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The Construction Industry Scheme (CIS) rules set out how tax is managed by contractors and subcontractors working in the UK construction sector….
Read MoreFor businesses, outsourcing work means specific tasks or functions are given to external service providers to handle, instead of them being dealt…
Read MoreAccruals are amounts of money a business expects to receive or spend, which haven’t been paid yet. This method is sometimes referred…
Read MoreThe Construction Industry Scheme (CIS) is an area of the tax rules which impacts the way that contractors and subcontractors who work…
Read MoreThe UK’s economy depends on innovation, which is why some businesses can claim tax relief if they work in the creative sector….
Read MoreDepending on how much you earn as a sole trader, you might need to register for Self Assessment so you can pay…
Read MoreThe number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?
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