An accountant can help you save more money in business than how much you pay him. As the chief executive, Karen Barrett at Unbiased.co.uk says, “ Because of their expertise, they’ll be able to spot tax efficiencies that aren’t on your radar.” It is important to let experts manage areas that they are good at to get the best output.
Accounting is the language of business efficiently communicated by well-organised and honest professionals called accountants.
Do companies process our data securely? What happens if ever the data gets leaked? (You already know about the Facebook data scandal )Are there ample regulations in place to handle a similar situation? Well, it is high time we concern ourselves with these questions, and the implementation of GDPR (General Data Protection Regulation) is here to assist us with the same.
Learn: How to Raise Capital for a Small Business? Raising Captial is one of the hardest things you will do in business. Take a look at the options available for an entrepreneur looking to bolster finances for a small business.
About a year back, new IR35 rules transferred the onus of responsibility in public sector contracting from the contractor to the client. Effectively, it meant that the act of determining if a contract was inside the IR35 rules or outside of it, rested with the client.
The SEIS and EIS schemes rolled out by the UK Government are intended to boost investments in startups by offering large doses of tax relief for investors
Tax advice is essential for any startup or small business. A 'Great' Accountant is what one needs. (Other option is to spend time doing the research).
The recent publication of a tribunal ruling in favour of a contractor in an IR35 case has offered hope to many who are in similar situations.The HMRC had deemed that the arrangement between Mark Daniels and Structure Tone Limited constituted a contract of employment and considered it to be within the IR35.
Get Details about Payment plan HMRC and Accounting Basics. Here is how you can find your way back to normalcy if your cash flows do not permit you to make your remittances in time.
Tax advice is essential for any startup or small business. A 'Great' Accountant is what one needs. (Other option is to spend time doing the research).