The Introduction of Making Tax Digital Since its introduction in April 2019, Making Tax Digital (MTD) has revolutionised the way businesses in the UK handle their tax affairs. This initiative …
Making Tax Digital: Revolutionising Tax Affairs for UK Businesses
The Importance of Anti-Money Laundering (AML) in Bookkeeping
Understanding Anti-Money Laundering (AML) Money laundering is a serious global issue that affects the financial industry and society as a whole. It involves the process of making illegally obtained money …
VAT Returns and How Bookkeepers Can Help
Understanding VAT Returns Value Added Tax (VAT) is a consumption tax that is applied to the sale of goods and services in many countries around the world. Businesses are required …
The Role of Bookkeeping in Financial Reporting and Analysis
Bookkeeping plays a crucial role in the world of finance, specifically in financial reporting and analysis. It is the foundation upon which accurate and reliable financial information is built. In …