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How to Obtain a VAT Number for a Business

VAT numbers for businesses are critical pieces of information. Once a business is registered for VAT, it is assigned a unique VAT number...

The Guide to Invoicing

Online invoicing, whether you like it or not, is a necessity for businesses of all sizes. However, not all business owners understand the...

Filing Status of the Head of Household

One of the most misunderstood tax reporting statuses is Head of Household. However, it is important to be aware of this filing status for...

An Overview of Bookkeeping

There are many types of bookkeeping, with single entry being the most common. This method employs a straightforward approach in which...

This is how you shut down your company

The process of starting a new business is relatively easy, especially when you use a training team to set up a company—your goods can be...

How to read and what is a balance sheet

You would potentially own a lot of properties, owe money to people, and have shareholders as a small business owner. In this section,...

Income vs. Revenue

A comparison of sales and profits. Both revenue and income are useful metrics for assessing the company's efficiency. After all of your...

How to reclaim VAT on diesel and records

On the off chance that your VAT accounts are confounded, it could be good to address an accountant in London prior to making a case. In...

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