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If you are an individual who is in more than one job, you absolutely need to know everything about the tax on a second job. In order to avoid paying too much tax or too little that might cause you trouble later on. Paying too much tax is neither good for you nor for your […]
Second Job Tax – Everything You Need To Know! Read More »
You might get many benefits and pay expenses from your employer, but do you know that these pay expenses are Non taxable Income? There could be several reasons for tax-free benefits and expenses. There can be a number of reasons for Non taxable Income and benefits from your employer. Some of them are listed here for
Non Taxable Income – Most Common Payments And Benefits! Read More »
In business, making the right decision at the right time is crucial. For it, you need to have valid information with a strategic plan. In this regard, using the right tool for recording, analysing and storing data is essential. Spreadsheets can be the best tools to manage your business operations effectively. These are popular amongst
Advantages and Disadvantages of Spreadsheets Read More »
When you set up your business, one of the first things you need to do is open a business bank account. Opening a bank account can be a hassle due to the considerable paperwork, time and money involved. However, the Tide business account can be the best alternative to traditional banking. It allows you to
Introducing Tide Business Bank Accounts Read More »
The practice of using an accounting system by having access to the internet is trending in this era. As it saves human energy and completes the aimed results in less time. The idea of having an access to your business records and data by using any device that has an internet connection is appealing. Cloud
Cloud Accounting – Is My Financial Data Secure? Read More »
If you’re curious to know, “how overdraft works?” You’re at the right place. In this blog, we’ll discuss what is an overdraft, what are its types, how does it work, its limit, and its costs. Let’s delve into the details of how overdraft works?. What is an Overdraft? An overdraft is a type
How an Overdraft Works? Types, Limit, Cost Read More »
Are you looking for a guide that is aligned with your interest in knowing accounting terminologies? This blog will unfold everything you need to gather information to be someone who is enriched with Accounting Terminology. Let’s delve deep and aim for the best understanding. The first and ultimate term one needs to understand as a
A Basic Guide On Accounting Terminology Read More »
Computers, stationary or even machinery are all business assets that have a limited life span. With their usage, their value diminishes over time. When it comes to depreciation, it is an accounting term that shows the cost of using an asset over a certain period while it’s beneficial to your business. It affects your bottom
What is Depreciation and How to work out Depreciation in the UK? Read More »
VAT is a record of received and paid payments and the method we use for reporting VAT is popularly known as Cash Accounting VAT Scheme. The principles of cash accounting are religiously followed by the Cash Accounting Scheme. In other words, we can say that it keeps the track of recoded expenses when they are made
Cash Accounting VAT Scheme – A Beginner’s Guide! Read More »
Wondering what is capital expenditures? Capital expenditures or capital expense or CAPEX is the money that your company spends to generate profit in the future. It stands in contrast to operating expenses (OPEX) that deals with the day-to-day costs of the company. Capital expenditure is the money or expenses used by a company to purchase,
What is Capital Expenditure? Importance, Examples, Types, Formula Read More »
Our team of qualified accountants in London has qualifications from top accountancy bodies, such as ICAEW ( Institute of Chartered Accountants of England & Wales, ACCA ( Association of Chartered Certified Accountants & AAT ( Association of Accounting Technicians). In addition, we are on ICAEW approved employer’s list.
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