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The utilization of benefits in kind by organizations to redress or reward workers is a grounded practice in numerous nations. For some organizations, it is seen as a critical part to drive worker commitment and staff maintenance. Once in a while alluded to as ‘incidental advantages’, benefits in kind (BIK) are remittances or extra payments […]
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Do you know how to work out gross profit? This article will assist you with seeing how you can deal with your net revenues and more successfully develop your business. On the off chance that you own a business, checking your overall revenues consistently will give you the important information you need to distinguish the
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To make tax equitable and fair while calculating the taxable profits, HMRC’s way is capital allowance. It aims to provide accurate HMRC depreciation rates during publication. Regardless of whether a business entity is a sole trader, partnership, or limited company, capital allowance is the tax equivalent of depreciation. This blog aims to look at claiming
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Being in control of your finances gives you peace of mind and helps secure your future. To achieve this, you need to engage in financial planning to stay in control of your income, investments, and expenses. Here are four Financial Planning Tips for Maintaining a High Net Worth. While accumulating more money and assets is
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Cashplus is a technologically innovative bank that offers a wide range of banking solutions for its customers in the UK. Being the best alternative to high street banks, Cashplus business account is well suited for small businesses. It suffices the banking needs of small enterprises and startups. Established in 2005, Cashplus is pretty straightforward, you
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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
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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
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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
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Generally, the difference between turnover vs revenue seems straightforward. As these are commonly used as interchangeable terms and in some cases, they refer to the same thing. Most often, they mean the total income of a business that is generated by selling goods and services in a certain period. However, there are differences that you
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New to setting up your Business Venture and don’t have Accounts Background? No Worries, we’ve got you here! In this post, you will learn to be a pro at setting up Sales Ledger and Purchase Ledger. Being new to the business world, the first requirement before stepping in is to gather the right kind of
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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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