Category: Business

Tax Digital UK

What is Making Tax Digital (MTD) UK? Simple Guide for Businesses

What is Making Tax Digital (MTD)? Making Tax Digital (MTD) is a UK government initiative introduced by HM Revenue & Customs to modernise the tax system. It requires businesses and individuals to: Keep digital records Use approved accounting software Submit tax updates online In simple terms: MTD replaces paper-based and manual tax processes with a […]
Read more
self payroll services

MTD ITSA Penalties Explained: What UK Self-Employed Taxpayers Must Know

MTD ITSA penalties explained: penalties apply when self-employed individuals and landlords fail to meet Making Tax Digital for Income Tax Self Assessment (MTD ITSA) requirements, including late submissions and late tax payments. These penalties matter because they can increase tax costs and compliance risk. MTD ITSA affects UK sole traders and landlords with qualifying income […]
Read more
Preparing for MTD ITSA deadlines

Preparing for MTD ITSA Deadlines in 2026: A Practical Action Plan by BNA Consulting London

The UK tax system is entering its most significant digital transformation yet. With Making Tax Digital for Income Tax Self Assessment (MTD ITSA) becoming mandatory for millions of taxpayers from April 2026, individuals and businesses must act now. Preparing for MTD ITSA deadlines is no longer optional—it is essential for compliance, accuracy, and financial control. […]
Read more
vat on professional services

Understanding VAT on Professional Services: Expert Guidance from BNA Consulting

When it comes to managing business finances, one area that often confuses is VAT on professional services. Whether you’re a start-up, sole trader, or established business in the UK, understanding your obligations under VAT law is essential for remaining compliant and avoiding costly penalties. At BNA Consulting, we specialise in demystifying complex tax matters, offering […]
Read more

Top 5 Benefits of Working with a Russian Speaking Accountant in London – BNA Consulting Insight

In today’s diverse financial landscape, having the right support can make all the difference. For Russian-speaking individuals and businesses in London, working with a Russian speaking accountant in London can provide invaluable advantages. At BNA Consulting, we understand the unique challenges you face, and we are here to help you navigate them with ease. Here […]
Read more

From VAT to Payroll: How BNA Consulting Assists Russian-Speaking Businesses in London

In the bustling metropolis of London, Russian-speaking businesses face unique challenges when it comes to managing their finances. Navigating the complexities of VAT, payroll, and annual accounts can be daunting, especially for entrepreneurs who may not be familiar with the UK’s financial landscape. At BNA Consulting, we understand these concerns and are dedicated to providing […]
Read more

How BNA Consulting Assists Contractors with UTR Number Online Applications

Navigating the world of tax can feel overwhelming, especially when you’re a contractor trying to get your Unique Taxpayer Reference (UTR) number. At BNA Consulting, we’re here to simplify the UTR number online application process for you, making it as straightforward and stress-free as possible. What is a UTR Number? A UTR number is a […]
Read more
reliable bookkeeping service

Choosing BNA Consulting for Self Payroll Services: A Smart Investment for Small Businesses

In today’s competitive landscape, small businesses face numerous challenges, particularly when it comes to managing finances efficiently. One of the most critical aspects of financial management is payroll. At BNA Consulting, we understand that navigating payroll can be daunting, which is why our self payroll services are designed to simplify this process, allowing you to […]
Read more
BNA Consulting

Navigating Tax Changes: The Role of Accounting Agencies in London for 2025

As we step into 2025, businesses and individuals alike face a landscape of evolving tax regulations and financial challenges. The need for expert guidance has never been more critical, and this is where an accounting agency in London can make a significant difference. Understanding the Changes The tax environment is constantly shifting, influenced by government […]
Read more
Press ESC key to close search
Download Brochure