By following the 9 steps you can successfully Benchmark your business.
Taj Accountants stands high among the renowned small business accountants in London for offering outstanding accounting and taxation services and advice to corporates, as well as individuals. Our leading firm is always eager to offer advice to our clients and
Know all the basics regarding Income Tax and National Insurance before paying them off.
As an employee, every year you have to pay Income Tax and National Insurance on your wages through the PAYE system. In the UK, Income-tax is levied on several types of earnings such as; salaries or wages, interest on securities,
The scheme is designed to help you with your savings by allowing you to put
If you are planning to save money but you are struggling through the process, then you have come across the right blog of Taj Accountants. In today's blog we have come up with the contents of ‘Help to Save’ Scheme
The advice of an expert mortgage broker can save you both time and money, especially
With the rising financial tensions all over England, businesses and self-employed workers are having questions regarding the current state of the property market. The current state refers that companies that once offered mortgages to people with credit scores of 620
It’s important to organize your cash-flow before claiming for any COVID-19 government grants.
The global pandemic has created havoc among the businesses and the economical states around the globe. Countries across the worlds are adopting new measures and policies in order to save the businesses from sinking with an aim to bring back
Keeping up with unpaid invoices can be challenging for small business owners. So, here is
As a small business owner, you might face a lot of hardship while chasing the late payments from your clients and you might at times think you won’t be giving out services on account anymore. But the truth is, these
How to conduct a Scenario Planning Process and Use It In Your Business
As a part of your business plan; you may have looked at the potential threats and opportunities with SWOT analysis, you may have also done the environmental analysis with the help of PESTEL. These analyses are helpful tools for your
As more businesses and self-employed individuals are leaning towards working remotely, fraudsters and cybercriminals are
Due to the COVID-19 lockdown situation, remote working has become the trend in the business world. If you’re a small business owner or a small business accountant in London you must have already gotten familiar with the norm and started
Being Able to Work From Home is a Silver-Lining to This Covid-19 Pandemic Situation
The COVID-19 pandemic is the biggest challenge that we are facing in this generation. We neither witnessed anything like this before nor were we prepared for such uncertainty. However, technology is always one step ahead to repair any of the
We have come up with the difference of Enterprise Investment Scheme (EIS) and Seed Enterprise
The start-ups in the UK is a blooming market for the economy. Statistics show that London alone has the highest rate of 105 startups per 10,000 population in 2018. The start-up environment is thriving with new entrepreneurs and small business
You are Eligible for a Coronavirus Business Interruption Loan and Find Out How?
Due to the COVID-19 outbreak, the government is taking crucial steps to save the economy and help the businesses stay consistent. Among those measures, Coronavirus Business Interruption Loan is playing a vital role for Small and Medium Enterprises (SMEs) allowing
Procedure for Small Business to Claim the £10,000 Coronavirus Grant
From the chancellor’s announcement, a grant of £10,000 has been declared for the small businesses to keep their flow consistent. It is a one off payment starting from April 2020. Initially, the amount was for £3,000 and which later has
Procedure for Small Business to Claim the 25k Coronavirus Grant
A Grant of £25,000 per property has been declared for the retail, hospitality and leisure sectors named as The Retail , Hospitality and Leisure Scheme. Businesses in these sectors will get a £25000 business grant in the UK with a
A Guide to Claim Government Coronavirus Grants for all Businesses
The Global Pandemic has created havoc in lives and economies. Which leads the government to take preventive measures to mitigate the loss and keep the economy functioning. The measures include ways to facilitate individuals and businesses in various ways. If
Process to claim beneficial measures taken by the government for self-employed on the Coronavirus pandemic
Self employed individual doesn’t have rights like the employed people. Employed people enjoy some legal protection and we call them Statutory payments which includes SSP, SMP etc. In this Coronavirus outbreak, SSP Statutory Sick Pay has become a part of
Annual Accounts vs Annual Return vs Confirmation Statement Explained
Annual Accounts Company’s annual accounts, also known as the ‘statutory accounts’ , are prepared at the end of your company’s financial year to provide an overall view of your company’s financial state. It is a single document that must be written
The benefits of choosing Cloud Accounting over Desktop Accounting Software
Cloud Accounting Software is an accounting software that is hosted on a remote server. It is neither based on your computer hard drive nor on your local server. Cloud accounting uses the internet to access the accounting data, records and
Key Factors to Keep in Mind When Transitioning to a New Accountant for Your Small
An accountant plays a very crucial role in every organization. He/she is the one who does not only takes care of your accounts only but also serves as a trusted business advisor for you. He is the one who can
Discover the Benefits and Advantages of Engaging Small Business Accountants for Your Financial Success
Businesses don't run on promises, they don't run on dreaming either. But when we talk about the profitability of small businesses, the financial dilemma holds a big question mark for all self-employed individuals. Spending countless hours on financial data, bookkeeping,