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What Is The Best Accounting Software For Self-Employed In The UK?

If you’re self-employed you’ll recognise the importance of staying on top of the latest financial requirements for maintaining your business.…

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Can HMRC Hold A Director Responsible For Unpaid Company Tax Liabilities?

A limited company has a legal obligation to pay tax on annual profits. As a director, you must register your…

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Outsourcing Payroll to Third-Party Company’s the Pros and Cons

Before investing time and effort it is essential to fully understand the pros and cons of payroll outsourcing services: What…

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How to Set Up a Limited Company and Register for Corporation Tax

How to set up a limited company? Remember each of the following steps below: Select a limited company type: there…

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What Is The Difference Between The Cash Basis And The Accrual Basis In Accounting?

Accounting is the process of recording financial transactions for businesses. This includes recording, classifying, and summarizing reports before submitting them…

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How To Calculate Accumulated Depreciation

What is the definition of accumulated depreciation? It’s basically the total amount of the depreciation expenditure allocated to a particular…

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