How will COVID-19 affect your sector?
The consequences of the Corona virus are coming face-to-face with the people around the globe. To name a few, these consequences include unemployment, uncertainty regarding all jobs, wage cuts and failure of businesses. The industries which have suffered the most are corporate sector, finance, companies of all sizes and IT. Experts have declared that the […]
How to Get the Best out of Tech Accounting
Technological tools have changed the manner in which experts direct business, and they will keep on molding the fate of each industry including accounting. Businesses measure accomplishment in figures and if you want to be successful, it is crucial to keep up with the latest accounting technology. Not possessing the knowledge related to technology means […]
Tips for E-commerce Accounting!
Over the course of time, it can be seen that e-commerce businesses have increased exponentially. With online business models now flourishing, there are numerous implications that need to be considered in order to properly conduct the respective business. Accounting for e-commerce businesses tends to be one of the relatively complex features of this business model, […]
The Impacts of Brexit and COVID-19 to the UK E-commerce Market
In Partnership with Shopify, Xero, A2X & ClearCloud Accounting In 2020 the UK was hit with a twofold setback of events which directly affected UK e-commerce retailers. Firstly, Britain leaving the European Union means a change in legislation leaving uncertainty on where businesses will lie in the new parameters. More recently COVID-19 struck and caused chaos to the economy and global markets, to which the […]
Self-employed Income Support Scheme – what it means for you
The self-employed claimed £340m within the first four hours of the government’s new Self-Employment Income Support Scheme opening, says HMRC. Interviewed by Sky News, HMRC chief executive Jim Harra said that a total of 110,000 people had submitted claims worth an average of £3,090 by midday on Wednesday, May 13. HMRC opened its Self-Employed Income Scheme […]
HMRC Furlough Pay Extension to October 2020
In a boost to millions of jobs and businesses, Rishi Sunak said the furlough scheme would be extended by a further four months with workers continuing to receive 80% of their current salary. As we reopen the economy, we need to support people to get back to work. From the start of August, furloughed workers […]