A few changes in capital gains tax were announced in the budget of November 2022. It was announced that the changes will take place in 2023 and 2024. Today, we will be taking a look at these changes. So, if you are reading and speculating about the differences, now is the time to go through … Continue reading Changes in Capital Gains Tax in 2024 – Points to Know
Value Added Tax, or VAT, can be defined as a tax that is applied to goods and services in the UK. Thus, it is imperative for a business owner to know the functionality of VAT, how it works, and the way one has to comply with the regulations. On this page, let us discuss a … Continue reading a Brief Account of Uk Vat Returns and Related Issues
As a business owner, your hands are already full from overseeing or taking extreme care of day-to-day sales, marketing, and operations. So, naturally, you won’t have time to look after the financial books of your business. But what’s more important than sales, marketing, and operations is to manage your financial records at all costs. Even … Continue reading How Can Outsourced Accounting Help Your Business Thrive?
Before we get into the in depth discussion of VAT and related issues let us discuss what VAT is. Value Added Tax or VAT is the tax that a consumer or a buyer would need to pay for whatever service or product they purchase. VAT is applicable to everyone – from a high street consumer … Continue reading A Brief Account of Vat and Related Issues on Small Business
As a business owner, one of the things that you will always want to avoid is debt. However, sometimes debt can become part and parcel of your business. But if you are in Reading, you need not worry since you can manage the same with the help of suggestions provided to you by the best … Continue reading How to Manage Your Business Debt With Accounting?
One of the last things that you want to see taking place is your corporation’s tax bill skyrocketing. If and when it does, it has a significant impact on your monthly budgeting. Thus, you need to have some means up your sleeves that will help you keep the corporation tax under control. Now, there are … Continue reading What Are the Different Ways of Reducing Corporation Tax Bills?
VAT returns are considered a complex process that is also filled with a lot of burden. It is referred to as an indirect tax that the government charges on most of a business’s goods and services. If your business has a turnover of more than 85,000 euros, you will have to register for VAT. At … Continue reading Do You Really Need an Accountant to Make Your Vat Returns a Success?
Cash flow is an extremely important factor to start with. Be it in business or in personal day-to-day use, cash flow is a strong determinant of the financial status of a business as well as an individual at any given point in time. When you find cash flowing in and out smoothly, that indicates a … Continue reading Telltale Signs That Prove All is Not Well With Your Cash Flow
Managing the financial books of a small business is undoubtedly filled with a lot of complications. But simultaneously, it is a crucial aspect that you need to consider when it comes to growing your business. This can be treated as a basic thing that you need to master in order to smoothly walk down the … Continue reading Why Should You Give Importance to Accounting Principles for Your Small Business?
In the business world, financial management is a vital aspect that can either take a company on the path of success or lead it to failure. An efficient financial system is the cornerstone of a successful enterprise. A key player in this world is an experienced bookkeeper whose skills and knowledge go beyond calculating numbers … Continue reading How You Can Make Money Using a Professional Bookkeeper?