Correcting VAT Errors on a Return Already Submitted
While submitting your VAT returns, mistakes can occur. Whether it's missing an important entry or adding a wrong figure. And...
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What is a Unique Taxpayer Reference (UTR) Number and How to Get One?
Struggling to know what is a unique taxpayer reference (UTR) number? Who needs this number? What it is for and...
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How to Value your Business? Methods of Valuation
Calculating the worth of your business is crucial to determine its financial health and to make important decisions. Whether you're...
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What Can Outsourced Accountants Do for Your Limited Company
For any kind of decision-maker, business owner, or company director, it’s common knowledge that overseeing accounts and taxes is an...
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How to Determine the Depreciation Rates on Fixed Assets
Calculating the depreciation of fixed assets has paramount importance to business owners. You can calculate the depreciation of assets in...
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Tax Rules for Landlords – What To Know When Renting Out a Property
Almost everyone pays taxes—as a citizen of this country, you’re expected to fulfil this responsibility so that you can enjoy...
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A Complete Guide to the Memorandum and Articles of Association
If you're in the process of setting up a limited company, you'd get a plethora of paperwork. Along with other...
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How Much does Public Liability Insurance Cost?
In business, accidents are unavoidable especially if you are dealing directly with the public. Thanks to public liability insurance that...
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Incremental Budgeting: Advantages & Disadvantages
Budgeting is crucial for business management. Along with determining the operational profitability of a business by forecasting income and expenditures,...
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Return on Capital Employed (ROCE): What It Is and How to Help Improve It
Ever looked at a business and wondered if they are actually any good at what they do? Not just making...
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How to Pay Quickbooks invoice? A Quick Guide
Find out what is an invoice payment, how to pay QuickBooks invoice on time with different payment methods. Quickbooks...
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3 Key Accounting Practices Freelancers and Start-Ups Should Use
To any small business owner or freelancer, venturing into the ever-growing UK business landscape is both a fulfilling and intimidating...
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Understanding Invoices – Why Businesses Must Keep Copies
Invoices are necessary for any organisation that transacts with other entities. It serves as a record of sale that verifies...
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How the 2021 Budget Affects Your Small Business _ A Guide
The government releases the Budget statement yearly to outline the local economy’s status. It also plots out where the money...
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Beginners Guide: How to use QuickBooks?
In this blog, you will learn how to use QuickBooks and what benefits QuickBooks have that you are missing in...
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Second Job Tax: How Much Tax Do I Need to Pay?
Currently, there are over 1.1m people who are working for a second job in the UK (ONS Data). If you're...
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Fiduciary Responsibilities of Trustees
Trustees have a lot of responsibilities to hold. They control, administer and keep a property or assets for the benefit...
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What is a Taxpayer Identification Number (TIN) and Why You Need It
Ever asked about a Taxpayer Identification Number and feel confused as a business owner? You are not alone! In this...
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Getting Security Clearance as a UK Contractor
If you’re looking to work as a contractor in the UK government, defence, or intelligence sectors, you’ll probably need security...
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What is Return on Assets? How to Calculate and Use it?
Return on Assets is a metric to measure the business profit in relation to its total assets. It indicates how...
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Top Crowdfunding Platforms for Businesses
Raising capital for your business is a crucial step for the growth of your business. As, you have invested your...
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