Creditors' Voluntary Liquidation (CVL) is a procedure, instigated voluntarily by the members of an insolvent company, by which the assets of the insolvent company are sold, and profits distributed to the company's creditors. The Company ge...
December 12, 2020
Risk is a part of the business but in the current pandemic situation, the scales have tipped even higher even as the capital in the market has fallen lower. This has become a time of not recruiting new people to do new tasks (all thanks to the fal...
December 09, 2020
In any situation, people try to find some advantage and use it in their favour. The same applies to frauds. Some people are trying to use Covid-19 to lure people into a trap. While the government plans different schemes to help people, it is neces...
December 07, 2020
Do you charge your customers compensation to withdraw from agreements to supply goods or services? If yes you may have a question - Are charges to withdraw from agreements to receive goods or services vatable? Is there VAT on cancellation fe...
December 05, 2020
In these competitive times taking care of your payroll is not easy. So much so, that you may be looking to an outsourced payroll provider to take this headache away and take some much necessary external assistance to the tab...
December 03, 2020
The United Kingdom left the European Union on January 31st, 2020. Both the parties agreed to a transition phase, which shall be in force until 31st December 2020. During this transition phase, the UK is still part of the EU regulatory framework an...
December 01, 2020
What is Offshoring:
The exercise of founding some of a company’s procedures or service overseas, to take advantage of lower costs, is known as offshoring. There can be many reasons, such as you want to explore the ...
November 27, 2020
Legal work brings to mind something that requires attention and a certain level of expertise. For most people, the words don’t have a positive connotation as employers would rather avoid compliance-related matters. Considering this it does m...
November 25, 2020
Many business owners believe in filing their self-assessment tax returns. In practice, one can’t say much about whether this is a good move or a bad one, though it does stand to note that there is a certain amount of risk in...
November 23, 2020
In the world full of competition, to be more competitive, it is always wise to outsource the accounts. Outsourcing companies provide high-quality services which will help many businesses in getting their work done in a timely and cost-effective ma...
November 21, 2020