Adams Doumbia

📊💷 UK Business Owners: Keep Your Finances Clean and Taxman at Bay Separate personal and business accounts = tax headache prevention 🙌 ✅ Easier tax reporting ✅ Clear for HMRC ✅ Claim all business expenses ✅ Avoid costly mix-ups Plus your accountant does not have to see all your personal spend! So whether you're a sole trader or Ltd director, this simple step can save you time, stress, and potentially money! #UKBusiness #TaxTips #SmallBusinessAdvice

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An insightful update on the Essex Accountancy recruitment market from James Lassey

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Struggling with cash flow due to unpaid invoices? 📉 Invoice finance can help you unlock working capital tied up in outstanding invoices, giving you the funds you need—when you need them! 💷 With faster access to cash, improved cash flow, and flexible terms, invoice finance is a smart choice for UK businesses looking to grow. 👉 Download our flyer for more info and see how invoice finance can boost your business - https://lnkd.in/e6aSsWC3 #InvoiceFinance #CashFlow #UKBusiness #MacManusAssetFinance

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So who’s coming to Accountex and who wants a QuickBooksOpoly board like mine???? 💚 Watch this short video to find out how! Intuit QuickBooks Intuit Accountants Intuit

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Speaking to HMRC has been a disaster… Then they decided to reduce support… and then reverse it… So to help this, The Treasury has recently announced additional ring-fenced funding to assist HMRC's phonelines in meeting service standard targets. This decision comes after HMRC reversed its plans to permanently restrict, and in some cases close, taxpayer self-assessment, VAT, and PAYE support lines. The tax authority made this reversal just 24 hours after facing significant backlash from stakeholders, taxpayers, and professional bodies. During a session with the Treasury Select Committee, HMRC chief executive Jim Harra explained that the tax authority lacked the necessary funding to allocate more resources to helplines. The situation has been exacerbated by more individuals being brought into the tax system due to inflation and fiscal drag, while HMRC's resources have been under strain. In June of last year, HMRC's Angela MacDonald informed the Treasury Select Committee that the decision to implement a seasonal telephony model was a response to the demanding efficiency levels required by the spending review 2021 settlement. This settlement only allocated limited funding to HMRC for enhancing their digital services. The press release from the Treasury highlighted that HMRC's budget has increased by £900 million over Parliament, rising from £4.3 billion in 2019/20 to £5.2 billion in 2024/25. Despite the focus on expanding online services, HMRC's Harra emphasised the importance of improving helpline services for those who require direct assistance, including vulnerable and digitally excluded individuals. While two-thirds of self-assessment calls can be handled online, the additional funding will enhance helpline services. HMRC remains committed to its long-term strategy of digital transformation for increased efficiency.

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Reduce VAT processing times by up to 70% with ARKK The University of Edinburgh partnered with ARKK to tackle outdated, manual VAT processes that were time-consuming and error-prone. By choosing the ARKK Automation Platform, they reduced VAT processing times from two weeks to three days, improved accuracy, and freed resources for strategic tasks. Our future-ready platform is engineered to comply with current and upcoming tax mandates, whilst offering flexibility and adaptability tailored to clients' unique needs. Discover how ARKK can revolutionise your approach to VAT. Read the full case study here: https://lnkd.in/d8C9gfN7 #TaxAutomation #VAT #ARKK

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Is CIS compliance weighing you down? Simplify your processes with E2E Accounting. For new clients, we're offering a complimentary CIS compliance assessment to evaluate your practices and suggest improvements. Our Services Include: Simplified CIS bookkeeping Optimized financial reporting Timely submissions to HMRC Don’t miss this opportunity to streamline your operations and avoid penalties. Contact us today to schedule your free assessment! #ciscompliance #constructionaccounting #e2eaccounting #ukconstruction

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Compliance isn't just about ticking boxes. It's a cornerstone of value within recruitment. Running a compliant operation ensures trust, mitigates risk and safeguards your business's reputation. Whether it's tax obligations, IR35 compliance, or candidate referencing. Adherence to regulation is non-negotiable. Acquirers seek businesses with robust compliance framework as they signal reliability and long-term sustainability. Are you prioritising compliance in your recruitment business? It's not just about meeting standards, it's about maximising value and securing your future. Remember… a £ of profit isn’t necessarily a £ of value. And making a quick buck without compliance won’t create value within your business. If you want to read more about how you can add value to your recruitment agency, drop me a message or head over to the website to read the full article I have written on this topic. The link to this has been placed in the comments below. #Compliance #Recruitment #Business #Value

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