Business Information

family finances

Tight CGT reporting deadline for residences

February 5, 2023

Contrary to popular belief, the profit you make when you sell your home, or a former home, is not automatically exempt from CGT. This tax exemption applies to gains that relate to periods in which you lived in the property as your main home. However, it can be extended to certain periods when you were

Read More
dividend tax 2023/2024

Elect in good time

February 5, 2023

Events don’t always turn out as expected. For example, you may need to wait for a later profit or loss to arise before you can judge whether it’s right to elect to use losses in an earlier year. This is why the law allows you extra time, after you have submitted your tax return, to

Read More
restaurant sell your business low

Next step your business

February 5, 2023

If you are wondering whether, or when, you should dispose of your business, a sensible first step is to form an outline plan. The sale of a successful trading company will generate a capital gain. This would normally be taxed at 20% after deduction of your annual exemption, which is £12,300 for 2022/23, but only £6,000

Read More
Merranti News letter

Our Latest Newsletter

June 26, 2022

The Summer is firmly here and so is our latest newsletter with articles about personal and business matters. Merranti Accounting Newsletter summer 22 If you have any questions about the articles then don’t hesitate to contact us anytime.    

Read More
Merranti Accounting Local Accountant near me

Back To The Future?

June 26, 2022

Back To The Future? It is a tough time for both families and businesses, with higher prices and staff shortages causing difficulties that are witnessed every day, from supermarkets to airports. Those under fifty will struggle to remember such difficult economic times, with inflation at a 40-year high. On 26th May, the Chancellor announced the

Read More
CTA Accounting

Merranti Accounting Expands into Croydon

March 26, 2022

We are excited to announce that we have completed the acquisition of CTA Accountants and Consultants Ltd based in Coulsdon Surrey giving us a base to expand into the Croydon area. Specialising in Restaurants and Takeaway venues the business has been trading for in excess of 25 years, with long-term clients who are used to

Read More

Selling your business

December 7, 2021

Selling your business If you are wondering whether, or when, you should dispose of your business,  a sensible first step is to form an outline plan. The sale of a successful trading company will generate a capital gain. This would normally be taxed at 20% after deduction of your annual exemption (£12,300 for 2021/22). Business

Read More
Facts about exporting goods

Facts about exporting goods to EU

July 19, 2021

Facts about exporting goods to EU- The rules and paperwork required to export goods to EU countries have become much more complicated. As an exporter, you need two EORI numbers: a UK EORI number to include on export paperwork and an EU EORI number for your transport provider and freight forwarder to accept the shipment

Read More
Accountancy and Tax, Start your Own Business, Merranti Accounting

Tax Deferrals are coming due

November 30, 2020

At the start of the coronavirus pandemic, the UK Government gave individuals and businesses the option to defer, until 2021, payments of Income Tax due by 31 July 2020 and VAT due in the period 20 March to 30 June 2020. In both cases, you could pay the tax or VAT by the original due

Read More
Merranti Accounting Local Accoutnant Covid Business Update

Covid Government Scheme Report

November 19, 2020

REPORT RELEASE: Merranti Accounting has just released their free latest report on the schemes being offered by the Government. A 12-page document that will list and explain in detail on all the potential benefits that are being offered by the Government. Get your copy here 

Read More