Apologies for a simple question but i am struggling to understand why an increase or decrease in finished goods impacts the P&L?

Hello, I'm really sorry for a naive question. I do have a payroll of standard £1047.50 (£12570 per year) which I manage through commercial software. It ...

The concept of the 9 to 5, while thrust into a more jovial tone by Dolly Parton in 1980, was introduced by Henry Ford 54 years earlier at a time when ...

If you receive a supply of services from Saudi Arabia for subconsultant fees for a Saudi Arabian project, should they be charging their local VAT of 15% ...

Large firms of accountants often shower employees with benefits in kind, many of which are of questionable value and can be irritating when they generate a ...

Hi, I have a client that is closing the company and has about 20k in cash. They're retiring (won't get the state pension yet), so there won't be any earned income for this tax year. They had one month ...

Prenotification is only required for claims with accounting periods beginning on or after 1 April 2023. If the company has submitted a claim within three years of the end of the claim notification ...

Hi A client is refurbing a building with a new lease of 20 years.  They have break clauses every 2 years.  the refurb is £750k net, VAT 150k.

With entries to the 2024 Accounting Excellence Awards now open [1], Karen Kennedy, director at Kennedy Accountancy, and ...

Cybersecurity is a top priority for many accounting firms – and for good reason. In 2023, about a third of UK businesses ...

In most businesses there are certain individuals who hold the key to driving growth and revenue. However, when one of these ...

I can't be the only one to notice that recent there is a boom of accountants that give bad advice and are utterly unfamiliar with the legislation.