VAT Number Check for Businesses | Ensure Compliance
Checking a company VAT number helps to make sure you are engaging in business with genuine organizations and remitting tax.
Dedicated Servers and Data Privacy: What You Need to Know
Customer records, financial reports, personal information, and trade secrets are all stored, transferred, and accessed online. But where that data lives and how well it’s protected can make all the difference. When headlines are filled with data breaches and cyberattacks, businesses ask harder questions: Where is my data? Who has access to it? How do […]
Tools to Help You Transform from Manual Accounts to Digital Accounts
Discover top tools that simplify the shift from manual bookkeeping to digital accounting. Improve accuracy, save time, and modernize your financial processes.
MyFastBroker Insurance Brokers Review: Bridging Technology and Personalized Insurance Solutions
MyFastBroker is revolutionizing the insurance brokerage industry by blending cutting-edge technology with personalized service.
Smart Background Checks: A Guide for Employers
Smart background checks are an important tool for businesses looking to streamline their hiring process.
By using advanced technology like AI, automation, and data analytics
What is Input VAT?
Input VAT refers to the Value Added Tax (VAT) a business pays on goods or services purchased for business use. It is the VAT charged by suppliers on items or services the business needs to produce its products or deliver its services. Businesses that are VAT-registered can typically reclaim input VAT through their VAT returns, […]
What is P85?
The P85 form is a document used in the UK for tax purposes when an individual leaves the country. It is submitted to HM Revenue and Customs (HMRC) to: This form is particularly useful to ensure your tax affairs are handled correctly after becoming a non-resident for UK tax purposes. However, its use is optional […]
What is a Purchase Ledger
The purchase ledger records and tracks all purchases and related financial transactions with suppliers.
What is a Debtor
This typically includes customers who have received goods or services but have not yet paid for them
What Are Sundries? Everyday Essentials Explained
“sundry expenses,” a term used in accounting to record minor, irregular expenses that do not fit into standard expense categories.