News,May 2018

how much can i claim for laundry expenses

How Much Can I Claim for Laundry Expenses in the UK

26/02/2024Accountants , Budgets & Other , Business , Business Growth Ideas

Are you wondering how much can i claim for laundry expenses? Laundry expenses can be a legitimate business expense for self-employed individuals and certain types of businesses in the UK. However, the rules and regulations surrounding the deductible cost of these expenses can be complex and confusing. The purpose of this discussion is to provide …

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what is bacs payment

What is BACS Payment?

16/01/2024Accountants , Accounting , Budgets & Other

If you are seeking What is BACS Payment? In this guide, we will focus on BACS payment which is a widely used electronic transfer system in the UK that allows individuals and businesses to make recurring payments, such as utility bills, mortgage and loan payments, and membership fees. With BACS payment, the customer’s bank account …

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Autumn Budget 2021

Autumn Budget 2021: Key Points at-a-glance

27/10/2021Budgets & Other

Welcome to this special newswire. In this edition we focus on the Chancellor’s Autumn Budget. Please contact us if you wish to discuss any matters in this newsletter in more detail.   Budget and Spending Review On 27 October 2021, the Chancellor delivered his third Budget in conjunction with the Public Spending Review. Many of …

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How does Crowdfunding work? It is a way to quickly raise large sums of capital from various lenders, customers, or investors, Learn more

What is Crowdfunding and How Does It Work?

14/10/2021Budgets & Other , Business , Finance

The crowdfunding platforms provide small businesses a way to quickly raise large sums of capital from various minority lenders, customers, or investors in a short period of time. This type of fundraising is becoming more popular, and it is being utilised to fund not only businesses but also creative projects, social movements, etc. Therefore, in …

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Crowdfunding for Business

The Pros and Cons of Crowdfunding for Business

21/06/2021Budgets & Other , Business

With increasing popularity, crowdfunding has become one of the most viable ways to raise capital for your business. The emergence of platforms like Kickstarter and Indiegogo has taken its popularity to its peak by raising funds for startups and medium-scale businesses. The process of getting funds via these platforms seems easy, exciting and simple but …

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Early Payment Discount

What is an Early Payment Discount?

07/05/2021Budgets & Other

Early payment discount is also known as prompt payment discount. It is the early settlement discount buyers receive in exchange for paying invoices early. You can calculate it as a percentage of the value of the goods and services purchased. An early payment discount is a process to improve cash flow for suppliers by fast …

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What is Money Laundering

What is Money Laundering? Process and Effects

21/04/2021Budgets & Other

Money laundering can adversely affect businesses, countries, and economies. It is a three-sided offense where money is generated illegally, concealed, and turned white. In this blog, we’d discuss what is money laundering, what’s the process of money laundering and we’d briefly talk about the adverse effects of money laundering. What is Money Laundering? It is …

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