5 Reasons to Audit Your Financial Statements
Ensuring you get all your figures right in a financial statement is incredibly important for complying with tax regulations. Any...
Read More
An Overview of Double Entry Bookkeeping
Double-entry bookkeeping is an accounting system in which transactions are equally recorded in two or more than two accounts. You...
Read More
Few Strategies for a Strong Business Relaunch in 2021
The COVID-19 pandemic has been a process of starting over. There was a succession of lockdown orders that forced businesses...
Read More
Benefits of Internal Auditing
Internal auditing will help you find out whether your business has achieved its core business goal or not. Effective internal...
Read More
Understanding the R&D Tax Relief Scheme for SMEs in 2021
The Research and Development Tax Relief or R&D Tax was instituted for the progression of society and technology. This tax...
Read More
What are the Differences between Revenue and Income?
"Are revenue and income the same?" You might be the one asking this question if you don't know about these...
Read More
What is Management Accounting?
Management accounting is also called managerial accounting. It involves the provision of financial and non-financial information to the managers after...
Read More
Self Assessment Tax Returns: 7 Dates You Need to Remember For Filing
Whether you are an employee or you are earning income as a self-employed professional in the UK, you need to...
Read More
Tax Deduction For Private Parking Fines
No one likes parking fines. However, when you pay a ticket against the service to your customer. In such a...
Read More
Can You Register A Company Name That Has Been Dissolved?
Dissolved companies are removed from the register of companies house which means they don't contain any legal existence. Hence, the...
Read More
4 Cash Flow Mistakes to Avoid so Your Business Stays Healthy
Of all the indicators of the health of your business, cash flow is one of the most important. Good cash...
Read More
How to Pay Corporation Tax?
If you're a limited company, you need to pay corporation tax every year. In this short blog, we will discuss...
Read More
What is a Compulsory Strike Off and How Do I Stop It?
Compulsory strike off is the process of dissolving a company from the Companies House Register. The Companies House has the...
Read More
A Basic Guide on Fixed Assets – What Businesses Need to Know
Your business’s asset management is an important aspect of running your operations. It ensures you get significant returns on your...
Read More
Should I close my Limited Company or make it Dormant?
Closing a limited company is one of the most crucial decisions that need careful consideration. No matter whatever the reason...
Read More
What is a Shareholder Agreement and Why Do I Need One?
Setting up a limited company with your near and dear ones seems easy as you think that nothing bad will...
Read More
What is PAYE and What Affects Deductions On my Payslip?
Whether you're getting your payslip for the first time or you have been getting it for years. It's important to...
Read More
Cash Cushions – How Much You Should Have and How To Build It
Because of the COVID-19 pandemic, most are now convinced that they need to build a rainy day fund to keep...
Read More
How to Set Up a Business Bank Account Online?
Setting up a business bank account is the basic necessity for your business, right from the start. Although it'll be...
Read More
Can You Change Your Accountant during a Financial Year
After what can be described as a tough year, it’s clear that there’s no better time to revisit the fundamentals...
Read More
Sole Trader or limited company: Which is the Best?
"Should I go for Sole Trader or limited company?" You might be looking for the answer, right! No worries. Like...
Read More