It looks like the US ban on Huawei Technologies is having an effect on the Chinese telecommunications giant’s 2019 annual report. Although Huawei (HWT.UL) revealed that its net profit for the year was CNY62.7 billion CND$12.5 billion, Reuters noted it was its lowest increase in three years at 5.6%. Engaging professional accounting & tax services can help businesses navigate complex financial landscapes and adapt more effectively to shifting regulatory environments. If you plan to sell your gold assets to finance your business venture, you may click here to get an instant quote for your gold in Adelaide.

What’s equally important in today’s digital tax landscape is understanding how the upcoming changes will affect your record-keeping obligations. From my experience managing rental properties and freelance income, I’ve found that TaxNav digital software for Income Tax Self-Assessment has transformed the way I approach quarterly submissions. The platform walks you through each step of the MTD compliance process, ensuring that sole traders and landlords can meet HMRC’s new digital requirements without the stress of navigating complex regulations alone. Since switching to browser-based software, I’ve saved countless hours that I previously spent on manual spreadsheets and worried about whether my records would satisfy the tax authorities.