Articles/News


Accounting is an integral part of any business and it is the backbone of any financial Institution. It is a known fact that Coronavirus has created havoc around the world. Governments of various countries are providing some or the other relaxations or benefits for its citizens in this pandemic situation.

Accountants should also hone their communication skills and ...

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December 30, 2020


On 12 November 2020, as part of the draft clauses of the Finance Bill 2021 to prevent abuse of Research and Development (R&D) tax relief for small and medium-sized enterprises, policy has been proposed. The policy is to prevent fraud activity as well as abuse by SME companies who claims the payable ...

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December 28, 2020


2020 has indeed been a year for change. The changes that we see in 2020 are not only going to affect the way public health and safety is viewed but also the way we work and approach the workplace. A new flexibility has been put in place due to dire need but gradually as the vaccines come in and hopefully the pandemic situation wanes what will the future look like? Experts w...

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December 25, 2020


The Account is considered as the base and pillar of any organisation. The accounting information should be carefully handled by a concerned person as a responsibility or the wrong information may lead to unfruitful result. The accounting services are cost effective, improve efficiency and practice management b...

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December 23, 2020


The impact of COVID 19 has been felt across the globe. Individuals, Families, Businesses, Governments have all been severely affected by this pandemic. UK businesses have not been untouched by this. Among them, the hardest hit has been the SME sector. Almost 50% of the total revenue generated in the UK and around 45% of its labour force is contributed by the SME sector.

...

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December 21, 2020


The third round of coronavirus support from the government worth up to £7,500 can be applied now by self-employed workers.

To assist businesses negatively impacted due to Covid-19 government introduced self-employment income support scheme (SEISS). SEISS gives grants and help those self-employed workers who cannot earn what they used to because of the pandem...

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December 19, 2020


Success is hard to come by most times but an achievement under a situation of duress is what is indeed something commendable. Doshi Accountants has been recognized as one of UK’s top 100 accountancy firms due to undoubtedly one aspect namely – positive client reviews. But why exactly are Doshi Accountants different? S...

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December 17, 2020


Most small business owners are looking towards avenues to save money. At such a time extraneous expenses are things that one would like to avoid. Considering this, small business owners like to avoid work that is given outhouse thinking of the DIY to do it yourself principal. But can do it yourself always be the ideal option especially when considering specialised subjects ...

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December 14, 2020


When Darwin propounded the theory regarding the survival of the fittest, he surely must not have thought that what stands true for the business world also stands true for the business one. The Covid pandemic has taught business owners a thing or two about the importance of being able to remain afloat especially during stormy waters. With the increase in competition one quit...

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December 11, 2020


The extension to the Furlough scheme (under the Coronavirus Job Retention Scheme / CJRS) has been received with mixed feelings of relief as well as frustration. The government’s stance has been hailed to be as ambiguous as ever for hadn’t the chancellor in September spoken against furlough as being ideal thanks to its instance of holding employees on no longer v...

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December 09, 2020


The disturbance created by this pandemic has been very challenging for all the businesses. And it’s crystal clear that associated problems with Covid-19 will be there for longer than expected. By taking appropriate action to support your clients and offer them valuable service will not only help you to be trusted accountants but also put you in their trusted advisers ...

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December 07, 2020


Brexit was definitely going the affect VAT accounting. Probably there is no extension and the transition period will end on 31st December 2020. From 1 January 2021 we need to account for VAT as per the new guidance. Now the simplified rules will not be applicable for Great Britain. There is no border between Northern Ireland and Ireland. While Ireland is an EU member state ...

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December 04, 2020


The pandemic has caused large-scale loss of lives and severe human suffering worldwide. It is the largest public health crisis in the living memory of mankind, which has also created a major economic catastrophe. Production was at halt which affected many countries globally, a fall down in consumption and confidence, and negative response of stock exchanges to heighten the ...

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December 02, 2020