When you run a growing business, you understand how important it is to keep accurate records and accounts for tax obligations as needed. You fully understand that the business is its own legal entity and not an extension of you, even if you are, essentially, the only shareholder. Yet, in some circumstances, you can access money that is held within the company bank account for other reasons in what is known as a director’s loan.…
If you intend to start your own business to sell products or services, you may have made some projections and have reasonable expectations. Broadly speaking, you know how much it is going to cost you to make these products or services and how much you can charge in the current marketplace. This will give you an idea of the potential that may inspire you to take action. Yet, in between your starting point and your annual summary may lie many complications, and you need to be able to assess your progress carefully as you go.…
There is nothing more important to the growth and expansion of your business than investing in the right accounting services. An accounting service can help you streamline the daily running of your business accounts. They will also help you plan and strategise about the future by eliminating unnecessary expenses and increasing cash flow to the areas of business that have the potential for growth. One of the best ways to get the value you need in accounting is by outsourcing your accounting services.…
