In the UK, selling a business can involve complicated legal and tax considerations, one of the most critical being Value Added Tax (VAT). In many cases, when assets are sold, VAT must be charged. However, a specific relief exists when an entire business — or a part of it that is capable of independent operation — is sold. This is called the "Tr
Year-end payroll procedures are a critical aspect of managing payroll operations, particularly for businesses in the UAE, where compliance with labor laws, tax regulations, and the Wage Protection System (WPS) is mandatory. The year-end process is more than just ensuring employees receive their final paychecks for the year—it includes reconciling
In the world of corporate finance, divestitures play a critical role in helping companies streamline operations, optimise portfolios, and unlock value. Whether divesting a non-core business unit, spinning off a subsidiary, or selling underperforming assets, proper planning is essential to achieving the desired financial and strategic outcomes. Fina