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Starting your own business is exciting but does come with some important decisions of which the first is what legal structure is going to be best for you. The structure you choose determines how you pay taxes, what your personal liability is, how you manage your accounts, and how you grow your business. In the… Continue reading Should I Set Up as a Sole Trader, Partnership, or Limited Company?
The UK tax system is incomplete without Capital Gains Tax (CGT) which is usually overlooked until it’s a problem. That applies to the profit you make when selling or giving away something that has grown in value, and the tax is levied on the gain, not the entire proceeds. Individuals and businesses need to understand… Continue reading Understanding Capital Gains Tax: How It Affects Individuals and Businesses in the UK
Audits by HM Revenue and Customs (HMRC) can be scary for UK businesses. But with the right planning and compliance, you can go through the process confidently and stay financially sound. From a small enterprise to a growing medium-sized business, this guide will give you an overview of the audit process, actionable preparation steps, and… Continue reading Preparing for HMRC Audits: A Stress-Free Checklist for UK Companies
On September 10th, 2024, in a groundbreaking decision, the Court of Justice of the European Union (CJEU) ruled against Apple and the state of Ireland, upholding the European Commission’s (EC) assertion that Ireland aided Apple with preferential tax treatment. In this ruling, the CJEU has overturned a 2020 ruling by the EU General Court (GC). … Continue reading Landmark CJEU ruling confirms that Ireland provided unlawful State aid to Apple
Due to the latest technologies and the Internet, UK online accountants offer great changes in the financial management process. The old-school barrier to accounting has been broken and one can get uninterrupted and efficient services from his accountant through an online platform. This new methodology relies on readily available technological solutions to give a real-time… Continue reading Revolutionizing Financial Management: The Rise of UK Online Accountants
An unethical success is no success; an unethical growth is only degradation; an unethical idea is just a waste of time. Real success and growth always stand on the basis of ethics. When things land onto accounting ethics, it becomes more about the accountants who are the key operators of financial information of various organisations,… Continue reading Understanding Ethics in Accounting and Auditing
Business growth is resultant of accelerated operational efficiency and improved working capital. Very often, when businesses run short of cash, it isn’t because the company is running short of it, but the amount stuck in the balance sheet. This results in businesses falling short of achieving their goals and reaching efficiency targets. Accounts receivable play… Continue reading Improved Cash Flow: 3 Accounts receivable practices to avoid
Every small business accounting service is in diligent need of schemes that would allow businesses to get paid on time! When the payments are made adequately on time, it ensures better financial management and money flow. There are many ways in which companies can boost their payment processes to ensure stable financial management. It becomes… Continue reading How to get paid on time? Tips for accounts receivable
Surveys conducted across the globe have revealed that almost 85% of companies outsource at least one task, and outsourcing tax and accounting services are the most common ones amongst all. What is outsourcing? Outsourcing is the process of handing over an entire curriculum of a specific area of work to another organisation to reduce costs… Continue reading Benefits of outsourcing your accounting and bookkeeping services
With Accounts Payable, a resonating fact persists: the longer you take to process an invoice, the higher the cost is affecting the firm’s pocket in the most unwanted manner. Mistakes in accounts payable can lead to: Inefficient handling of accounts payable can push the firm into various unwanted circumstances that can end up feeling like… Continue reading Accounts Payable risks faced by businesses: Ways to mitigate them
The coronavirus pandemic brought the world to a standstill, especially business. The global economy saw a drifting downfall due to multiple reasons. Now that the economy is gradually recovering, the businesses are slowly getting back onto their feet. This is a great sign for companies patiently waiting for a positive change. The recession phase that… Continue reading 4 best practices to optimise your accounts receivable process post covid
Meeting for meagre details seems to be an outdated idea. In the world of growing business, frequent real conversations appear to be an idea imparting inconvenience. The world is settling virtually, the ideas envision a new platform of execution, and all these transformations stand real. Now, finance and accounting outsourcing services can process seamlessly through online communication.Time… Continue reading Outsource your finance and accountancy with seamless online communication
“Time and Tide wait for none.” Quality work on time is the one thing a detrimental company has in its rule books. Punctuality for us is not just a choice; it is a principle rule on which FinBridge stand. At the same time, we are resistant to delivering quality accounting and tax services. Punctuality and quality… Continue reading Punctuality and quality check: The trait of character we swear by in delivering your accounting work
Have you been suffering from great financial losses and unable to dig the area of detachment? Finances might not be the core activity of a certain business organisation, but it is definitely a crucial one. Tracking the missing points in the small business accounting services is a very integral task. A very chief component of any business… Continue reading Financial Partnership: We help you navigate the losses to land your business on the right track
Almost 54 per cent of global companies take the help of finance and accounting outsourcing companies, along with outsourcing of several other peripheral tasks. It is probably one of the main reasons the economy has been experiencing rapid growth in recent years. It is a tenacious job to find yourself knowing everything as an entrepreneur or as… Continue reading Complete the checklist before you find your accounting and financing, outsourced partner
Corporate accounting for small businesses involves a lot of required check-ups and interpretations. As an entrepreneur or senior supervisory group member, you understand that weighing multiple possibilities against a given requirement or arrangement is a valuable skill. Suppose you’re thinking about buying anything or getting services from a seller. In that case, you’ll probably receive around… Continue reading What is your accounting and finance function’s total cost of ownership?
Finance and accounting outsourcing can bring a very satiable peace in the life of all the beings that are working in an organisation. Multiple platforms show the benefits of outsourcing finance, but the structure doesn’t seem very simplified. Needless to say, outsourcing accounting for small and medium firms is a very profitable and convenient approach. But,… Continue reading Know the reasonable outcomes of outsourcing finance and fanatics for your small business
Outsourcing is a process in which companies hand out work to external suppliers. You can execute every work process from the external location of the company. It is also known as offshore outsourcing or management accounts services. It allows the organisation, at low operational expenses, to obtain high-quality services. In most cases, a financial solution that you… Continue reading How is outsourcing financial management cost-effective for your business?
Are you juggling to find a balance? Do you find numbers hallucinating? Is your team lacking in the core area of business? Are you looking for a good accounting outsourcing company? Has accounting management ceased the road towards innovation? Are you in quest of a perfect solution to your problem? Well, problems come with solutions that define… Continue reading Is maintaining a proper financial record chaotic? Wait, we got you!
When it’s a new business, all the businessman does wrong is try doing it all by themselves, but the fact is you can never do all the work by yourself. A small scale business requires a lot of talent and efficient workers, which most of the time they don’t get. This is the moment where… Continue reading 5 Benefits of Outsourcing Finance Work in Small Business Firm
