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.
Bookkeeping for Beginners: A Comprehensive Guide
Bookkeeping is a fundamental aspect of managing any business, regardless of its size or industry. It involves the systematic recording, organising, and managing of financial transactions. For beginners, bookkeeping might seem overwhelming, but with a clear understanding of its principles and practices, anyone can grasp the essentials. This guide aims [...]
Unlocking Efficiency and Accuracy with Hubdoc
Meet Your New Best Friend, Hubdoc! In the fast-paced world of business, managing finances can feel like juggling flaming torches. But what if there was a tool that could make your accounting processes not only simpler but also more efficient and accurate? Enter Hubdoc, the superhero of document management and [...]
What is a Company Shareholder?
Hello, dear business enthusiasts! Are you ready to dive headfirst into the fascinating world of company shareholders? Whether you're a seasoned investor or just dipping your toes into the murky waters of stocks and shares, this blog post is here to enlighten you. Let's journey through the labyrinth of shareholder [...]
Your Ultimate Guide to the 1257L Tax Code
Welcome to our comprehensive guide on the 1257L tax code! If you're scratching your head at those mysterious numbers on your payslip, you've come to the right place. We're going to break it down for you in a friendly, humorous way, ensuring you leave with a smile and a clear [...]
How to Reduce Tax on Your Holiday Let Rental
Are you a holiday let owner looking to keep more of your hard-earned money? Well, you've landed on the right page! Owning a holiday rental can be incredibly rewarding, but let's be honest—taxation can feel like a never-ending series of hurdles. Fear not! We’re here to turn that hurdle into [...]
What is the VAT Reverse Charge?
Navigating the labyrinth of VAT regulations can feel like herding cats, especially when it comes to the VAT Reverse Charge. This quirky mechanism flips the script on how VAT is typically collected and can leave many scratching their heads. But fear not! We’re diving into the nitty-gritty of the VAT [...]