Management Accounting Archives - Merranti Accounting

Building site Special purpose vehicles Property accoutant

What is an SPV in Property?

March 16, 2021

An SPV, Special Purpose Vehicle, is a standard limited company that has been set up purely to transact for one purpose or transaction. When you intend to purchase a property or land to build residential or commercial development, it is common for this to be bought in a newly registered company that has no liabilities

Land Tax / Stamp Duty Holiday

December 11, 2020

When do pay Stamp Duty? All property in the UK is subject to a land tax which normally paid by your solicitor once the completion has occurred and Land Registry has been notified. How much you pay in Stamp Duty is all dependent on how you buy the property and whether your buying as an

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

Change of Accounting System

May 5, 2015

We have migrated many of our clients bookkeeping functions from spreadsheets or even non existent systems to online accounting software packages. This has provided the client, accountant and bookkeeper access to live information anytime, anyplace provided they have internet access. This has also given the client access to avast array of reports and management information.