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accountant

What are the Benefits of Outsourcing Your Accounting Services?

Many small businesses, startups, and entrepreneurs find it difficult to hire an accountant. Especially with the right skills to prepare your company’s financial statements, manage bank accounts, analyze financial data and prepare invoices issued. Nowadays it is even more difficult to find a qualified and suitable person at an affordable price. More than 1/3 of …

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tax accounting

What is the Difference Between Cash Basis Accounting and Traditional Accounting?

There are many decisions that need to be made when starting your own business. One is the use of cash accounting or traditional accounting. An accountant will recommend the best method for your business, but it can not hurt! Traditional Accounting Traditional accounting is sometimes referred to as accrual accounting or accrual. With this billing …

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Has the UK Government Extended the Self-Assessment Return Deadline?

Well, yes it has. The government has extended the self-assessment tax returns deadline to 28th Feb. 2022. HMRC announced last week that it has extended the deadline for submitting self-assessment to February 28, 2022, in an effort to reduce pressure on accountants and officers who are unable to reach their full potential due to the …

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accounting

The Benefits of Becoming a Public Limited Company

Establishing a public limited company can sometimes be the most tax-efficient corporate structure for its directors and shareholders. There are several types of companies including: Company with limited liability A limited liability company Unlimited private company Most companies are limited to stocks. This means that the value of the shares owned will limit the shareholder’s …

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