Record keeping is not something you would really feel up to doing, but as with anything else pertaining to accounts, it is an activity that simply has to be done whether you like it or not. Considering the limited amount of free time business owners and individuals have for such miscellaneous tasks, it is no surprise that Read more

January 04, 2022

Bounce back loans were a part of the pandemic related reliefs that the UK government had introduced. The loans were offered so that small businesses could access emergency funds faster than the normal routes of borrowing with sums between £2,000 and £50,000. These loans could then be used when paying wages of the staff or other business expenses like rent, heat ...

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December 24, 2021

Filing a self-assessment tax return is a daunting task, especially when left for the last minute. True tax planning and saving need time and preparation - and preparation here implies preparation in advance.

The basis for proper tax return filing is an organised appro...

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December 23, 2021

Organising is the key to good management of the books. Unfortunately, that is easier said than done. Bookkeeping is necessary, albeit a tedious function. However the most difficult part of it is that it cannot be put off because you simply cannot find the time. Being behind in the books can become a complete nightmare when it comes to the reconciliation stage. Due to these ...

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December 20, 2021

The role of accountants has diversified quite a lot from what it originally was from more of an orthodox paper based practice to know something that even includes a broader perspective of advisory services. With the introduction of cloud accounting practices accounting has not only become easier, but data too can be shared faster and clients can access to their data in the ...

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December 17, 2021