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Accountants and Taxation



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Accountants and Taxation

Frequently Asked Questions

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Accountants and Taxation?

We have teamed up with an established Accounting Practice to offer your company a full Accounting Service. Most companies will keep some kind of records for there business , even the most basic will maintain ledgers, these will be used to collect and pay debts. However most size or type, all businesses need to keep some form of accounting records, either as a statutory requirement, or for tax purposes, or for both. If you are a director of a company it is one of your responsibilities to ensure adequate records are maintained. Management accounts are used by most business to assess performance month on month. They can range from a simple profit and loss account, to the more advanced reports which include balance score cards etc.But whichever system you are using, it must above all be able to give you the financial information you need to be able to run your business. Most companies are familiar with the computerised accounting packages such as sage , taps , tetra etc. but before you choose a simple ask yourself a few questions,including:What do you need the system to do ?,How much are you willing to spend?, What is your timetable ? ,Who is going to be responsible for the project-management of the installation?. There is also the hidden costs that you need to take into account. These include, Training the staff , Staff morale of the organisation, Running two parallel systems, Building up skills and familiarity with the system ,also ensuring that you Minimise customer inconvenience.

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Loans- Frequently Asked Questions

What hapens if I can not repay the loan?

What is Bridging Finance?

What How much can I borrow ?

How is Bridging Finance Secured?

What will the Lender Require ?

Advantage of Bridging Financey?

What are the Costs Of Loan Finance ?

Disadvantage of Bridging Finance?

What can be used as Security?

What are the costs of Bridging Finance ?

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A SECURED LOAN IS SECURED ON YOUR HOME. THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT

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