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Accountancy News and Advice From MCC Accountants

Inheritance Tax Explained

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Inheritance tax is arguably one of the most disliked taxes in the UK. Though it raises far less income for the Government than VAT or income tax, it causes much ire because it is seen as another tax on earnings…

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It’s the most wonderful time of the year!

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31st January is your personal tax filing deadline With the 31st January deadline just a few weeks away, it is essential that you get in touch with your tax advisor or tax accountant to make sure you have your online…

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What is Corporation Tax?

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If you operate a limited company, a foreign company with a UK branch, or an unincorporated association, you are liable to pay Corporation Tax. This is the tax your company pays on its operating profits and any money it makes…

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The Importance of Keeping Accurate Records

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Keeping accurate accounting records is crucially important for small business owners. Not only does doing so help you assess the financial performance and stability of your company, it is also a requirement of the law that companies of all sizes…

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Giving Christmas Gifts: Tax Implications

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For the latest tax advice, Salford based MCC Accountants are here for you. If, as a business owner, you are planning to treat your customers, or reward your team with gifts, a meal out or a party this Christmas, you…

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