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Understanding the Non-Resident Landlord Scheme

Understanding the Non-Resident Landlord Scheme

The UK Non-Resident Landlord (NRL) Scheme is essential for landlords living abroad who earn income from UK property rentals. Under this scheme, letting agents or tenants who pay rent directly to non-resident landlords must deduct basic rate tax from the rent before...
AI-powered Tools are Reshaping Accounting

AI-powered Tools are Reshaping Accounting

With advances in technology, AI-powered accounting tools are reshaping financial management for small businesses, offering greater accuracy, efficiency, and insights than ever before. By automating tasks like data entry, expense tracking, and report generation, AI...