The Best Accounting Software For Self-Employed UK

There are literally hundreds of different accounting programs on the market, each claiming to offer you the best accounting solutions. What this means is that every company has its own set of expectations when it comes to their accounting program. So how can you choose the best accounting software for self-employed UK? With this question […]

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Limited Liability Company Debt Responsibility

What is limited liability? Limited liability is a legal status where a person’s financial liability is limited to a fixed sum, most commonly the value of a person’s investment in a corporation, company or partnership. If a company that provides limited liability to its investors is sued, then the claimants are generally entitled to collect […]

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Accountant In London For Self-employed

Finding an Accountant in London for self-employed individuals is easier than you think. It may seem like a huge task to find one that will suit your needs, but it is not that difficult. You need to first identify which type of accountants in London that are suitable for your situation. If you are self-employed […]

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Balance sheet – What is Balance sheet in accounting?

Image by/from RaphaelQS In financial accounting, a balance sheet or statement of financial position or statement of financial condition is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as Government or not-for-profit entity. Assets, […]

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Depreciation Of Fixed Assets`

In accountancy, depreciation refers to two aspects of the same concept: first, the actual decrease in value of fair value of an asset, such as the decrease in value of factory equipment each year as it is used and wears, and second, the allocation in accounting statements of the original cost of the assets to […]

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