eCommerce Accounting Services– Some Basics Before you Start your Venture
Ecommerce Accounting can be dull and prove a significant pain for many business owners. It can become confusing and turn into a headache very quickly. However, if you want to run a
How to Prepare Your Business For the VAT Domestic Reverse Charge
The VAT domestic reverse charge procedure is a new way of accounting for VAT in the construction industry. It is due to come into effect in the UK on 1 March 2021, having previousl
Personal Taxes vs. Business Taxes
Personal Taxes vs. Business Taxes Comparing personal taxes to business taxes is like comparing apples to oranges. Although the basic concept of both charges is similar, there are s
Xero: Is it Worth The Money?
Xero: Is it Worth The Money? Xero is a popular cloud-based accounting software. It has been a tough competitor to other accounting software since 2006. Based out of New Zealand, Xe
Virtual Bookkeeping and Accounting Services V.S. Online services: What’s the difference?
As a small business owner, you have to make several business-related decisions. These include new deals, customer-management, growth opportunities, and work efficiency. But one goa
Property Tax: Declaration of Trust, Form 17 (HMRC)
Over the years, I have noticed that there is a lot of confusion in matters on how properties should be purchased between two individuals; should the property be purchased on joint
How do you pick the right Payroll Service that suits your business?
Are you thinking of investing in a payroll service for your small business? Every company that has a hiring process requires a payroll process to pay its staff. With times changing
How Management Accounting Can Help Your Business
When you talk about a business organization, management accounting is vital for its efficient functioning. Unfortunately, small business owners and entrepreneurs fail to recognize
The Budget 2021 and debate over time off for vaccine appointments heats up.
The Budget on 3 March was a much-anticipated one as Chancellor Rushi Sunak announced the government’s stand on corporation taxes. While the country is still in a complete lockdow
Inflation in post-pandemic Britain
During this pandemic, the UK government has been spending an enormous amount on COVID-19 management. These spendings include support for health services, relief funds for those wit