Phoenix Debola Accountancy Practice

Accountant | Tax Specialist
Phoenix Debola Accountancy Practice has written 148 posts for Phoenix Debola

New Powers – Companies House

Effective 4 March 2024, Cmpanies House started using its new powers (under the Economic Crime and Corporate Transparency Act) to clean up and improve the integrity of the register. Companies House can now also reject an application to register a name where it has reason to believe: It can also direct companies to change their … Continue reading

Understanding Self-Assessment Tax Returns

Self-assessment is a system of calculating and informing HMRC of the amount of income tax payable in a tax year. Unlike employees whose taxes are automatically deducted through PAYE (Pay As You Earn), those with additional income or business income or other specific circumstances must declare their income and liabilities through a self-assessment tax return. … Continue reading

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