Dhara Tuvar

In the complex world of UK taxes, the term "Benefit in Kind" (BIK) is crucial for both employers and employees. This article aims to simplify BIK, explaining what it means, giving examples, and...

Setting up a private limited company (Ltd) can offer many benefits, such as limited liability and potential tax advantages. However, it's equally important to consider the potential downsides to...

Filing your Self Assessment tax return in the UK might seem daunting at first, but with the right approach and some handy tips, it can become a manageable task. Whether you’re a freelancer...

Are you struggling to keep your small business’s finances in order? Do you find yourself buried in paperwork, drowning in numbers, and stressing over tax deadlines? You’re not alone. Many small...

Contractor accountants play a pivotal role in the financial management of contractors in the UK. From IT consultants to freelance writers, contractors operate in diverse fields, contributing to...

With the Autumn Budget 2024 around the corner, speculation about potential tax changes is gaining momentum. With potential changes that could affect your take-home pay, business profits, and future...

What is Business Insurance UK?Business insurance, often overlooked by many, is a fundamental necessity for entrepreneurs and business owners in the United Kingdom. In simple terms, business insurance...

Buying a car through a limited company can offer attractive benefits, especially for business owners looking to reduce tax liabilities and manage costs more effectively. From tax breaks to capital...

When it comes to contractor work in the UK, the IR35 legislation can significantly affect your income, tax obligations, and the overall financial structure of your business. Contractors working...

Capital Gains Tax (CGT) is a tax you pay on the profit you make when you sell or dispose of an asset that has increased in value. Whether it’s property, shares, or cryptocurrency, understanding your...

In the world of finance, two essential documents provide a comprehensive snapshot of a company’s financial health: the Balance Sheet and the Profit and Loss Account. In the United Kingdom, these...

At GoForma, we have created a comprehensive UK VAT registration guide to assist businesses in navigating the process with ease. Our guide provides valuable insights and step-by-step instructions to...

Corporation Tax is an integral part of operating a business in the United Kingdom. It is a tax levied on a company’s profits, including trading profits, investment profits, and capital gains...

Corporation tax is a crucial aspect of financial management for businesses in the United Kingdom. This article aims to demystify the concept of corporation tax, providing a clear understanding of its...

Cryptocurrencies have revolutionised the financial world, offering investors exciting opportunities. However, with great opportunities come responsibilities — especially in the UK, where crypto...