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Let's talk about Business Audits.👇🏼 A business audit examines your company's financial records at the end of each year. Business audits are there to protect business assets. Which in turn, provides you peace of mind. We highly recommend having a business audit. We deal with: 👉🏻Voluntary Audits 👉🏻Statutory Audits 👉🏻Charity Audits 👉🏻Independent Examinations (Charity) For help with your company audit, please don't hesitate to contact our team at LHP. 👏 #accountants #accountantlife #bookkeepingtip #entrepreneur #entrepreneurlife #entrepreneurship #smallbusiness #businesstips #businesslife #businessgrowth #bookkeeping #accounting #taxes

What Expenses Are Tax Deductible? 🧾 Understanding what expenses are tax deductible can help you reduce your taxable income and save money. Here's a breakdown of common tax deductible expenses in the UK: #TaxDeductions #UKTax #BusinessExpenses #Charity #FinanceTips

Have You Ensured Your Business Is Financially Sound from All Angles Running a business involves navigating a myriad of financial complexities. As business financial advisers, FinancePro provides comprehensive advice that goes beyond traditional bookkeeping, taking on a more advisory role, managing not only the books and suppliers but also banking, paying bills, handling utilities, pricing, and lending needs. Think of us as an integrated Financial Department you can attach to your business. This comprehensive approach is proving very effective as by collaborating closely with referral partners, we have delivered tailored financial solutions across various sectors, including auctioneers, construction, healthcare, charity, and accommodation. We address every aspect of your business’s financial landscape, ensuring your business is covered from all angles. Feel free to reach out to discuss how we can tailor our services to meet your unique needs and goals. Together, we can build a solid foundation for your business’s financial future. #FinancialAdviser #BusinessAdvice #IntegratedFinancialDepartment #Auctioneers #Construction #Healthcare #Charity #Accommodation

📊 Don't let financial mistakes get you penalties! 🦸 Finance Box's bean-counting superheroes will ensure your finances stay onside! ⚽ 💚 Our expert tax preparation, compliance services and guidance mean you can avoid 🟥 red cards and keep your business running smoothly. 🖥️ Get in touch today: https://lnkd.in/eKHk3M7P #FinanceBox #uefa #euros2024 #TaxCompliance #SmoothFinances #SoccerAndFinance #tax #smallbusiness #charity #accountants

Do Charities Pay Corporation Tax in the UK? 🤔  Explore the rules, tax obligations, and key details every charity should know about taxation in the UK.  From registration with the Charity Commission to understanding tax exemptions, this blog has you covered.  📖 Dive into the full guide and stay informed!  https://lnkd.in/dJFZSj3s - - - 📞 020 8686 8876 📧 info@cruseburke.co.uk 🌐 www.cruseburke.co.uk #CharityTax #UKCharities #CorporationTax #CharityFinance #TaxCompliance #AccountingMadeSimple #TaxServices #BusinessGrowth #FinancialFreedom #Vat #BusinessSimplified #FinancialClarity #TaxExperts #ProTaxAdvice #AccountingExperts #TaxSeason #HMRC #UKTax #TaxAdvice #Accounting #Bookkeeping #Payroll #Accountants #Finance #CruseBurke #Business #CroydonAccountants #UkAccountants #UK #Croydon #UnitedKingdom

Profit margin is the percentage of revenue left after paying business expenses. There are two main types of profit margin. 1. Gross profit margin is the portion of income left after paying for the goods and services you sell. 2. Net profit margin is the portion of income left after paying all costs and taxes. Remember, without accurate bookkeeping, profit margins are likely to be miscalculated, potentially leading to misguided business decisions. Empower your decision-making with crystal-clear financials.  #VirtualBookkeeping #RemoteBookkeeper #NonProfit #NonProfitBusiness #Charity #SupportLocal #NGO #ForaCause #CommunityOutreach #bookkeeping #accounting #enrolledagent #taxes #ChapelHillBookkeeper #ChapelHillAccountant #NorthCarolinaBookkeeper #NorthCarolinaAccountant #ReQoncileFinancials

WHAT BUSINESS EXPENSES CAN YOU DEDUCT? Depending on your business and expenses, you may be able to deduct certain business expenses on your tax return. You can deduct such things as: - Car Allowance, Business Travel, Employee Expenses, Charitable donations. 📞 02392 988841 💻 info@htadvisory.co.uk #FinancialAdvice #Accountancy #Finance #Accountants #Portsmouth #Tax #HTAdvisory #HenryThomasAdvisory

Business driving may come to mind when you think about tax deductions for vehicle-related expenses. However, businesses aren’t the only taxpayers that can deduct driving expenses. Individuals may also be able to deduct them in certain circumstances. Unfortunately, under current law, you may be unable to deduct as much as you could years ago. For 2018 through 2025, miles may only be deductible in limited circumstances. The 2025, the per-mile rate varies depending on the purpose. For business, it’s 70 cents; for medical driving for eligible itemizing taxpayers, it’s 21 cents; for active-duty military moving, it’s 21 cents; and for charitable itemizers, it’s 14 cents. Questions? Contact us. Read more here: https://lnkd.in/gQc_wnHf

Maximise the impact of your charitable work with our expert bookkeeping services. Let's create change together! 💙💼 #businessadvice #helpothers #finance #helping #socialworkstudent #makemoney #helpingothers #numble

Business driving may come to mind when you think about tax deductions for vehicle-related expenses. However, businesses aren’t the only taxpayers that can deduct driving expenses. Individuals may also be able to deduct them in certain circumstances. Unfortunately, under current law, you may be unable to deduct as much as you could years ago. For 2018 through 2025, miles may only be deductible in limited circumstances. The 2025, the per-mile rate varies depending on the purpose. For business, it’s 70 cents; for medical driving for eligible itemizing taxpayers, it’s 21 cents; for active-duty military moving, it’s 21 cents; and for charitable itemizers, it’s 14 cents. Questions? Contact us. Read more here: https://lnkd.in/gTFXzVkw