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Benefit In Kind: Everything You Need To Know

Understanding Benefit in Kind (BIK) is essential for both employers and employees in the UK. A benefit in kind refers to any non-cash benefit ...

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HMRC open on a mobile phone placed on a table
  1. insight
  2. Tax
Navigating the New Tax Year 2025/26: Essential Updates for Individuals and Businesses
As we usher in the 2025/26 tax year, significant changes are set to impact both individuals and businesses across the UK. From adjustments in ...

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year end accounting checklist
  1. blog
Year-End Accounting Checklist: The Need-to-Knows
The end of the fiscal year represents a pivotal period for finance teams, often necessitating an effective accounting year end checklist to ensure ...

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accounting mistakes to avoid
  1. blog
Accounting Mistakes to Avoid in 2025
Accounting is the backbone of any business, ensuring that financial health is maintained and growth opportunities are maximised. However, even minor ...

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HMRC tax enquiry letters with pound coins and notes
  1. guide
HMRC Tax Enquiries: Everything You Need To Know
As a business owner, your financial affairs, including income tax compliance, may come under HMRC’s scrutiny. And a tax enquiry can seem like a ...

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HMRC enquiry with pound coins
  1. guide
HMRC tax enquiries: how common are they?
Navigating the complexities of tax compliance is a challenge for any business, and the risk of an HMRC enquiry is a concern that no business owner ...

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female accountant with documents in office. Outsource Accounting and tax service.
  1. blog
Outsource Accounting Services: 5 Signs Your Business Should Start
Running a business comes with its fair share of challenges, and managing finances is often one of the most daunting tasks. As your business grows, so ...

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female hands working on modern laptop
  1. blog
Traditional Accounting vs Modern Accounting: What’s the difference?
Accounting is the cornerstone of any business, ensuring financial stability, compliance, and informed decision-making. However, over time accounting ...

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christmas party BIK
  1. Benefit in kind
Christmas Party Benefit In Kind: Everything You Need To Know
1. What is a Christmas party benefit in kind? A Christmas party benefit in kind is a staff social event that may be treated as a taxable benefit by ...

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woman getting professional accounting services
  1. blog
How Professional Accounting Services Can Transform Your Business
In today’s competitive business landscape, having a firm grip on your financials is not just a bonus- it’s essential. Professional accounting ...

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hired accountant helping with accounting processes
  1. blog
Top 10 reasons to hire an accountant
Did you know, each year, around 82 per cent of small businesses fail due to poor cash flow? Managing your finances effectively is a crucial element ...

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accountants discussing accounting services
  1. blog
What does an accountant do? Everything you need to know
If you’ve ever wondered, “What does an accountant do?”, you’re not alone. While 91% of small businesses are already using an external accountant, ...

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  1. blog
Accounting Outsourcing: Unlocking Business Potential
Accounting outsourcing services can be the next step in your business journey. It can propel the growth of your business and optimise your budget, ...

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