest accountancy news and regulatory changes is not merely a requirement—it’s a strategic edge for your UK business. Our knowledge hub is committed to delivering the most current and influential accounting insights, trends, and updates.

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Corporation Quarterly Tax Payments

Taxation|

Staying on top of tax obligations can make or break your business. For UK companies, corporation quarterly tax payments is a big part of this responsibility. Getting a handle on quarterly instalment payments can help your company avoid penalties and keep cash flow steady. This comprehensive guide simplifies the [...]

Influencer’s Guide to Tax on Gifts and Payments in Kind

Taxation|

Navigating tax on gifts and payment in kind responsibilities can be challenging, especially for those in emerging fields like content creation and influencing. Unlike traditional jobs, influencers often receive non-cash compensation such as PR gifts or complimentary services. It's essential to understand the tax implications of these benefits to ensure [...]

UK Tax Rates and Thresholds for Sole Traders, Limited Companies, Partnerships & Employers

Accountancy|

Understanding UK tax can be challenging due to the variety of taxes, tax bands, thresholds, allowances, rates, and relief schemes. This guide aims to provide a comprehensive overview of the tax brackets and rates for the 2023/24 and 2024/25 tax years, explaining how different types of tax might affect your [...]