Carrying out the year-end accounts is more than just playing with numbers; it’s about keeping a check and balance on the company’s accomplishments and the challenges faced so far. Any business entity needs to keep up with its financial progress throughout the year so that it can address its shortcomings timely and work for betterment. […]
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More than half of the population will be clueless when asked to fill a self-assessment tax returns form. This is because these forms are complex, and the filer usually requires the help of a professional to understand the financial terms. This is the reason that it is better to hire the services of someone like […]
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Keeping a detailed account of all the financial transactions taking place in a company on a day- to-day basis is referred to as Bookkeeping. It forms the basis of the accounting system of a firm and is carried out by a professional bookkeeper. The information is then transferred to an accountant who analyses it and […]
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Irrespective of the controversies attached to the VAT services, more than 160 countries use ‘Value-Added Taxation’. VAT is unpopular amongst the supporters of progressive taxation since it is applied equally on all kinds of purchases. It is collected at each point of the manufacturing, distribution, and sales process, putting the burden on all the parties […]
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Running your own payroll can be complicated enough and consume a lot of time, especially with the complexities involved in employment legislation and taxation. The businesses have been over-burdened to comply with the conditions and in case of any kind of non-compliance, they have to face heavy penalties. Payroll is not just about generating the […]
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All the private and public companies, irrespective of their size, are bound to pay UK corporate tax which is levied on their generated profits. A certain amount is charged on the trading or investment revenue or on the capital gains. All the organizations based in the UK are bound to pay this tax no matter […]
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Since the launch of QuickBooks, more than 98% of its users have confirmed that using it helps them in running their businesses more efficiently. It can reduce all the financial management hassles to a great extent and ensure a smooth running of your fiscal operations. There’s hardly a financial operation which cannot be performed by […]
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Auditing and assurance are about attesting to the accomplishments and challenges of the company, integral to its development in the long run. A high-quality audit is not only beneficial for the business but also ensures a stable and progressive economy in the society in the long run. The vast knowledge and professional expertise of Fair […]
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