In today’s digital age, it’s easy to feel overwhelmed by the sheer amount of time spent online. However, research shows that modern technology saves the average person around two weeks every year on everyday tasks like shopping and banking. This time-saving potential extends to the business world as well, particularly in the realm of accounting […]
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Choosing the right accountant is a critical decision for any business owner. An accountant does more than just handle your financial records—they can offer valuable insights, ensure compliance with tax laws, and help your business grow. Here’s a comprehensive guide to help you choose the right accountant for your business. 1. Identify Your Needs Before
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What is Cash Basis Accounting? Cash basis accounting is a simplified method of recording business income and expenses. Under this system, you only record income when it’s received and expenses when they’re paid, unlike traditional accounting which records transactions when they’re incurred. Key Changes to Cash Basis from 6 April 2024 Starting from the 2024
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