Inheritance tax (IHT) is the tax on the estate, which is passed on due to the owner being deceased. The estate includes the property, money and possessions. This transfer rate was created on the 18th of March 1986. Working hard all your life being taxed, just to pay taxes after death. It is a tough […]
Bookkeeping your SME may seem like an easy task. Bookkeepers play a crucial role when it comes to bookkeeping your SME. Bookkeeping can be done in many ways such as collecting, organising and taking note of invoices. If you are a small to medium enterprise this guide will help you with why you need bookkeeping.
Undoubtedly the number one way a property owner can maintain and make the most of their money is by having good and efficient accounting done by professional property accountants. The issue with that, of course, is that there are many different aspect to property accounting that they need to keep track of. Fortunately, we can help you out by giving you an idea of what you need to know when it comes to property accounting, property tax and more.
Did you know that there are more than 5 different ways that bookkeeping can save you money? You can save money on taxes, payments, making and shipping products. Bookkeepers help manage Your Profit limit. Owning a small business means having a small profit limit, and a bookkeeper can help keep track of these limits. A […]
As a start-up it can be very difficult to get your business off of the ground. Many start-ups need a start-up business grant in order to get their ideas up and running. These are usually provided by private investors, or are government grants. Grants for small businesses can typically be hard to acquire, but recently the government has rolled out a new future fund.
Bookkeeping can be defined as how a company or organization keeps track of any financial transactions. Let’s be honest you probably knew that already. Whether you are a trained bookkeeper who is an online bookkeeper or not you could be making any one or multiple of these bookkeeping mistakes.
If you are at risk of being audited and examined, the first thing you should do is seek professional tax advice. Similarly, if you receive collection letters threatening your wages or the tax levy letter for your bank account, you should seek professional tax advice. Thus, this blog is going to outline which tax issues […]
A break-even point is an important financial component to any business which deals with a product or service. Understanding what it means, and how to calculate it helps you evaluate your business’ revenue model and how profitable it is. This blog will provide you with all the necessary information you should know about break-even points.
As a property owner, there are a variety of different accountancy services that you need to be aware of. You need to keep track of all rent received and all expenses (landscaping, maintenance, etc.) which can be difficult to wrap your head around. Today we’re going to help you wrap your head around it.
Bookkeeping is a key part of accounting. While it’s integral for many large businesses, it’s also an important part of accounting for freelancers and start-ups. There are many pitfalls and issues that can occur from this important part of accounting, but today you’ll be able to find out how to avoid these issues.