Cloud-powered accounting: Advancing beyond traditional cloud accounting systems
In modern businesses, cloud accounting has now become the norm rather than the exception.
In modern businesses, cloud accounting has now become the norm rather than the exception.
While Inheritance Tax (IHT) is a topic that many find uncomfortable to discuss, it is an unavoidable aspect of estate planning.
As a small business owner, you juggle multiple responsibilities—from hiring staff and managing operations to developing business strategies.
A Government scheme could help parents save up to £2,000 on their childcare costs through tax reliefs aimed at working parents.
Mixing personal and business finances is a common mistake that many entrepreneurs, freelancers, and small business owners make.
As a small business owner, you’ve likely heard the terms “cash flow” and “profits” used interchangeably. However, mixing these financial metrics up can cause severe consequences for your business.
HM Revenue & Customs (HMRC) recently announced that Inheritance Tax (IHT) receipts were up by £200 million between April to July 2023, making this a record high.
As a small business owner, you are probably familiar with the term ‘Self-Assessment’. While many entrepreneurs link Self-Assessment primarily with the yearly tax ritual, it offers a lot more.
VAT might initially seem like an intricate maze for small business owners in the UK.
For business owners, understanding depreciation is not just about accounting practices but also about handling their taxes efficiently.
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