Month: February 2022

Outsourced Accounting Services- The Key To A Thriving Business in 2022

Currently, many start-ups, corporate businesses, and entrepreneurs find it arduous to hire an accountant. Searching for someone who possesses the right amount of expertise in preparing a company’s financial statements, managing bank account operations and transactions, fine analysis of financial data, and preparing payment invoices is a strenuous challenge. It is a common belief that […]

1.5m Taxpayers have less than a Week to File their Returns

The deadline for avoiding a £100 late filing penalty for a 2020/21 self assessment tax return is 28 February 2022. While 10.7m taxpayers have successfully filed their self assessment tax return for 2020/21, a further 1.5m need to file by 28 February 2022 to avoid a £100 late filing penalty. The usual date on which […]

Year-end Checklist: How to Close your Small Business Books?

The final weeks of the year go through, but before you begin planning for the year ahead, it is important to plan time for bringing the current year to an end. Since closing your accounts is a vital financial responsibility at the end of the year for any company. However, it’s not always easy, particularly […]

How to Become a Virtual CFO | Accountant & Bookkeeper Guide

The face of accounting is changing. The accounting profession is going through some significant changes. There are now more firms competing with each other than ever before. Small businesses now have so much choice that ordinary services like compliance, tax preparation and basic bookkeeping are becoming commoditised. There’s so little differentiation in this crowded market […]