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The small business guide to MTD for VAT penalties

Xero

If you’re a VAT-registered business , you may have received a letter or email from HMRC, informing you that the new penalty system for Making Tax Digital (MTD) for VAT is now in place. Businesses that frequently miss deadlines will accrue points that will translate into fines if they reach a certain points threshold.

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Tax Preparation for Small Businesses: A Comprehensive Guide for Accountants

Intuit

Taxation for small businesses is an ever-changing landscape where evolving regulations keep you on your toes. It’s a complex field, which is why we’ve created this guide to help see you through. The structure of the business itself, as well as its customary practices, plays a significant role.

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A Small Business Guide to Building Out a Chart of Accounts in QBO

Accounting Department

QuickBooks Online makes a chart of accounts accessible, but it's up to you to tailor it to your business's unique structure and financial tracking needs.

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The Transition to Outsourced Bookkeeping: A Step-by-Step Guide for Small Businesses

Less Accounting

Outsourced bookkeeping is a strategic service that many small businesses turn to in order to maintain accurate financial records without the overhead of a full-time accountant or bookkeeper. This solution can streamline financial management, reduce costs, and allow business owners to focus more on core business operations.

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Gross vs. Net Income: A Guide for Small Business Owners

Counto

Gross vs. Net Income: A Guide for Small Business Owners Understanding the difference between gross and net income is crucial for small businesses, startups, and entrepreneurs in gauging their business’s financial performance. What is Gross Income? What is Net Income?

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The Singapore-Malaysia Double Taxation Agreement: A Small Business Owner’s Guide

Counto

The Singapore-Malaysia Double Taxation Agreement: A Small Business Owner’s Guide As a small business owner, navigating the complexities of international taxation can be a daunting task. The DTA benefits individuals and companies, including small and medium enterprises (SMEs), operating across both countries.

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Guide to Choose the Right Estimation Software for Small Business

Invoicera

Navigating the business landscape as a small enterprise comes with its fair share of challenges. In this blog post, we’ll guide you through the essential details of estimation software, key considerations during your selection process, and additional tips to streamline your search.