Bookkeeping has always had a reputation for being a difficult task that is tough to deal with. If you’re a sole trader, you may also feel this way. But with…

Statutory accounts are fundamental in financial reporting and offer an extensive summary of a company’s overall financial position and performance. This article focuses on various aspects of statutory accounts, such…

The VAT Flat Rate Scheme is a simplified method for small businesses to manage their Value Added Tax (VAT) obligations. By simplifying the VAT accounting process, the scheme provides benefits…