VAT on Services – Why Accounting Firms Needed a VAT Consultant

Jan 18 2024 Published by admin under Uncategorized

The recent increase in VAT on services in the UK has created quite a stir in the accounting industry. As such, some accountants have decided to go ahead and re-classify their services as ‘VAT exempt’ rather than ‘VAT exempt’. However, this is not without reason. There are a number of accounting firms who are able to thrive irrespective of the recent increase in tax due to VAT.

This means thataccounting firms have to cater for a number of clients. Not all clients are UK based. Therefore, there needs to be a UK company with which they work. The majority of accounting firms are UK based. This can be attributed to the fact that the majority of firms need to have branches in the UK and therefore have to cater for a huge clientele base spread across the different islands of the UK.

VAT On Services Charged
For such firms, being VAT exempt allows them to offer a wider range of products and services to their UK clients. Since accounting firms have a vast client base in the UK, being VAT exempt allows them to offer a higher quality service to their UK customers. Therefore, for such firms, being VAT exempt is a benefit that outweighs the benefits that they get by being VAT on services charged. The latest VAT results show that accounting firms have benefited greatly from this.

VAT on services has become a major headache for accounting firms all over the world. However, accounting firms in the UK have been hit hard by this. The recent increase in VAT has meant a hike in clients. This means that even accounting firms who are VAT exempt have seen a sharp fall in their client base.

Accounting Firms
In such a scenario, it becomes essential for accounting firms to look at ways in which they can reduce their overall expenditure and increase their customer base. This is where they can look at ways in which they can expand their business. The scope of expansion includes taking up new projects and expanding into other areas. There are also other options like combining their existing client base with other firms that offer similar products and services.

This way, accounting firms can ensure that they remain on top of their game. They can do this by ensuring that they offer competitive prices. Competition among the accounting firms in the UK will continue as long as there is still VAT on services. It is just a matter of looking at how they can retain their client base amidst the pressure of competition.

Profit Margins
The latest tax changes have further worsened the situation for accounting firms. The changes come into effect on April 2021 and will force accounting firms to implement changes with regards to the way that they operate. Some accounting firms are already facing serious cuts in their profit margins. The latest changes have made things worse for such firms, with the tax rate hike making it tough for them to cope with the burden of the increased tax.

Many accounting firms have already announced that they will be forced to shut down. The closure of such firms would result in job losses and further impact the overall economy. The only way out of the problem that is looming large is for accounting firms to seek help from the VAT consultants. These consultants have extensive knowledge of all the technicalities that come with implementing the new tax changes. This way, accounting firms can plan their business strategies in accordance with the new tax laws. In turn, they can increase the productivity of their employees and reduce the amount of cost that they incur on accountancy every year.

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Accounting Services for Self-Employed Individuals

Jan 18 2024 Published by admin under Uncategorized

Accounting services for self-employed are becoming increasingly popular in the UK. The number of businesses who are now setting up an independent or small company is on the rise. This is partly due to the fact that tax laws have been changed and the laws now state that any income earned by a company is taxable under UK tax laws. This has led many new start-ups to choose to set up their own company as they don’t want to be tied into any tax schemes set out by the authorities.

Self-Employed Firms
There are many accounting services for self-employed firms available in London. Many accountants have a firm set up in London so that they can take on new clients. Many firms have multiple locations in London, meaning that they can cater for all the needs of their clients. You may need a tax advisor in London, if you have earned a huge amount of money from your business.

Tax Advisor
A tax advisor will help you to ensure that you pay the right amount of tax. This is a service that you shouldn’t just take on board when it comes to hiring an accountant. This is a very specialist area and one that only highly experienced professionals should engage in. You need to ask plenty of questions about the accountant’s background and experience. You also need to ask how much experience they have with these types of services and what professional associations they are linked to.

Self-Employed Professionals
It is possible to get accounting services for self-employed professionals for just a few pounds. However, many accountants will charge higher rates for their services. If you want to be sure that you get an accountant who is reliable and experienced, then you might want to consider paying a bit more to make sure that the person managing your accounts is someone you trust.

You can also get accounting services for self-employed professionals at a lower rate than that of a regular accountant. This is because there are some tax advisors who offer their services for cheaper prices than others. The reason for this is because they are more likely to deal with less complicated tax situations. In general, it costs the accountant less money to provide their services because they do not have to buy office furniture or pay for expensive staff. You can usually get a better deal if you go with a tax advisor who is also an accountant.

Accounting Services For Self-Employed Individuals
When you are looking into accounting services for self-employed individuals, it pays to ask about what services are offered for a fee and how much they will cost overall. You also need to find out how long it will take for the advisor to settle any tax bills that you owe. Most self-employed people will not have their taxes settled right away, but many tax advisors will offer a settlement within a few weeks of your tax filing date. There may also be ways to get a refund back from the IRS if you owe them money. However, you should understand that these refunds will generally have a lower amount than the total amount of money you owe.

Finding Accounting Service
Finding accounting services for self-employed individuals can often be easier than you think. If you have any questions, you can call the local office of the CPA or tax professional that you have used in the past. They will be able to tell you what you can expect, what you can look forward to, and what the IRS requires from you. By talking to them, you will be able to get an idea of what to expect from the experience.

The accounting world can often be quite confusing for those who are just getting started. However, if you take the time to educate yourself and talk to the professionals that are available, it can make a big difference. Accounting services for self-employed individuals should not be something that is overlooked. Take the time to consider what they can do for you will likely feel more comfortable with them than you did before.

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Gold Credit Loan Fee

Jan 18 2024 Published by admin under Uncategorized

To manage a money-related emergency, an individual has various other options. This fuse taking an individual credit or recovering their inclinations in financial instruments like the ideal resource, regular resources, etc. Concerning getting from a financial foundation, other than benefitting an individual advance, one can moreover settle on a gold advance. If you are expecting to take a gold credit (or an advance against gold), here is what you need to know.

How to get the most un-gold credit rates?

Remarkable offers – Always check current offers and credit costs offered by various banks as DCB Bank Gold Loan subtleties to run uncommon plans on an infrequent reason.

Consider bank offers for various credit aggregates – Typically, banks offer low financing costs at the higher advance entirety and the reverse way around. Further, financing cost offered by monetary establishments are usually higher as they give little credit wholes with a versatile and smart assistance

Kind of advance taken-Generally, credits against gold taken for cultivating objects are offered at lower advance expenses. Furthermore, in case you are meaning to profit from an overdraft office against gold, you may be expected to pay a high Gold Loan interest Rate.

Credit to Value Ratio-Higher the advance to regard extent, the higher is the advance expense charged. As indicated by the latest RBI round in a proposal to offer mitigation to gold advance borrowers, banks can advance up to 90% of the gold as an advance.

Existing monetary equilibrium holder-At times, gold credits are offered at a moderate advance expense to the current customers of the bank. As such, if have a current venture account, an FD, or an advance record

Gold Loan Interest Rate Calculator

Financing costs are charged on the obtained credit whole for the advance residency. The least and most decreased financing cost on a gold advance is 9.90%. The financing cost to get a credit against gold depends upon various components -

Credit aggregate – This is the whole gained by the borrower from a bank. Overall, financing costs are high for a more unobtrusive advance aggregate and the reverse way around.

Advance to Value Ratios – Banks charge a higher premium on gold advances with a high advance to esteem extent. Along these lines, the higher the credit to an assessment of decorations, the higher the financing cost, and the opposite way around.

Relationship with the Bank – Banks offer a lower gold advance financing cost borrowed for their present record holders with a quick turnaround.

Gold credit income tally ought to be conceivable contrastingly using the underneath referred to kinds of gold advance financing cost assessment. As indicated by the level rate procedure, the gold credit rate is resolved on the main advance total all through the advance residency. Likewise, the central whole stays as in the past. For instance, regardless, when you gain a gold advance for an exceptionally prolonged period of Rs 3 lakhs, you will continue to pay the interest by and large of Rs. 3 lakhs whole all through the hour of 2 years. This methodology is moreover called the fixed strategy for gold advance income check.

The diminishing harmony system, as the name proposes, figures the financing cost on the surprising gold credit aggregate. As per this procedure for premium assessment, the indispensable fragment that is paid during the month-to-month EMI isn’t chargeable for the superior tally; therefore, the unprecedented counterbalance decreases with time, and the premium is charged remarkably on the extra boss total. As indicated by this procedure, the exceptional whole decreases with time.

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About Management Consulting

Jul 06 2023 Published by admin under Uncategorized

A business that has existing problems must have a way to plan the developmental stages of improvement within that company. Seeking the assistance of a management consultant allows a company to create an improvement for their performance. The need to hire a good consultant can be temporary for projects that do not require a permanent employee. This need can also be for the purpose of using that specialist´s skills when necessary, as well as from the necessity of looking at a company from the outside in as an assessment, and using that advice to create better performance for that company.

A concern with these consulting is the specialist’s ability to transfer methods from one organization who has been able to create an idea of best practices in that industry to another organization. The effectiveness of a specialist in the ability to do this transfer of best practices is up for debate based on the varying needs of one organization to another, but the experience this position creates by the exposure to hundreds of organizations creates a valuable expertise to draw from. Guiding businesses in isolating problems through the use of their own techniques provides a management consultant with the ability to recommend efficient or effective ways of performing tasks for a business.

Management consultants assist their clients with problem-solving in two ways. The first way is as a specialist and expert that handles problems with little interference or input from the client. In this way, specialists are able to analyze problems and create plans of action that are implemented without the client being involved. The second way is as a facilitator, maintaining a focus on how a plan is created and the actual process of finding solutions. This method of those consulting allows the client to be hands on and involved with the solutions process because it requires the client to implement the plan based on the specialist´s advice.

Management consulting is growing in a large way, but because it is tied closely to the conditions in the economy it has shrank in 2001 – 2003. Since 2007, the growth in this industry is on the rise again and the projected global revenues are looking very good. The four main categories of firms for consulting are organizations that are large and diversified, large strategic consulting and management specialists which do not have a specialization in any particular industry, IT consultancies that have more of a boutique structure but offer technologies and services that larger companies offer, and small firms with a boutique structure with a more specialized area of expertise.

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Advantages of Being an Independent Computer Consultant

Jul 06 2023 Published by admin under Uncategorized

Did you ever wonder why a person sitting next to you in the office chooses to work as an independent computer consultant while telling you that he/she is not getting any benefits such health insurance, paid vacation and sick leave? The answer is very simple and may surprise you. This person is doing it because he/she is making 50-100% more than you are while doing the same exact work.

At the same time this person does not have to worry about office politics, size of the annual bonus and whether or not he/she will be getting a promotion. The reason for this is rather simple; all this person really cares and worries about is this person’s hourly rate that he/she is getting for every hour that he/she is working.

In addition to making 50-100% more than a permanent employee computer consultant, depending on contractual status, gets to deduct various items as business expenses such as cell phone, home internet connection, tolls for traveling between client sites as well as gets to make bigger tax deductible contributions to 401k style plans.

Also, whenever independent consultant does not like the project he/she is working on they can, assuming contractual obligations have been met, switch to another project without worrying that a 6 months “job” will look bad on their resume.

Recently due to economic conditions many large companies decided on “hiring” independent computer consultants instead of permanent employees since independent consultants are not included in the company’s official headcount that is reported to the Wall Street during quarterly earnings calls.

Working as an independent computer consultant can be very lucrative financially as well as personally since this work arrangement allows for greater variety of projects and locations.

Eric Kay has been working in New York City for over 10 years as an independent computer consultant. His clients included major Wall Street firms, Big 4 consulting company and Fortune 100 telecommunications and pharmaceutical companies.

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When Someone Searches For Business Consultant Home Study Course, What Are They Looking For?

Jul 06 2023 Published by admin under Uncategorized

The phrase “business consultant home study course” really doesn’t make any sense. This is a phrase that I found while doing some keyword research the other day. This made me stop and think, I wonder what the person who types this in the search box is looking for. Did you type this in the search box?

Because I was researching home business and working from home opportunities. If we just look at the phrase individual word wise, it can tell us what the searcher is looking for. The first word is business. Now this could mean many different things by itself. It could be someone looking for a business, it could be someone looking to start a business, etc.

When you ad the word consultant, you then have business consultant. This now becomes much more clear about what a person is looking for. Wouldn’t a business consultant be someone who helps you or advises you on running your business?

Next we see the word home. Combined we now have business consultant home. This starts to look more like someone looking for help with an existing business or maybe looking for a new home business. When you ad the next word in the phrase which is study, we know this is someone looking to learn. Now we know this person is looking for a business consultant home study. That would mean you are looking for a business consultant who could help you study at home. Now when we put the word course on the end, it is clear that you are looking for a step by step home business study course written by a business consultant. Which gives us the entire term business consultant home study course.

Be careful when picking someone to help you. It is possible to spend thousands of dollars on mentoring and consulting and never advance yourself. Watch out for people who make their living showing you how to make money. I have been known to help someone out or train them, but that is not where my primary or only source of income lies. I have a substantial income from a home base business that has nothing to do with training other marketers.

I have spent some big money on training and for the most part I was left holding the bag. Sure I picked up a few things here and there and it all equals what I know today. My advise to you is learn from someone who has built a legitimate business that does not involve solely teaching other people to make money. Learn from someone who knows how to find a need and then provide an answer to that need. Let’s not forget the know how of the marketing side either. Good luck in your quest for the business consultant home study course.

To Your Home Business Success!


Rich Dad said one of the best places to start in making your fortune is an organized company with great training. (That is not a word for word quote of Rich Dad It’s a paraphrase)

Take advantage of some Free Home Business Training and Make Great Money in the Health Niche. I will show you how to put messages like this in front of interested people. The fact that you are reading this now proves I can get the word out.

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7 More Valuable Tips For the Newly Self-Employed Consultant

Jul 06 2023 Published by admin under Uncategorized

1. Partner with other businesses that serve the same market as you. This can be particularly effective when you have two up-and-coming start-up companies who service complimentary, yet not competitive markets. It can also help to talk to people who work for established companies that serve the demographic you wish to reach.

2. Create free publicity for yourself whenever possible. Even if it means giving away some of your work for free. There are times when the “2 birds in the bush” are worth more than the “one in the hand”.

3. By transferring the risk to yourself and you will ultimately profit. A realistic guarantee makes it safe for potential customers/clients to confidently try your services. Very few people will take advantage of a generous guarantee compared to the extra business it will generate for you.

4. Be personable. To build relationships you have to build rapport with people. It is essential that you can be friendly without coming across as phony.

5. Be opportunistic. A career as a consultant means that you always have to be on your toes and on the lookout for opportunities whenever and wherever they may arise. Always be prepared to do business in a variety of different way and you’ll be pleasantly surprised by what comes your way. By looking ou for various opportunities you also need to be…

6. Flexible. Flexibility is one of the key qualities of all successful consultants. Whilst you can never be all things to all people, it is important that you are always as “much as you can be” at any given time. Consultants are not hired on as extraneous staff for “just in case” scenarios. Consultants get hired because their client needs a specific result right now and as an experienced consultant you are the best person to deliver what they want. The best consultants get things done and they get them done quickly.

7. Don’t be too proud to give work away. There will be times, especially at the beginning of your career that you may find the need to work a little overtime without charging for it, or perhaps even be prepared to give away a complete project or two. While giving away your skills may not seem like a very cost effective thing to do, if you understood point 5 above, you will realise that a little freebie here and there can ultimately win you a lot of paid work at a later date. Generosity will definitely pay off.

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High Priced Consulting – Make it Big Online Using This Step by Step Formula

Jul 06 2023 Published by admin under Uncategorized

What if you discovered how to make huge money online starting today creating your own high priced consultation program? Do you want to know what it takes to make hundreds and thousands of dollars with the help of a simple consultation based program. The purpose of this article is to show what you exactly need to do to make it big online providing step by step consultation to your clients. Here are 5 simple sets to get you started with making loads of cash online that you may never have imagined even in your dreams.

Step 1: Make your self available to your clients all the time, whenever they are in need.

Step 2: Survey individual problems of your clients and make sure you solve them.

Step 3: Consult in what you specialize and you will be rich.

Step 4: Get help from experts. This will ensure that you succeed.

Step 5: Teach them what you have achieved and your clients will have extreme confidence in you.

The purpose of this article is to show exactly what you need to do to set up a highly successful consultation based program. Here are step by step details that you can apply quickly and easily.

Step 1: Make your self available to your clients all the time, whenever they are in need.

It is extremely important that you make yourself available to your clients whenever they need you.All you need to do is to ensure that you help them out in their problems and you can do this easily by providing your personal contact details to your clients. You also need to survey individual problems of your clients; this will help you make big money online.

Step 2: Survey individual problems of your clients and make sure you solve them.

Your clients will trust you extremely if you know what is hurting them and set up simple solutions to solve their problems. You can do this by conducting a survey for your clients and asking them what are their most pressing questions. This will help you get started. You need to be extremely well informed about the topic on which you are providing consultation.

Step 3: Consult in what you specialize and you will be rich.

It is extremely important that you are highly knowledgeable in the topic on which you are consulting your clients. If you are not well informed about the topic of consultation, then you will have a hard time selling your consultation based program. It is also a good idea to get help from experts as they know what they are doing.

Step 4: Get help from experts. This will ensure that you succeed.

If you are stuck up somewhere with your consultation based program then you must have some expert gurus whom you can approach to get help. These experts have made tons of mistakes and learned from them. They will surely guide you on the right path towards success. Make sure that you teach your clients things that you have personally achieved.

Step 5: Teach them what you have achieved and your clients will have extreme confidence in you.

It is extremely important that you teach your clients only those things that you have achieved in your personal life. You can also tell them through the help of an example that how the personal information that you are going to provide them has helped you solve problems in your niche.

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Best Consulting – How to Make Your Consulting Services the Best in Your Industry

Jun 15 2023 Published by admin under Uncategorized

There is no denying it, consulting is now one of the most lucrative and most competitive fields both in the online and offline arena. If you are one of those thousands of people who are offering this type of service, it’s a must that you know how to set your offerings apart from the rest so you can easily win the business of your target market. Here’s how you can do that:

1. Be a one-stop-shop. Do you know the main reason why local malls are such big hits to consumers? It’s because they offer everything that these people are looking for all in one place. You can adapt this strategy and make your consulting company a one-stop-shop. Do a thorough research and identify all the needs, demands, and even pre-needs of those people that you would like to serve. You will need to make sure that you’ll be able to offer these people with all the consulting services that they’ll need to keep them from going to your competitors.

2. Adapt to the changing market. As a service provider, you need to understand that the needs and demands of your target market might change any minute. To protect your business, you need to develop certain mechanism that can help your foresee these changes so you can plan ahead. Invest on doing relevant researches and studies to easily figure out the pulse of your prospects.

3. Hire the best people. If you are running a consulting company, it would be a wise move if you only hire those people who are competent and who have proven track record in consulting services. This is to make sure that your consultants will be able to give your customers 100% satisfaction. Obtain as many information about your applicants during the selection process and make sure that you do background check. You may need to offer these people with relevant trainings so they’ll be able to become more effective on what they do. I also recommend that you offer these people with attractive salary and enormous benefits. Why? It’s because happy employees deliver great results.

4. Beat the competition. Hire people who can do research on your competitors. You will need to do this so you’ll easily figure out what these people are doing in running their business and in attracting clients. The information you’ll obtain will help you draft an effective action plan as to how you can easily outplay these people.

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Women Branding With the Help of an Image Consultant

Jun 14 2023 Published by admin under Uncategorized

Makeovers are one of the most “in” thing nowadays. From women homemakers, to bachelor yuppies, to kids that have no sense of style and aging men who are awkwardly dressed for their ages-makeovers seem to define how a person is. Because of this rampant need to consult experts on the way that people look even image consultants have different specialization.

But, the biggest chuck of the society that image consultants cater to, are the women. Maybe because it is innate for women to be conscious about the way they look especially when they appear in public. Image consultants-especially for working women that are professional-are very important because these people do not only monitor the overall lifestyle and also their lives.

Among the kinds of people that are in need of help through makeovers usually those women who don’t have the time to take care of their appearance due to lack of time such as working moms and stay home mothers. The reason for this that these people are some of the hardest working people on the planet and the people with the least time on their hands to worry about the way they look.

But why is it important for these people to look good? For women homemakers, sometimes it’s a little too much if they put on makeup and dress fabulous. But the truth is that not because they are stay home moms they should forget about looking good. Image consultants that focus on stay home moms’ image have a few things to consider which include the age of the person and the type of lifestyle that they have.

For stay home moms, the major components that an image consultant should pay attention to include clothing, including color and “line” or style of garments; accessories from head to toe; hair; and makeup.

When an image consultant audits a woman’s closet they should look in to these things so that they could build the woman that they want to build. In fact they don’t need to build from the ground up. They could start from finding the right clothes that they could still use and make sure that they look good with the style and the brand that they would want to see.

Women branding

Going back to branding yourself, branding means having a personal style that’s distinctly your own and that could stand out among other styles. It is important to have a personal brand because it is what makes us different from another person.

Branding is like having a name that would stick and people would remember. How many times has this situation happened to you? You are in a party and you keep mingling among the guests and you are meeting a lot of people. After the party, you accidentally bump into one of the people you happened to meet there. You say hi and the person acknowledges you but they can’t remember your name or it’s the other way around. Branding is important because it makes people remember who you are. It’s like when you say Marilyn Monroe, you will immediately remember the mole and the white dress or when you say Elvis Presley, the sideburns and the tassels come in to mind. Now that ‘s branding.

When you brand yourself, you put your signature on the things that you wear and tell other people that this is you. Branding doesn’t have to be expensive clothes and designer products. When you brand yourself, you need to take into consideration the image that you want to portray.

Women’s image consultants have their hands full all the time with the different types of women they have to work with. But one thing is for sure when it comes to them-nothing is impossible.

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