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Our professional view
Should I select XERO as my accounting software?
When you start up a new business there are a lot of different aspects to consider. Over and above products, price, location, employees, premisses and marketing decisions you also need to decide on appointing an accountant and which accounting system to use. What is...
Cloud Based Accounting: Are you ready?
Why should I convert to Cloud Based Accounting? Before you can consider the benefits of Cloud Based Accounting you first need to understand what it is and how it differs from historic accounting systems. Historically Up to the early 2000’s it was common practise for...
What is the UK tax relieve measures in response to COVID 19?
(As on 9 September 2020) The UK government announced several relieve measures to assist the public and business during COVID 19. These measures are intended to be temporarily. VAT: Payments due 20 March 2020 – 30 June 2020 Taxpayers can elect to defer VAT payments due...
How should I structure my business buyout?
Buying the shares of the Company From a practical point of view:In this case you will be paying the current shareholders a sum directly and the shares in the company will be transferred to you. This implies that the full business operations including all its assets...
What business vehicle will suit my business?
Choosing the best business vehicle for your business is of utmost importance and can make or break your business. The answer is however not simple and dependent on various factors such as the type of your business, the size of your business and the personal...
Why using an accounting platform for your business is crucial
Cloud accounting platforms for your business. Thinking about Xero or SageOne? Use the tech to your advantage. When people think of an accounting system the daunting, throat tightening, stress-inducing thought of admin, cripple any business owner. Most major accounting...