rajibraj 15 January 2023

Understanding PAYE Payment Reference Numbers for the 2023-24 Tax Year

When you send your tax and national insurance payments for Payroll to HMRC, it's important to include a special number. This number helps HMRC know where the payment comes from and which month and year it's for.

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rajibraj 06 March, 2023

Best Accountants in East London: Top 10 Reasons

At Divine Accountants, we take immense pride in our standing as one of the premier accounting firms in East London. Our unwavering commitment to excellence and the exceptional array of services we offer, ranging from cloud bookkeeping to personal self-assessment tax returns, sets us apart from the competition. Our track record of accolades and awards speaks to our dedication to providing top-notch services in the realm of accounting and taxation. Here are the top 10 reasons why Divine Accountants distinguishes itself as the Best Accountants in East London:

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rajibraj 13 October 2023

Essential Tax Dates: A Comprehensive Guide for Limited Companies and Self-Employed Individuals

Managing tax responsibilities is crucial for both limited companies and self-employed individuals to ensure compliance with HM Revenue and Customs (HMRC) regulations. Understanding key tax deadlines is vital for effective planning and timely submissions. Here's an in-depth guide to the important dates for limited companies and self-employed individuals throughout the tax year.

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rajibraj 11 January 2024

Understanding Payments on Account for Self-Employed Individuals

Managing taxes can be a complex task for self-employed individuals. Among the various tax obligations, "Payments on Account" is a crucial aspect that requires attention. Let's delve into what Payments on Account entail and how they affect self-employed individuals.

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rajibraj 11 January 2024

Understanding Tax Allowances for Working from Home

The COVID-19 pandemic brought about a significant shift in work patterns, leading many individuals to work remotely from their homes. The HM Revenue and Customs (HMRC) offers tax relief to employees and the self-employed who work from home. Here's what you need to know about tax allowances for home working:

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rajibraj 11 January 2024

Liquidation vs. Strike off: Understanding the Differences

When a company reaches the end of its lifecycle or faces financial difficulties, business owners might consider closing down operations. Two primary routes for closing a company in the UK are liquidation and strike off.

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