AccuTrust Chartered Accountants

12/06/2026

07/06/2026

27/05/2026

31/10/2024

https://acassist.co.uk/taxation-of-crypto-currencies/?fbclid=IwY2xjawGQesxleHRuA2FlbQIxMQABHS-bH7AqB0a3fU3-QzgXdZNQWma4pw64urU8ns4IdkQXvA8ibcbnyQB7QQ_aem_lqvoNRJjRNUcTRHEmNCJ9g

As an accountancy company in Welwyn Garden City, we are often asked about cryptocurrencies and how they play a role in the tax system. To help answer you’re questions, I’ve put together a short guide that hopefully helps answer any questions you have. Cryptocurrencies amount to investing activit...

10/03/2024

14/01/2024

Which accountant would you choose? A Chartered Certified Accountant or an Unqualified Individual.

06/01/2024

Which structure is best for your new business, see the main differences below.

1)A sole trader is taxed as an individual and pays income tax on their business profits, which can range from 20% to 45% depending on their income level.

2)A limited company is its own body and taxed separately from its shareholders and directors and pays corporation tax on its profits, which is 25% for businesses with profits of £250,000 or 19% for profits up to £50,000.

3)A limited company’s shareholders and directors must also pay personal income tax and national insurance contributions on any salary or dividends they extract from the business.

4)If you are sole trader, you have less paperwork and filing obligations, but you also have more risk for your assets. If you have a company, you have more paperwork and filing obligations, but you also have more protection for your assets.