LJS Accounting Services

News & Updates

The latest news from the world of accounting from our experts at LJS Accounting.

What Are the Chances of Being Investigated by HMRC?

HMRC has a large number of tax returns to deal with, and investigating each one would be near impossible (and time-consuming). However, …

What is Limited Liability?

What is limited liability? Limited liability is a type of legal protection for both shareholders and owners which helps prevent individuals from …

What is a VAT Cash Accounting Scheme?

The VAT Cash Accounting Scheme provides a way of reporting VAT based only on the funds you receive against the actual payments …

What Is A Company Tax Return?

A Company Tax Return is a formal document submitted to HMRC. It outlines a company’s taxable profits and other relevant financial information, …

Running a limited company requires hard work, and it can sometimes prove challenging. If you own a limited company, there’s a lot …

Regardless of your position, it can be daunting when you find out that HMRC wants to conduct a tax investigation. HMRC makes …

Do You Pay Corporation Tax on Dividends?

If you’re in the business world, you’ll likely know about dividends. Essentially, dividends are a way of extracting money from your company …

The Tax Responsibilities of a Company Director

Being a company director is a big responsibility, and failing to meet the responsibilities required can have negative consequences. Director duties go …