11/01/2022Accounting , Business , Finance
Wondering what is the difference between revenue and income? Even as a business owner, you may find these accounting terms confusing. Revenue and income can’t be used interchangeably. You need to know both for a better understanding of the company’s expenses and overall financial health. Learning these accounting terms will help you to keep your …
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14/12/2021Accounting , Business , Finance
The cost has two main types: fixed cost and variable cost, these are incurred by a company when it plans to provide its services or products to the clients. In simple words we know the fixed cost as the cost that remains constant regardless of what amount of products are being produced by the company, …
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06/12/2021Business , Limited Company , Sole Trader
Sometimes the contractor set a company to provide their services to the clients that are known as PSC (Personal Services Company). This has been observed that agencies and clients prefer personal service companies over sole traders or people who work individually. The reason behind this could be the one that comes in between while you …
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02/12/2021Business , Limited Company , Sole Trader
Have you just thought about getting into a new business and wondering how you can join a networking group? Getting your business an enchanting logo and looking for unique ways to attract customers can be the pretty fun part of the beginning. However, do you ever think that “do I need to register my business” …
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29/11/2021Business , Limited Company
Does your company plan to make any changes in the basic information like the company address or change of name in business? It is important for you to know that business-related agencies and business authorities are the ones you need to inform. Primarily the authorities are mentioned below: Companies house HMRC If you fail to …
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Are you associated with business and wondering what is an inward investment? The simple way to elaborate inward investment is when a foreign entity makes purchases of local products or external investment intends to invest in the local economy. Simply when foreign money gets involved in the local economy. People also consider it as the …
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In recent years, after the outbreak and spread of Covid-19 in the UK and across the world, the role of statutory sick pay (SSC) has raised than ever to cope with the financial effects of the pandemic. Even before the outbreak of the virus, it used to be and is an important entitlement for employees …
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17/11/2021Accounting , Business , Finance
If you are looking for a metric to measure the profitability of your investment, Return on Investment (ROI) is the way to find out. It is the ratio that shows the financial benefit you earned against a particular investment. In simple words, it compares the cost of investment and the return you get to evaluate …
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09/11/2021Accountants , Accounting , Business
Wondering what is cash basis accounting? It is an accounting method that you need to know as a small business owner in the UK, as it is well suited for non-complicated business setups. It is a simple way to manage your finances than traditional accounting. If you’re a sole trader or a partnership business, cash …
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02/11/2021Business , Limited Company
Onward from June 2016, the UK government replaced the Annual Return (AR01) with a similar document known as the confirmation statement (CS01). This annual statement is a filing requirement that works the same as Companies House form AR01. All the registered companies and LLPs ( limited liability partnerships) in the UK are required to send …
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Aamara Waqas2023-08-27Caroline Oake2021-11-14James Smith2020-08-11For 15 minutes work Mr Burke started with 150+VAT per hour for two hours to quoting 600+VAT.Maurizio Paolella2019-12-08Reliable professionals - I would certainly recommend.Anna Ruse2019-11-21After meeting Peter Burke at a local Networking group, Cruse & Burke Accountants have been handling my self assessment tax returns, since I started working on a self employed basis over 6 years ago. They are efficient and everything is done quickly and professionally, which is great for me, as I would otherwise not have a clue how to complete them myself. I can definitely recommend their services.Alan Harwood2019-10-22John Agbai2019-06-26Very professional and knowledgeable in all aspects of taxation. A great team to have onside.Simon Piller2019-04-03Susan provides a very efficient payroll service for me.Johanna Cargill2019-01-21Excellent, no complaints. Always willing to help!Rebecca Smith2015-04-20Fantastic customer service, would 100% recommend!!
