Ever wonder why some business expenses are treated differently on financial statements? Well, the answer lies in whether they are classed as capital expenditure or not. Capital expenditure or CAPEX refers to the money a company spends to acquire, upgrade, and maintain long-term physical assets, such as property, plant, and equipment. In this blog, we […]
what is apital Expenditure – A Basic Guide! Read More »
Many people, including self-employed persons and employers, might not be aware of the troublesome rules of benefits of kind. Sometimes it may be tricky to understand them as few of them are taxable and few aren’t. Due to the complex rules, it may be difficult to know which rules apply as per your situation. But
Benefits in Kind: An Overview Read More »
Tracking the incomings and outgoings of a business can be trouble, but it is crucial to get a deep insight into a business cash flow and to ascertain the financial stability of a business. Chart of Accounts (COA) is the index of all financial accounts to help you perform these tasks effectively. Let’s see: what
What is Chart of Accounts (COA)? A Basic Guide Read More »
Wondering what is wealth management? In simple words, it is a branch of financial services that deals with the financial needs of affluent investors and high net worth individuals. Wealth managers perform a number of tasks ranging from investment advice, taxes, estate planning to anything else that relates to increasing the wealth of high net
What is Wealth Management and How Does it Work? Read More »
You are required to keep your business accounts or pay any professional to do this in order to run your business effectively. It is a legal requirement to keep your accounts. But, keeping them well is essential for the growth of your business. Therefore, this blog will let you know how to keep your accounts
Simplest Ways to Keep your Accounts Organised! Read More »
