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DIY Accounting

The rise of DIY Bookkeeping The last ten years have brought the development of accounting software that can make bookkeeping a job for a business owner to do, rather than hiring a bookkeeper to [...]

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7 Warning Signs That Your Small Business Needs Outsourced Accounting

Small businesses are the backbone of the UK economy, and as such, it’s crucial that they keep on top of their accounting. But unfortunately, many small businesses don’t realise they [...]

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What is the reverse charge for the building and construction industry?

From 1 March 2021, the domestic reverse charge must be used for most building and construction services supplies. This does not include building materials. Therefore, if your business only [...]

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What is CIS?

CIS stands for Construction Industry Scheme.  Under the scheme, contractors make deductions from their payments to subcontractors. They then pay the amounts they deduct over to HMRC, and they [...]