FULL EXPENSING Among the announcements in the Spring Budget, UK chancellor Jeremy Hunt has introduced...
Balancing Charge Definition of Balancing Charge A balancing charge is a means of making sure...
FRS 102 FRS 102 applies to financial statements that are intended to give a true...
Capital Expenditure vs. Revenue Expenditure A business organization incurs expenditures for various purposes during its...
Extended Trial Balance While starting final accounts/year-end accounts, we need to prepare ETB or Extended...
Corporation Tax Changes 2023 The main corporation tax rate (CT) will jump from 19% to...
Statutory Maternity Pay Statutory Maternity Pay (SMP) is paid for up to 39 weeks. You...
Use of FIND AND RECODE function in Xero Find and recode multiple transaction lines in...
Deferred Tax Deferred tax is a topic that is regularly tested in Financial Reporting (FR)...
Tax Implications of Business Car Leasing Before I start on the tax implications of Business...