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Tracking the flow of money to and from your business is crucial to its financial health. To easily track the flow of money, accounting uses specialised language to refer to the different ways money moves in a business

Operating sustainably is key to business survival in today’s world because customers and investors are increasingly gravitating toward businesses with sustainable practices.

Sundry expenses, or sundries, include all the small, irregular, and infrequent expenses that can’t fit into any other expense category.

If you run a business, you’ll incur different costs. As you probably know, you can claim most of the running costs as business expenses. The more business expenses you claim, the less tax you’ll pay.

If your business is VAT-registered, you may want to deal with only VAT-registered businesses because that comes with many benefits. But how do you check if a company is VAT registered? Here we’ll answer that question and give you…

While typically, the supplier of goods and services must account for VAT on their invoice and returns, in certain industries, this has recently changed, making the recipient accountable for VAT.

There are many reasons why people need to use a vehicle for work. This can range from the obvious such as a tradesman travelling between jobs but can also include the likes of someone working from home needing to…

If you have an import business registered for VAT in the UK, you may be eligible for postponed VAT accounting. This system can grant permanent financial benefits to your business.

When you are a small business, one of your top priorities is sorting out your taxes. After all, once the tax year has finished, you will need to complete your tax return for HMRC. But keeping on top of…

When you are setting up a new business, there are so many decisions you need to make which will impact the future of your business. After all, you want a long-standing, efficient business that makes a significant profit and…