It takes time, effort, finances and dedication to start and manage a small business. During the nascent stage, it is easy to manage by yourself various functions such as accounts, payroll, tax, etc. But as the business expands and you concentrate ...
September 21, 2020
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...
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...
September 16, 2020
September 15, 2020
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 ...
September 09, 2020
Accurate books of accounts are not optional for successful businesses and hiring full-time accounting staff to manage company’s books can be costly. Every business requires the financial data prepared by accountants and...
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 ...
September 05, 2020
With effect from 1st April 2019, VAT registered businesses whose taxable turnover is above the VAT registration threshold (presently £ 85000 per annum) must keep...
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. Du...
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...
August 27, 2020