News & Press

What Is Corporation Tax?Corporation tax is the tax that limited companies pay on their profits. It applies to income from trading, investments, and the sale of assets such as property or shares. In many ways, it is similar to income tax, but...

What Are Allowable Expenses?Allowable expenses are costs you can deduct from your rental income before calculating your tax liability. HMRC only permits deductions for expenses that are “wholly and exclusively” for the purpose of renting out...

What Is Bookkeeping?Bookkeeping is the process of recording all financial transactions in a business, from sales and purchases to payroll and expenses. It ensures that your financial records are accurate, up to date, and ready for use in...

What Are Tax Preparation Services?Tax preparation services are professional services designed to ensure that businesses comply with UK tax law while making the most of available reliefs and allowances.For limited companies, this primarily...

What Exactly Is Inheritance Tax? Inheritance tax is a tax on the estate of a person who has passed away. Their estate will include: PropertyMoney Investments Possessions The tax is calculated based on the total value of the estate at the time...

But What Is An Audit? An audit is an independent examination of a company’s financial statements and supporting records, carried out by a registered auditor. The purpose is to confirm that the financial statements present a true and fair view...

What Is An Accounting Firm? An accounting firm is a professional service that specialises in handling financial matters for its clients. These firms can range from small local practices to larger international organisations, but their primary...

So What Exactly Is A Statutory Audit? A statutory audit is an independent review of a company’s annual financial statements, carried out by a registered auditor. It provides assurance that the accounts are true, fair, and comply with the...

Expertise and Convenience:At Wisteria Accountants, we understand the diverse needs of businesses, which is why we offer a comprehensive range of outsourced finance services tailored to suit your requirements. Our dedicated team of...

What is VAT MOSS?:VAT MOSS, or VAT Mini One Stop Shop, was introduced to make VAT compliance easier for businesses offering digital services across EU borders.It allows businesses to declare and pay VAT on their digital sales to EU consumers...

We believe that individuals can create reliable income streams with minimal day-to-day involvement by automating processes through online businesses or investments. Passive income alleviates financial constraints, provides residual cash flow...

So whether you’re new to the property game or you’re a seasoned investor looking to broaden your portfolio, it’s worth doing a little homework before signing on the dotted line. To help you make up your mind, we’ve compiled a list of five...