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write off loan

What are Implications of Written Off Loans?

Despite getting constant aid from the government, many businesses are still struggling to keep up with profits after the pandemic. Corona business interruption loan scheme and bounce back loan scheme are some of the leading examples of the steps taken by the government to help out big and small-scale businesses. Many businesses may not be […]

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corporation tax

Here’s all you need to know about the tax implication on a limited company

Limited companies pay different taxes, and the most prominent one is the corporation tax or knows as ‘company tax.’ They have to pay this tax each year based on the profit figures states in their annual tax returns.  Corporation tax rates in the UK Currently, the corporation tax rate in the UK is 19%. The

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payroll charges

What is the average cost for a good payroll accountant?

Getting your Payroll done every month needs vigilance and professional accounting knowledge. You can hire an onsite accountant or choose to outsource the task to an independent accountant who will take payroll charges depending on your company size.  While there is a strong point on maintaining an in-house accountant if the company is significant, but

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software for accountants

Know What to Look for in the Right App for your Accounting Practice

You’re probably already taking a really big risk of getting into a new accounting practice. Do you want to take another risk with software for accountants? You’re probably already looking for something that works out. Here’s the easy way out: use common sense. Let us tell you what you’re looking for: you’re looking for software

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