Blogs

Whether you're an accountant or not, you need to understand what is net profit and how to calculate net profit....

A capital term in accounting is an asset that is carried on a company's balance sheet and depreciated over a...

You may carry out business in the food line, you can be part of a restaurant, cafe, manufacturing company or...

We have usually heard in the retail industry that a failing business has gone into administration. But when a company...

Nearly everyone within the United Kingdom is authorised to a personal allowance that is tax-free. It implies that each year...

Being self-employed may seem an appealing option, but it requires a lot of hard work and devotion. There are a...

Entertaining clients or staff has been proved to bring a number of advantages. For example, giving rewards to employees for...

You will have to pay taxes even after retirement. The money you will get as a pension is classed as...

If you are a small business, you can file micro-entity accounts to save your money and time. However, if you...

The management of your accounts receivable (AR) is essential to operate your own business. Several businesses who sell out their goods and...

In order to establish your own business without beginning from scratch, a franchise can be the easiest way. However, you...

Uniforms are sets of clothing that employees of an organization need to wear at work. Most of us wear a...

If you are buying a home or property costing above £145,000 in the Scotland, you have to pay LBTT (Land...

In the European Union and OECD, the UK has the highest registration threshold for VAT. As per the government's research, the threshold...