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Profit is the positive financial gain a business makes after you’ve subtracted all the business’ expenses. Every business likes to make a healthy profit but
Managing business expenses Keeping purchase invoices, otherwise simply known as receipts, is an integral part of the bookkeeping process for any business. For small businesses,
This guide covers income tax thresholds, the personal allowance, national insurance and more for the tax year 2021/22, starting 6 April 2021. These rates and
Unlike sole traders, limited companies are legally required to file their statutory year-end accounts with both HMRC and Companies House. The reason for this is
Tax Benefits Of Electric Vehicles If you need any other reasons to make the switch from petrol or deisel vehicles, how about the tax benefits
Automate Data Entry of Your Receipts, Bills, Invoices ‘Gone’ are the days where you keep your pile of receipts and invoices in a box for
Tax reduction is an interesting concept. Although responsible individuals and companies are keen to pay their dues. They also don’t want to have to hand
In addition to understanding the difference between a sole trader and limited company. There are several factors involved in making the right decision on changing
The Bounce Back Loan Scheme (BBLS) enables smaller businesses to access finance more quickly during the coronavirus outbreak. The scheme is designed to provide quick
The UK Government has given number of financial support programs for small business during these difficult times. Some of these are the Coronavirus Government Backed-up
Government Support for small sized businesses: Coronavirus Business Interruption Loan Scheme (CBILS) The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial government support to smaller
Gov UK Coronavirus Business Support for Sole Traders and Members of Partnership: Self-Employment Income Support Scheme (SEISS) The Coronavirus Self-Employment Income Support Scheme (SEISS) offers
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