Articles / News
Furlough after its four-month extension is finally ending in October 2020 leaving both employers as well as employees in a dilemma. So, now what are employers to do with businesses facing an all-time low and the economy at best, only shakily getti...
October 30, 2020
The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial support to small and mid-sized businesses affected by COVID-19. It is a British government-backed scheme to help viable SMEs that are losing revenue and experiencing cash...
October 28, 2020
Nowadays, many small and mid-sized businesses are hiring virtual employees that help them to run their office set-up more cost-effectively. While some virtual employees perform routine and specific tasks, others have the experienc...
October 26, 2020
The UK government has had to face the consequences of the coronavirus pandemic at multiple levels. From furlough to bounce back loans to stamp duties "holiday" and VAT cuts to the hospitality sector, things have been changing for the bes...
October 24, 2020
Accountants are like regular people. They too at one point of time might feel the itch to leave hitting them. However, when your accountant does choose to leave it should not be more than a minor inconvenience to you. Granted that getting a new pe...
October 21, 2020
As you are already aware, the self-assessment deadline is approaching, and essential steps are required for successful tax filing. In this new year, where resolutions are trending in 2024, let's make a commitment not to overlook the pending ta...
October 19, 2020
A company may commence the voluntary liquidation with the approval of a majority of the directors of the board. It includes the approval of the majority of their shareholders and creditors. The company will have stopped trading by the en...
October 17, 2020
Why opt for outsourced bookkeeping and VAT services in the UK? Of course, to save time and money. Why pay more to your employees when you can get the same work done at less price? Why take the trouble of getting things done when you can have them ...
October 14, 2020
What is virtual accounting?
Today's scenario, where time is the most precious thing and everyone wants to save their time in every possible way and if we speak in terms of accounting, then virtual accounting ...
October 12, 2020
What is Bookkeeping?
If an accounting firm has to deliver the best in the market, then its accounting base should be strong. In other words, accounting is the main pillar of any organisation.
It is not an easy ...
October 10, 2020
Small and medium-sized enterprises or businesses need someone to do their payroll just like large firms do. Outsourcing will not only save your time but money as well. In fact, one can argue that they need to be more careful in their search f...
October 07, 2020
What is Capital Gains Tax?
It is the tax that you need to pay on the profits received from the sale of an asset. In this context, the profit is termed as gains. The gain is calculated by deducting the purchase p...
October 05, 2020
For any business, financial management is arguably one of the most important responsibilities that will impact your future success. If your accounting is not accurate then you could be facing cash flow problems that eventually may lead to business...
October 03, 2020
