In case you need to pay the unexpected expenses, an overdraft may be a thoughtful way of borrowing money from your bank in the short term. However, before using an overdraft, you should be aware of everything associated with it. Understanding the advantages and disadvantages of an overdraft can assist you in minimising, and even …
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04/10/2021Business , Business Growth Ideas , Limited Company
You may want to change your company’s share structure by adding a new shareholder, or changing the current percentage of shares between the shareholders; this is where the allotment of shares comes into play. In the allotment of shares, the company issues and allots shares to new or existing shareholders. The shares can be allotted …
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30/09/2021Business , Finance , Personal Tax
Are you accepting cash in hand work? If yes, then you should know how you’ll be taxed on it. The taxes will be based on your circumstances, for instance, whether you are a registered self-employed person, a student, or have a job. This blog will explain how HM Revenue & Customs reviews cash in hand …
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30/09/2021Business , Finance , Limited Company
Small businesses need to know about accounts payable and accounts receivable and their differences because helps them to get a better knowledge of their accounting process. In the world of business, where often you need to buy goods on credit, while you may also sometimes be needed to sell out them on credit. That is where …
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27/09/2021Accountants , Accounting , Business
Accounting data is collected in financial accounting to generate financial statements. Managerial accounting, on the other hand, is an internal accounting method that is utilised to account for all company transactions. This is the key distinction between financial accounting and managerial accounting. This blog will let you know about the differences between these two types …
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24/09/2021Accounting , Business
Financial statements are essential for your business as you can not secure loans, sell your business, or plan expenses without them. These statements are produced through the accounting cycle. So, to run your business smoothly, many employers require an ongoing cycle of tasks. This cycle consists of multiple steps that are designed to turn all …
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23/09/2021Business , Finance , Limited Company , Misc
In a defined benefit pension scheme, the amount of money you get in retirement is based on the number of working years for the company and your earned salary. So if you are looking for a significant source to know about DB pension, then you have just found the right post. This blog will inform …
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20/09/2021Accounting , Business , Finance , Limited Company
A company balance sheet contains the term “equity.” But this term is also common in personal finances, accounting, and amongst investors. This blog will inform you about what is equity, its different forms, and why it is essential for businesses and shareholders? So, let’s start to explore more! Our accountants at CruseBurke are qualified …
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17/09/2021Business , Limited Company
Knowing the difference between a registered office address and a business address can be confusing if you establish a limited company in the United Kingdom. Many individuals use addresses interchangeably, but each address has different purposes. Therefore, when it comes to the rules of the company address, you must follow them strictly when using, locating, …
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In addition to your salary, if you are receiving any other benefits as part of your job, you may receive benefits in kind (BIK). Some BIK perks are tax-free, and some incur tax. In this blog, you will come to know about what BIK is, it is taxable, what tax you need to pay on …
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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!!
