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Can I Freelance Whilst On Furlough?

The good news is that yes, you can take on work from other sources, even whilst on furlough. This could be another…

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What is an Online Digital Accountancy and How Does It Work?

Online accounting is largely the same as regular accounting. Instead of meeting your accountant and bookkeeper in person, you’ll communicate with them…

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What Will Help My Business During a Recession?

With the threat of a recession looming, businesses and individuals are now starting to panic. How you act during a recession can…

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What Should I Know About Buying A Business?

Buying a business can be a complicated process, but one which can offer plenty of benefits. Buying an established business that you…

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How Does HMRC Audit a Small Business?

Worried about HMRC investigations? We’ve put together a quick guide on what to expect from an HMRC audit, as well as some…

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Understanding Accountancy Terms: Accruals

How businesses record due payments and expenses looks different for different companies. There are two methods of recording transactions to be aware…

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The 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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VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

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