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Know about VAT

Value-Added Tax (VAT) is a tax on consumer spending. It is collected by VAT-registered businesses on their supplies of goods and services for consideration from their customers. Generally, each such…

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Know about Income Tax

Know about Income Tax

Income could be non-savings i.e. salary, trading profit, rental income etc, or savings i.e. interest income from bank and financial institutions or dividend i.e. dividend from UK or foreign companies.…

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Know about Corporation Tax

Corporation tax is a tax on the taxable profit of a limited company. Taxable profit is different from accounting profit. For small companies, the corporation tax rate is 20% on…

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