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About Diana Hurta

Founder / CEO at DH Accounts & Legal Ltd.

Lithuanian Business Networking in London on 21 April 2018

Lithuanian Business Networking in London on 21 April 2018

COME AND MEET LITHUANIANS We’re organising business networking event. It’s a great opportunity to meet Lithuanian business owners, find new customers, business partners, share experiences. We expect all, not only existing entrepreneurs, but also those who are just planning to start their own business. During event, you will have a chance to present your business to everyone without pressure, exchange business cards, get new contacts, or just have a good time and enjoy Lithuanian cuisine prepared by Berneliu Uzeiga Shepherds Inn. Event held: Berneliu Uzeiga Shepherds Inn at 485 High Road Leytonstone, E11 4PG, London. Time: Saturday, 21st April 2018. Program: 12:00 Arrival 13:00 Introduction 14:00 Presentation 15:00 Networking 17:00 […]

Tax Year 2018-19 and 10 Changes You Need To Know

The UK tax year begins on 6 April 2018 and the start of the new tax year in UK brings a raft of tax changes that you simply can’t afford to ignore as they all come into force in the coming months. 1. National Living Wage will increase The National Living Wage for those aged 25 and over will increase from £7.50 per hour to £7.83 per hour from April 2018. 2. Tax-free personal allowance will rise The personal allowance – the amount you earn before you start paying income tax – will rise from £11,500 to £11,850 from April 2018. 3. Income Tax bands of taxable income will rise […]

VAT: Should I register for VAT

VAT is one of the things all businesses need to be aware of. It’s important, for example, to understand what the VAT threshold is and when you need to register for VAT. It’s also important to consider what benefits you might get from registering even if you are below the threshold. Also you need to know who can not register for VAT. What is VAT Value Added Tax – the amount of tax added to the value of goods or services you buy. All VAT registered businesses must charge VAT on the goods or services they provide in the UK. A business which is registered for VAT will charge VAT […]

Book: Self-Employed UK Tax Guide 2018

This free (and highly detailed) book, written by Diana Hurta, is for people who run a business or planning to start own business in the United Kingdom as a self-employed. You will find answers to these questions:   What does it mean to be self-employed. What are your responsibilities. When do you need to file your tax return. What and how much tax do you need to pay. What records do you need to keep. What expenses you can claim. How to keep tidy records.   Also you will get GIFTS!   Download our FREE ebook in PDF format by subscribing to our email list using the quick form below. […]

LT Business Networking

LT Business Networking

10 February 2018 / London COME AND MEET LITHUANIANS! It’s a great opportunity to meet Lithuanian business owners and gain contacts. If you are planning to start a business, then this is the right place to come. You will feel a warm welcome and you will have a chance to present your services or products to everyone at the meeting, without pressure. You will enjoy the Lithuanian cuisine prepared by Berneliu Uzeiga Shepherds Inn and good conversation in a relaxed enviroment. You can also get magazine Londoniete for free. Event held: Berneliu Uzeiga Shepherds Inn at 485 High Road Leytonstone, E11 4PG, London Time: Saturday, 10th February Program: 12:00 Arrival […]

10 Things to Do Before Starting a Business

Before starting your business there are many things to consider. However I would recommend you to look into these 10 things. This guide will take you through each of the key sections of the start-up process: evaluating your business idea, choosing a business model, planning strategy and finance, creating a team, branding and finally getting ready to launch. 1. Do market research Market research is very important component of business strategy. When identifying and analysing the market needs, market size and competition, you will find a niche which leads to the profitable business. 2. Plan your finance A wise person first sits down and calculates the expense to see if […]

Automatic Enrolment: Enrol your staff into a workplace pension

Automatic Enrolment: Enrol your staff into a workplace pension

As a result of Automatic Enrolment, millions of people now have a workplace pension. Find out how this affects your business. Under the Pensions Act 2008, every employer in the UK must put certain staff into a pension scheme and contribute towards it. Employers will have to provide a workplace pension for eligible staff by 2018. This is called ‘automatic enrolment’. If you employ at least one person you are an employer and you have certain legal duties. It’s important that you understand what to do and by when, so you can meet your automatic enrolment duties. Staging date Find out when you’ll need to start enrolling people. This is […]

How to Start and Register a Business in the UK

How to Start and Register a Business in the UK

What you need to do to start a business in the UK, depends on your structure of business. Most businesses register as a sole trader, private limited company or partnership. Sole traders If you’re a sole trader, you run your own business as an individual and you’re self-employed. You can keep all your business profit after you’ve paid tax on it. You’re personally responsible for any losses your business makes. You must also follow certain rules on running and naming your business. Your responsibilities It’s simpler to start as a sole trader. You’ll need to: keep records of your business sales and expenses, send a Self Assessment tax return every […]

10 Key Advantages of Having a Private Limited Company (LTD)

10 Key Advantages of Having a Private Limited Company (LTD)

I will speak about two most popular types of business structures in the UK: sole trader (ST) and private limited company (LTD). Starting up as a sole trader is without doubt the simplest way to start a business in the UK. All you need to do is inform HMRC that you are working as self-employed, and report your business activities through the annual self assessment tax return. Setting up business as a LTD involves a more complex formation process, and the financial and administrative responsibilities of running a LTD are greater than those of a ST. However, there are many benefits which LTD has over the ST. Here are 10 […]