by Outsourced ACC Ltd | Sep 23, 2020 | Blog, Business Centre |
The finance function and the role of the accountant Over the past decade the role of the finance function, and hence the role of the accountant, has changed. Traditionally, the accountant and finance function focused on three key roles: Collecting money from customers...
by Outsourced ACC Ltd | Sep 16, 2020 | Blog |
On 12th December 2019, the Prime Minister of the United Kingdom won a majority in the General Election and vowed to ‘get Brexit done’ by 31st January 2020. It was a time when it seemed nothing could override the prominence of this promise, as the British public wanted...
by Outsourced ACC Ltd | Sep 8, 2020 | Blog |
Unlike previously You will no longer be able to defer payment of Capital Gains Tax via your Self-Assessment return, and any tax owed must be paid within the 30-day reporting and payment period. HMRC have launched a new online service to allow you to report and pay any...
by Outsourced ACC Ltd | Sep 2, 2020 | Blog |
Cash Flow vs Profit – What’s More Important? Cash flow and profit are both important financial systems in business, and it is not uncommon to occasionally confuse the two terms. But cash flow and profit are not the same thing and it is critical to understand the...
by Outsourced ACC Ltd | Aug 26, 2020 | Blog |
Automation of Accounting Function As in most functions within the business streamlining and automating the accounting, the function has been a hot topic in recent years. Most companies and top management consider accounting function nonvalue adding and it is the...
by Outsourced ACC Ltd | Aug 17, 2020 | Blog |
What is the charge? High Income Child Benefit Charge (HICBC) was introduced in 2013 and affects around 1.1 million families. The charge applies to taxpayers who have an adjusted net income over £50,000 in a tax year, where either themselves or their partner are in...
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