If you are trading as a sole trader, you can transfer your business to a limited company. By forming a limited company, your business will see some added benefits.
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In-house payroll means you or one of your employees are processing payroll for all of the employees in your company. You are probably going to
Looking for a best payroll software for your business? There are almost 136 of HMRC approved payroll software available in the market. So which one
Sage Vs Xero: Which Accounting Software Is Best for You? Before comparing Xero vs Sage it is important to understand the difference between cloud-based accounting
Sage Vs QuickBooks: Which Accounting Software Is Best for You? Not sure whether to get Sage or QuickBooks for your business? For any business, it
New Rule for Capital Allowance Announced by Rishi Sunak For every £1 you spend you can claim £1.30 from HMRC According to Chancellor Rishi Sunak’s
There are two ways to calculate profits for partnerships and sole traders namely being cash basis and traditional accounting. This blog will consider these two
In 2019, HMRC discovered 11,129 cases of where landlords underpaid their tax or failed to pay any tax at all on their rental income which
With the end of the Brexit transition period on 31 December 2020, the UK has introduced a new ‘postponed VAT accounting’ scheme. Replacing the EU
Whether you’re a sole trader or the director of a limited company, taking on your first employee is a big moment for your business. Becoming
Cloud-based accounting. With the current second national lockdown across the UK, many business owners and employees are facing feelings of uncertainty. Living in these unprecedented
Cloud-based accounting is an essential business software in terms of simplicity, flexibility, and remote work. The search for the right cloud-based accounting software for your
New National Lockdown from 5 November: Government Introducing Various Support Schemes to Businesses and Employees Across the UK
The UK takes steps in preparation to battle CVOID-19. What Economic Support Measures are the Government Introducing to Support Businesses and Employees Across the UK?
What Economic Impact Will the 2022 Commonwealth Games Have on Birmingham? Being an accountant based in Birmingham, Commonwealth Game 2022 is exciting news for the
Do you know How To Save Tax or any Tax saving tips? Reducing” the amount of tax you pay is a tricky concept.
One of the major challenges for small businesses in the 21st century is knowing how to use business resources wisely. Most of the SMEs
Outsourcing payroll is a difficult task as you need to make sure the payroll outsourcing company is reliable and affordable for your business. This guide