BH1 Accounting

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Business insight and opinion

We cover a wide range of topics in our regular insight articles.

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Business owner registering a UK private limited company online
The entrepreneur’s roadmap: registering your limited company in the UK
Considering establishing your business as a private limited company in the UK? This decision marks the...
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tax-deductible party
Are you sure if your employee parties and social functions are tax-deductible?
If you manage your own company as an employer in the UK, you would have hosted employee parties or attended...
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HMRC’s crackdown on undeclared income
Stay Compliant: Navigating HMRC's Crackdown on Undeclared Income
As the number of side hustles in the UK has increased recently, HMRC’s crackdown on undeclared income...
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Guide to VAT registration in the UK outlining when businesses must register, £90,000 turnover threshold, and how to apply through HMRC.
When is it necessary to register your business for VAT?
Organising your tax registrations is a crucial initial step for new business owners. Understanding when...
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Close-up of a brick house with a 'Sold' sign in the window, showcasing real estate sales.
Understanding the concept of principal private residence relief
When selling property, understanding and potentially applying Principal Private Residence Relief (PPR)...
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VAT invoice
What are the essential elements of a VAT invoice?
Whether you’re on the selling or buying end, it’s crucial to ensure that any VAT invoices you issue or...
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