Articles / News

According to Atradius insolvencies to rise by over a quarter this year in UK.  The UK has suffered quite considerably due to the coronavirus pandemic. It has been found that as far as the contraction of GDP goes in Northern Europe, the United...

Read more

September 19, 2020

That time of the year might be just a few months away but it always does come eventually, yes, you got it right; the year-end accounting date! The ‘year-end’ of a company is the date that the accounting period of that particular compan...

Read more

September 16, 2020

The demand for outsourced accounting is going to be higher than ever in the Covid-19 Pandemic. While many businesses are struggling to sustain themselves, accounting is no exception and ...

Read more

September 15, 2020

Outsourcing and its importance:

If a business wants to grow in the market, they should come out with a strong strategy and proper execution of planned strategy. Outsourcing services is an efficient and accurate way of ...

Read more

September 09, 2020

Accurate books of accounts are not optional for successful businesses and hiring full-time accounting staff to manage the company’s books can be costly. Every business requires the financial data prepared by accountants...

Read more

September 07, 2020

A report prepared annually by the limited companies to show the breakdown and financial actions taken by them for the same year is called a Statutory Account.

A statutory account does not include every detail, such as unique invoices or ...

Read more

September 05, 2020

What is Making Tax Digital (MTD)?

With effect from 1st April 2019, VAT registered businesses whose taxable turnover is above the VAT registration threshold (presently £ 85000 per annum) must keep...

Read more

September 04, 2020

Due to the introduction of Real-Time Information (RTI) in 2014, payroll now no longer can be run without a payroll software. Also, since RTI needs to be submitted every time you process the payroll, it sets a deadline that needs to be fulfilled. D...

Read more

September 03, 2020

The announcement of the Self-Employment Income Support Scheme by the Chancellor Rishi Sunak brought a big sigh of relief among the Self-employed workers, who have suffered adversely due to the COVID-19 outbreak.

How does this sch...

Read more

August 27, 2020

Point of sale is one of the easiest VAT schemes, created for businesses using an electronic system that records VAT for goods at the time of sale. Poin...

Read more

August 25, 2020