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Jun
09
COVID19
Can you Defer your Self-Assessment payment on account due to coronavirus?
If you are self-employed, you should take advantage of the UK government’s latest policy of supporting businesses and self-employed individuals during the Covid-19 pandemic. The government has allowed deferment of your second self-assessment payment on account for 2019-2020 that is due on 31 July 2020, without attracting penalties or interests. You can not only defer
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Jun
04
outsourced accounting
Best UK Accounting Outsourcing Companies in India?
An increasing number of businesses now realize the important role that accounting outsourcing companies in India can play in their business processes. Accounting companies, ranging from proprietorships to large accounting enterprises, have been increasingly outsourcing their transaction processing services. This includes services like preparation of accounts, bookkeeping, monthly management, filing VAT returns and taxes, and
Apr
27
COVID19
Corona Virus keep you at home? How to stay GDPR compliant while WFH?
The growing threat of the Covid-19 pandemic has forced authorities to enforce lockdown and pushed companies to run their operations remotely. As the number of people affected by the virus has touched over 2.5 million, the UK government has declared lockdown to curb its further spread. Many companies have completely closed their offices and require
Apr
15
tax preparation
How Can Outsourcing Tax Preparation Services Help Your CPA or CA Firm?
Providing services as a CPA or CA can become overwhelming for you even if you have a team supporting for different operations. Things can especially become difficult for you to manage if you have a large clientele. You have to handle all the different accounts ranging from marketing to operations to inventory to sales. All
Mar
16
payroll
Why Your CPA and CA Firm Needs Payroll Outsourcing Services?
There are some CPA firms that may offer payroll services as part of their accounting services. The level of services and administration can, however, vary. You may help your clients in streamlining their payroll reporting, filing schedules, deposits, and more. However, it is not essential that you may be offering payroll administration like other CPA
Dec
04
outsourced accounting
Myths About Accounting Outsourcing Debunked
Accounting is an integral part of UK based accounting firms. In reality, it is one of the most crucial functions of any business. It is vital for businesses since it helps them to make informed financial decisions and helps them with their development. Many accounting organizations have an in-house team to look after their accounting
Nov
26
payroll
What Are the Pros and Cons of Payroll Outsourcing Services
Payroll is the compensation a company pays to employees in turn for services offered to the organization. Payroll involves keeping a track of hours worked by employees, calculating wages and salaries, and making payments. It is a focused task, which requires expert and knowledgeable personnel. Payroll was thought to be an uncomplicated accounting job. Nevertheless,
Nov
05
IR35
Everything you need to know about IR35: Definition, Rules, Employment Status and more
What is IR35? First things first. Let us try to understand what exactly IR35 is. IR35 was initially introduced in the year 2000 by HM Revenue and Customs (HMRC). IR35 or Intermediaries Legislation is a regulation intended to trim down tax avoidance by “disguised employees” or contractors. These disguised employees are people who are paid
Sep
16
IR35
Initor Global Official Sponsor of Lawspeed IR35 Conference
Initor Global, a leading accounting outsourcing service provider is a sponsor of Lawspeed IR35 a full-day conference on 19th September 2019 in London. This event will provide all the information in the form of presentations from government speakers, industry experts as well as Lawspeed seminar. Initor’s team will be at the forefront of the