Fulfilment House Due Diligence Scheme

The Fulfilment House Due Diligence Scheme (FHDDS) is a new regulatory requirement introduced by the UK …

The Threat of AI Deepfake Fraud

Why It’s Time to Rethink Your Online Privacy ?

It's noticed how much more intrusive platforms like Google, Facebook, …

Calculation of Basis Period Reform Transition

The UK’s Basis Period Reform aims to align the taxable reporting period for self-employed individuals …

UK Limited Companies - How to Stop Compulsory Strike Off ? 

Have you received a letter from Companies House notifying you that your company is …

Increase in Employer and National Insurance (NI) Contributions

With the announcement of the 2024 budget, National Insurance (NI) contributions will …

Budget 2024: What you need to know?

Chancellor Rachel Reeves has just announced Labour’s first budget since 2010 from Downing Street. Here are the …

Important update for self-employed individuals and property owners!

HMRC has issued new guidance on 16 October 2024 for working out qualifying …

Verification of Overseas Entities

The Register of Overseas Entities was introduced on 1 August 2022, following reforms in company law aimed at …

Tax Allowances, Tax Reduction, Tax-Free Items

UK tax season is coming, are you ready? Many people have already received notices from HMRC reminding …

What the UK Inheritance Tax Changes Mean for Non-Domiciled Individuals

The UK government is preparing to make sweeping changes to the inheritance …

Reminder to UK taxpayers who need to complete a tax return for the 2023 to 2024 tax year to notify HMRC by 5 October 2024. This can be done by …

Navigating Taxes in the Digital Content Creation World

As a content creator or influencer in the UK, you’re part of a growing industry now worth £19 …

First 100 Days of the new Labour Government

What Should Small Businesses and Taxpayers Expect?

As the first 100 days of the new Labour Government …

Self-Employed Web Design/ Programmer: Do I Need to Pay Taxes?

As a self-employed web designer or programmer, it is crucial to understand the …

What kind of Overseas Entities need to register in the UK ?

On August 1, 2022, the UK enacted the Economic Crime (Transparency and Enforcement) Act …

Tax Tips for Online Store, eCommerce, Online Seller, Amazon, eBay sellers

Sole Trader? Online Seller? Here’s What You Need to Know!

If you’re an …

Statutory Responsibility for Filing Limited Company Accounts

(Including New Rules for Overseas Entities)

As a director, you have a legal …

Companies House Response to ECCT

The New Requirement of Identity Verification & Electronic Filing for Overseas Entities

Recent reforms under the Econ…

Understanding DPNI in the UK - Self-employment or Direct Payment Scheme? 

In the UK, understanding your employment status is critical, not just for …

UK Spring Budget 2024

With the Spring Budget 2024 annoucned earlier, new measures and policies have been revealed, along with their implementation …

Basis Period Reform

Base period reform, which is the switch to a new tax year basis accounting reporting period, from April 2024, if you are a sole …

Companies House Fee Increase for Company Registration

In line with the rising cost of everything, Companies House has dramatically increased the …

What is P6 Tax Code Notice ?

Have you ever received a P6 Tax Code Notice that didn’t make sense? You’re not alone. A P6 notice is issued by HMRC to …

Understanding the Latest Changes to UK Company Law

In an effort to drive confidence in the UK economy and tackle economic crime, Companies House has …

HMRC Notices to Tax Payer for Self Assessment Tax Return 2024

In the past few weeks, many taxpayers have received their notice for the Self …

Streamline Your Finance with Quickbooks Online's New Features

In today's fast-paced business environment, managing finances effectively is crucial …

Update April 2024: Changes to UK Company Law Announced by Companies House

HMRC Tax Agents would have received an update from Companies House …

New National Minimum Wage 

-> Start from 1 April, 2024 <-

The National Minimum Wage (NMW) is the minimum hourly rate that workers of different …

Implications for Directors, Shareholders, and Overseas Businesses

The UK is set to implement significant changes to company law under the Economic …

File Your Tax Online

For The Year Ended 5 April 2023

By 31 January 2024

The UK tax year starts on 6 April and ends on 5 April the following year. If …

Dear customers,

Thank you for your trust and continued support in 2023. We are always committed to providing professional tax services at reasonable …

If you work in the construction industry, understanding the Construction Industry Scheme (CIS) is crucial. This scheme specifically applies to …

Employment = self-employed ???

Am I employed or self-employed?

Whether you are employed, self-employed, both or neither will make a difference to …

When business should register VAT?

Your business has exceeded the VAT registration threshold (new business started this time last year). According …

In today's business landscape, it's essential to be prepared for potential HMRC tax investigations. Here's a comprehensive guide to help small …

Directors are responsible for supervising the activities of the corporation and for making decisions regarding those activities. Officers are …

Give expert tax advice on the complex UK taxation rules, often not the most straight forward. Accounting is one thing, we are expertise in tax …

Some small business owners like to do it all. They like to take charge of everything from inventory to marketing to hiring new people to bring on …

Self Assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax.

Tax is usually deducted automatically from wages, pensions and …

Why You Should Use Online Accounting Software?

Accounting efficiency and accuracy. Real-time data on your company's financial health. Automated …

Virtual Financial Controller

You focus on your business, we handle the rest for you.

Your Outsourced Financial Controller - we take care of …

Hello, there! And thank you for visiting our new blog! 

Here at Elaga Accountancy, we believe in providing our customers with only the best …

We want you to succeed. Your success is our target and we thrive all you have to make this happened. Unlike other accountants, where you are merely …

UKVI's Visa Financial Requirement

Immigration's Financial Requirement

According to UKVI's latest information published on 7 December 2021, in order to …

Making Tax Digital is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top …

Simplify Your Works

We intend to save your time, simplying complicated processes into simple jobs. We use online accounting software which maxmise …

IFA Practising Accountant can Sign Statement of High Net Worth

Financial Conduct Authority (FCA) recognized the Institute of Financial Accountants …

Low Cost Services

Fast and efficient service at low cost

We provide efficient yet comprehensive services and solutions. You need a accountant to …

Best accountant for small businesses and SME in UK. We offer simple and affordable accounting services. Practising member of IFA, IFA is the …