Capital Gains Tax (CGT) is a tax on the profit (the gain) you make when ‘disposing’ of an asset which you own….

The terms bookkeeper and accountant are often used interchangeably, but despite the similarities of their roles, they’re actually quite different. In this…

If you are currently looking into buying or selling a business, then there’s a good chance you’ll come across the term “letter…

Profit and loss reports are a key aspect of running a successful business, so in this article we explain what the terms…

When something ‘depreciates’ it loses value. This is particularly important for businesses because they use this information to allocate the cost of…

Overheads are costs which you incur in order to run your business, but they aren’t directly related to the product or service…