e-Commerce Accountants

Affordable Accounting from AAT-Registered Accountants

Leave a Comment / Business, Charity Accounts, Contractor, crypto, e-Commerce Accountants, Landlords Accountant, Self Employed, small business, Tax Return 2024, UK VAT / Michael Burris

When it comes to managing finances, finding an affordable accountant who still delivers competent, reliable service can make a big difference to your bottom line. However, not all “cheap” accountants are created equal. If you’re looking for budget-friendly accounting services, an AAT-registered accountant can provide exceptional value without high costs. AAT (Association of Accounting Technicians) […]

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Director Loan Accounts and Section 455 Explained

Leave a Comment / Business, Charity Accounts, Contractor, e-Commerce Accountants, Landlords Accountant, small business / Michael Burris

Discover how Director Loan Accounts work and what Section 455 tax means for UK business owners. Learn key rules, repayment timelines, and tax implications. Outline What is a Director Loan Account? Types of Director Loan Accounts What is Section 455 Tax? How Section 455 Tax Works? Example of Section 455 Tax Interest on Director Loans

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Simplified Expenses for UK Taxpayers: What You Can Claim

Leave a Comment / Business, e-Commerce Accountants, Self Employed, small business, Tax Return 2024, UK VAT / Michael Burris

If you’re self-employed or run a small business in the UK, managing your expenses is an important part of saving money on taxes. One way to make this easier is by using simplified expenses. These are flat rates set by HMRC, so you don’t have to work out exact costs or keep loads of paperwork.

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Implication of Making Tax Digital on Income Tax

Leave a Comment / Business, e-Commerce Accountants, Landlords Accountant, Self Employed, Tax Return 2024, UK VAT / Michael Burris

That is all about to change with the development of the country toward a more digitized economy and how taxes are managed; that surely will change the face of obligation for all self-employed workers and small-scale businesses. The scheme involved is Making Tax Digital, which would give face to a new manner of filing tax

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Should you voluntary register for VAT?

2 Comments / Business, e-Commerce Accountants, Landlords Accountant, Self Employed, Tax Return 2024, UK VAT / Michael Burris

Outline Should you voluntary register for VAT? What is VAT? Voluntary VAT Registration Benefits of Voluntary VAT Registration Disadvantages of Voluntary VAT Registration How to Register for VAT Working out VAT Returns Conclusion FAQs (Frequently Asked Questions) Should you voluntary register for VAT? Put simply, VAT happens to be a major factor in UK business

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What is a UTR?

Leave a Comment / Business, e-Commerce Accountants, Landlords Accountant, Self Employed, Tax Return 2024 / Michael Burris

Outline What is a UTR When Do You Need a UTR? How to Get a UTR from HMRC What to do If You Lose Your UTR? Things to keep in Mind How FAAS Accountants Can Help? What is a UTR? A Unique Taxpayer Reference (UTR) is a 10-digit number issued by HMRC (Her Majesty’s Revenue

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The Essential Guide to E-commerce Accounting

20 Comments / e-Commerce Accountants / Michael Burris

Outline What is E-commerce Accounting? The Importance of E-commerce Accountants Critical Aspects of E-commerce Accounting VAT Management Inventory Tracking Financial Reporting and Compliance Choosing the Right E-commerce Accountant Expertise in E-commerce Accounting Understanding of E-commerce Business Models Familiarity with E-commerce Accounting Software Benefits of Hiring an E-commerce Accountant Learn about the critical aspects of e-commerce

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