Navigating the fiscal landscape of the UK can be a daunting task for many small business owners. One of the main pillars of this landscape is Corporation Tax – the tax payable on company profits. This guide is tailored to provide a comprehensive overview of UK Corporation Tax, helping small business owners understand their obligations … Read more
For many small business owners in the UK, the intricacies of the tax system can be daunting. One term that often crops up, particularly as businesses grow and expand, is Value Added Tax, commonly known as VAT. This guide aims to demystify VAT, breaking down what it is, when you need to register, and how … Read more
As a sole trader or small business owner, you may be wondering if you can use QuickBooks instead of hiring an accountant. QuickBooks is a popular accounting software program that can help you manage your finances, including tracking income and expenses, creating invoices, and generating financial reports. While QuickBooks can be a useful tool for … Read more
If you are a sole trader or the owner of a small business in the UK, you may be curious about the fees associated with hiring an accountant. The price of employing an accountant can change significantly based on a variety of criteria, such as the size and complexity of your company, the services you … Read more
If you’re a sole trader, you might be considering if you require accounting assistance for your company’s finances. Because it depends on a number of variables, the answer to this question is not always obvious. In this piece, we’ll look at the advantages of working with an accountant who is a sole trader as well … Read more
You need a complete guide to starting a UK-limited company to get it right. That’s because the process falls under a certain process you must adhere to so that the Companies House accepts your application. One understands why you are considering starting a UK-limited company. Its benefits are indisputable; hence necessary to take advantage of … Read more
Many reasons could make you want to consider self-employment. It could be in search of an opportunity to become your own boss. Others want a break from the monotonous routine of a nine-to-five job. In other instances, one has given up on finding a job hence looking for something to do to make ends meet. … Read more
Artificial Intelligence (AI) is one of the emerging trends in accounting. As it keeps evolving and encroaching on the roles of accountants, it becomes hard to know what the future holds concerning the two issues. Will AI replace accountants? It is fair to know such an answer if you are in this profession to know … Read more
Are you considering starting a company while employed but need to know if it is right? If so, this piece is a must-read so you can know how to proceed. It discusses the legality of the matter and much more. Legally, you have the right to start a company whilst employed. So, don’t shy away … Read more
Choosing the right outsourced service providers for your business is an important process, as you need to work with that person or organisation closely and share private information with them. When it comes to business accounting, that’s even more true, as you will need your company accountant to undertake vital tasks such as filing your … Read more
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