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SMALL BUSINESS ACCOUNTING

Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, are to provide information that are accurate and demonstrable.

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KPMG Small Business Accounting

KPMG Accountancy Investigations

Four senior partners with KPMG accountancy firm arrested in HMRC tax evasion inquiry

The accountancy company insists it has ‘no indication’ alleged tax evasion related to its own business or that of its clients

Four senior partners with accountancy giant KPMG have been placed on administrative leave after they were arrested in Northern Ireland in connection with suspected tax evasion.

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Small Business Accounting IR35

IR35 Changes for 2017-18

The Intermediaries Legislation was introduced in 2000 to tackle so-called ‘disguised employment’, where individuals use their own limited companies to carry out professional services, but operate in a manner more akin to a traditional ’employee’. Your take home pay will be significantly lower if your contracts fall within its scope, so take some time to read our guides and find out how to protect yourself against IR35.

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SAVE ON TAXES

Value Added Tax (VAT) is a tax on consumption levied in the United Kingdom by the National Government. It was introduced in 1973 and is the third largest source of government revenue after Income Tax and National Insurance. It is administered and collected by HM revenue and customs, primarily through the Value Added Tax Act 1994. VAT is levied on most goods and services provided by registered businesses in the UK and some goods and services imported from outside the European Union.

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ACCOUNTING 1 ON 1

Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, as discussed in the Financial Accounting standards Board (FASB) Statement of Financial Accounting Concepts No. 1, are to provide information that

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PROPER INVOICE INFO

Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, as discussed in the Financial Accounting standards Board (FASB) Statement of Financial Accounting Concepts No. 1, are to provide information that

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