UK tax system is quite complex, so it is necessary to learn some basic rules to keep your company in good standing. We have gathered the most important information about taxes in the UK and wrote an overview of the main rules you should know. The difference between financial year, accounting period and personal…
The Swedish Government has published a new tax legislation that introduces the economic employer concept concerning foreign employers and their employees.
Read about the mandatory requirements for accounting in Estonia and learn which companies are obligated to do accounting every month.
New features will be added to my1Office soon to make company formation and business management even easier for remote entrepreneurs.
An EORI number is a unique ID number given to businesses that import or export goods into or out of the European Union (EU).
UK has announced a temporary cut to the VAT rate from 20% to 5% on supplies of food, accommodation and attractions from 15 July to 21 January 2021.
The most important questions that e-Residents have when they want to start a business in Estonia are probably about taxes. Every country has its own rules and regulations about taxes, so you have to do some research before starting a company in Estonia. If something seems unclear or raises questions, then the best advice is to order a tax consultation to avoid any later disappointments with regards to taxes.
After the Chancellor’s announcement on 20 March 2020, if you are a UK VAT registered business and have a payment due between 20 March 2020 and 30 June 2020 (VAT quarters ending February, March and April) you have the option to: defer the payment until a later date make the VAT payment as normal…
Finnish Tax Administration (Vero) extended the deadline for submission of annual reports and tax declarations for the fiscal period of 1 January – 31 December by one month, the new deadline being 31 May 2020. Since 31 May is Sunday, the documents can also be submitted on Monday, 1 June 2020. Extension of the deadline is applicable for both, Finnish and foreign companies who have the tax obligation in Finland.
The deadline for submitting the Estonian annual report is approaching quickly. The annual report gives information about the company’s progress in the past financial year. This information is public and can be accessed by anyone. Firstly, an Estonian annual report is mandatory and required by the law. As Estonia has a very transparent business…