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Corporate Services

Corporate Services | Xact+ Accountants Corporate Services That Simplify Compliance & Accelerate Growth From formation to strike off — all in one expert place Book Free Consultation What We Offer 🏢 Company Formation Quick and compliant UK company setup. Learn More → 🔁 Company Name Change Update your brand legally and easily. Learn More → 📄 Confirmation Statement Stay compliant with timely CS01 filings. Learn More → 👤 Director Changes Add or remove directors easily and legally. Learn More → 📈 Share Transfers Smooth share reallocation process. Learn More → ❌ Company Strike Off Close your company the correct way. Learn More → ...
UK Stock Market Insights Share of Stock: UK Market Insights How to buy, key benefits, and current market trends Benefits of Owning Shares Dividend Income Receive regular dividend payments from profitable companies Capital Growth Potential for your investment to increase in value over time ...

Are cash gifts taxable?

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As we get older, if we’ve worked hard and done alright for ourselves, naturally, we might want to gift a reasonable wodge of cash to a loved one. Often, people want to help a son, daughter or grandchild to go to university, go travelling, buy a car, start a business, get married or put down a deposit on a first house. The “Bank of Mum and Dad” remains a crucial source of funding, but there are a few tax rules that you and your loved ones should be aware of before you go gifting them large amounts of your hard-earned dosh. Cash gifts and  Income Tax There are no potential income tax implications for the person to whom you gift cash – unless they put it into a savings account and it generates taxable interest or they buy shares from which they receive taxable dividend payments. Dividend  payments are subject to Income Tax once they go over the threshold (£500 for the 2024/25  tax year ), while interest can be taxable once the recipient’s total income exceeds their tax-free...

Download UK Accounting Keywords CSV

Download UK Accounting Keywords CSV Download Excel File

Tips to Select the Most Drastic & Exceptional Perfumes for Men

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Custom Web Application Development: Unlocking the Power of Laravel Development Services

  Custom Web Application Development: Unlocking the Power of Laravel Development Services In today's digital age, custom web applications are becoming essential for businesses to stay competitive. These applications are tailored to meet specific business needs, offering greater flexibility, scalability, and performance than off-the-shelf solutions. One of the most popular frameworks for custom web application development is Laravel, a PHP-based framework known for its elegance, simplicity, and robust features. In this article, we will explore the significance of custom web application development and how Laravel development services are transforming the web development landscape. What is Custom Web Application Development? Custom web application development involves building web applications that are specifically designed to meet the unique requirements of a business or organization. Unlike generic software, which may not cater to a company's specific needs, c...

What is the Sales Ledger in 2025?

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What is the Sales Ledger in 2025? What is the Sales Ledger in 2025? In the dynamic world of business finance, keeping your records accurate and up-to-date is essential. One vital tool that helps in this task is the sales ledger . But what exactly is a sales ledger, and why is it so important in 2025? Let’s explore. Photo by Austin Distel on  Unsplash Understanding the Sales Ledger A sales ledger is a detailed record of all the sales transactions made by a business. It includes crucial information like the date of sale, invoice number, customer name, items sold, sales amounts, and any applicable taxes or discounts. Essentially, it’s a comprehensive account of the money owed to your business by customers. Why is the Sales Ledger Important? Accurate Financial Tracking : By maintaining a meticulous sales ledger, businesses can track their sales and revenue with precision. This is vital for assessing financial performance and making informed business decisions. Efficien...