July 16, 2023Comments Off on How Tax Accountants Foster Sustainable Growth in Businesses Posted in: Uncategorized
Tax management is a critical aspect of business operations, and it plays a crucial role in fostering sustainable growth. However, navigating the complexities of the UK tax system can be challenging for businesses. That’s where tax accountants come in. In this informative article, we will explore how tax accountants, including tax advisors, tax specialists, property accountants, business tax accountants, and personal tax accountants, foster sustainable growth in businesses by providing essential services such as tax returns, limited company accounts, corporation tax returns, and capital gains tax returns.
Tax accountants serve as trusted tax advisors, offering guidance on tax planning and compliance to businesses. They possess extensive knowledge of the UK tax system and stay updated with the latest tax laws and regulations. Tax advisors work closely with businesses to develop effective tax strategies that align with their financial goals. By analyzing financial data and providing insights into the intricacies …
February 25, 2020Comments Off on 3 Biggest Mistakes New Businesses Make Posted in: Business
Starting your first business is no small task. There are plenty of things that can go wrong when you’re new in the business world. One of the best ways to avoid common mistakes is knowing what they are. By identifying the most common flub-ups that business rookies make you can reduce your chances of it happening to you.
To help you navigate the world of being a business rookie, here are some of the biggest mistakes new businesses make.
Lousy Accounting
Not everyone can be good at everything. You may be lousy at accounting, but excellent at business ideas. In an effort to save money, you do your own accounting, and there are major flaws. Ideally, you should hand over your accounting to someone else who has been professionally trained.
However, that doesn’t mean you should turn a blind eye and assume they’re doing everything right. It’s not uncommon for …
October 18, 2019Comments Off on Bricks-and-mortar food businesses have alternatives Posted in: Business
Setting up a business can involve a lot of outlays. Chief among these
can be establishing a permanent base, as the combination of commercial rents
and recent increases in business rates can be a hefty disincentive to renting a
place to house the business. Competition is tough, both online and on the high
street, and for a food business, a kitchen is generally required too.
Another way of approaching things is to distribute food products out of a
series of pop-up stores. The pop-up has become a trendy feature of life in
large cities. To learn more about the culture of the pop-up, see this report in
The Guardian.
For a food business, the pop-up offers advantages such as getting the product
out in a new area, without the attendant costs of having to establish a
permanent store and preparation area. With pop-ups, the main …
March 9, 2017Comments Off on An employment equity training programme truly is a cost worth bearing for all businesses in South Africa Posted in: Uncategorized
An employment equity training programme truly is a cost worth bearing for all businesses in South Africa. Let us take a look at why.
Firstly, there is the law to consider. The employment equity act was drawn up to give a voice to those who have been side-lined for too long. Employment equity training will allow a business to learn the tools which will give them an opportunity to help these individuals through learnership programmes to setting up a safer environment alleviating discrimination.
Second, there is BEE to consider. Employment equity makes up one of the factors that leads to a company’s total score on the BEE license. The higher the score, the better the benefits that the company will enjoy. The bonus to making up one of the factors is that it is here that a major portion of points can be scored. With this in particular, employment equity …