Insights

Tax Implications of Remote Work for SMEs

By Insights

Managing the tax implications of remote work is crucial for SMEs. This guide covers key areas such as home office expenses, VAT impacts, National Insurance contributions, cross-border challenges, and payroll adjustments. Implementing clear policies, automating processes, and seeking professional advice are essential for compliance and supporting your remote workforce.

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E-commerce Accounting: Tips for Managing VAT and Cross-border Transactions

By Insights

Managing VAT and cross-border transactions is crucial for e-commerce businesses. This article covers VAT registration, different VAT rates, import duties, and using tools like Xero and TaxJar for accurate accounting. It emphasises the importance of regular audits, accurate record-keeping, staying updated on regulations, and seeking professional advice. For tailored support, Devonshire Green Accountants can help you navigate these financial complexities effectively.

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Business Loans and Financing Options: Choosing the Right Funding for Your SME

By Insights

This guide covers everything from traditional bank loans and alternative lenders to government-backed schemes. Learn how to assess your financial needs, compare costs, and manage debt responsibly to support your business’s growth. Discover the best strategies for preparing your application, improving approval chances, and negotiating terms. Equip your SME with the knowledge to choose the right funding and ensure long-term success.

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Navigating Maternity and Paternity Leave: A UK Employer’s Guide to Rights and Responsibilities

By Insights

Navigating maternity and paternity leave as an employer can be complex, but with the right knowledge and strategies, you can support your employees while managing your business effectively. By understanding your legal obligations, financial responsibilities, and best practices for fostering a supportive workplace culture, you can navigate these transitions with confidence and ensure the continued success of your business.

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Sick Pay for the Self-Employed: A Comprehensive Guide to Your Entitlements and Benefits

By Insights

Navigating through illness can be tough, especially for the self-employed. Our comprehensive guide offers insights into your entitlements like Statutory Sick Pay, Employment and Support Allowance, and practical tips to bolster your financial health during such challenging times. With tailored advice, we aim to alleviate your concerns and arm you with the knowledge you need to safeguard your income against the unforeseen.

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Claiming Travel and Accommodation Expenses: A Comprehensive Guide for the Self-Employed

By Insights

Navigate the complex terrain of claiming your travel and accommodation expenses as a self-employed individual with our comprehensive guide. From mixed-purpose journeys to using your personal car for business travel, our guide simplifies the process. Remember, strategic accounting can lead to significant savings, and with our expert advice, you’re well on your way to making the most of your business deductions.

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