Getting ready for your financial audit
Facing your first financial audit can be intimidating, yet it is an essential task for many businesses. Why are you being audited? Understanding the purpose…
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Welcome to the Orchard Accountants blog. This is our hub of information where we will detail company developments as well as provide news and insight into the ever-changing world of finances and accounting. If you read something which strikes to your interest, and you’d like to learn more about a particular topic or service we provide, don’t hesitate to get in touch with us today.
Facing your first financial audit can be intimidating, yet it is an essential task for many businesses. Why are you being audited? Understanding the purpose…
Continue readingStaff costs represent a substantial portion of your expenditure as a business owner, so it’s important that you understand what payments you have to make…
Continue readingEffectively managing your budget is crucial for business success, especially in challenging economic times. Speaking with an accountant can significantly enhance this process by identifying…
Continue readingFrom a tax planning perspective, incorporation of a business into a limited company has long been considered the gold standard in business development and growth…
Continue readingIf you’re a high earner with between £100,000 and £150,000 in net adjusted income, you’ll soon receive a letter from HM Revenue & Customs (HMRC)…
Continue readingThe start of the 2024/25 financial year saw the Capital Gains Tax (CGT) Annual Exempt Amount fall to a historic low of £3,000, down from…
Continue readingManagement Accounts consist of regularly updated reports for both internal managers and external stakeholders or investors. (more…)
Continue readingMany believe that business plans are only necessary for start-ups and new enterprises. (more…)
Continue readingWith the new tax year underway, it’s time to review your payroll to ensure that it reflects the latest changes and updates to legislation around…
Continue readingThere is an inherent degree of risk in any business growth strategy – but keeping this risk to a minimum can help you grow your…
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