There’s nothing worst than ending up with a contractor accountant who simply doesn’t listen to you. Trust us when we say that there are plenty of them. For stress-free accounting, you need to compare contractor accountants and look out for an accountant who is willing to spend some time just listening to your requirements. Luckily,
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There are around 5.9 million private sector businesses in UK. Tax is one common issue for all businesses. Even if you’re doing your payroll or business transactions right, you always need someone to help you out with the taxes at the end of each year. So who helps you out with all the taxes? That’s
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The flat rate VAT scheme is a simplified scheme for small businesses. Under the flat rate scheme, VAT-registered traders pay a fixed percentage of their VAT inclusive turnover to HMRC instead of the difference between the VAT that they charge and the VAT than they incur. The flat rate percentage depends on the business sector
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The Coronavirus Statutory Sick Pay Scheme allows smaller employers to reclaim some or all of the Statutory Sick Pay (SSP) paid to employees who are absent from work due to a Coronavirus-related absence. Eligible employers An employer is eligible to use the scheme if the employer had fewer than 250 employees across all their PAYE
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The 2020/21 tax year comes to an end on 5 April 2021. The last few months of the year are a good time to undertake a review and to ensure that allowance for the year is not wasted. Nature of the dividend allowance One allowance that is available to all taxpayers, regardless of the rate
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The self-assessment tax return for 2019/20 must be filed by midnight on 31 January 2021. If you miss this deadline, you will automatically receive a late filing penalty of £100, regardless of whether you owe any tax, unless you are able to convince HMRC that you have a reasonable excuse for filing your tax return
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Finding the necessary funds for your business can be a challenging task. You can find multiple grants and reliefs offered by the government department, but understanding the steps, stages, and rules is the tricky part. A professional accountant can help you and you can compare accountants in UK through our platform. We will shed some
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Customer satisfaction should top on any company’s priority list. If you don’t have happy customers then no matter how good of a job you are doing, it will never be enough. Everyone ought to have a customer satisfaction checklist which they can use to evaluate their customer service as they get feedback from their clients.
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Advertising is important for any business. If there is no advertisement then how can one even expect for people (their target market) to know about their product/services existence? Just building a business is not the only thing to get clients but advertising plays a vital role. Everything does not have to be expensive and advertising
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Self-employed businesses have to negotiate VAT while running their business on a daily basis. As a business owner, you are involved in everything including VAT obligations. This is crucial and you have to know what is VAT and how it works. What is VAT? VAT is a Value Added Tax that the government charges on
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