The tax season is here. The tax season is the period when business owners and general taxpayers engage in a race against time. It can be stressful and frustrating. To save yourself from the mad rush that comes with preparing and filing tax documents, you need specific strategies. … [Read more...]
Machine Learning, Artificial Intelligence & the Future of Accounting
Do you fear that machine learning will replace accountants and bookkeepers in the future? The integration of various forms of technology, including machine learning, cloud computing, and multiple types of automation, in different industries, might seem daunting to the … [Read more...]
Making Tax Digital
VAT-registered businesses with a threshold of £85,000 should start digitising tax. HRMC has announced this policy recently which is effective from April 1st, 2019. Even if your current turnover is less than the threshold above, you can sign up for MTD for VAT as it is here to … [Read more...]
Small Business Accounting Checklist: 20 Key Things to Do and When to Do Them
Be it personal or corporate tax services, GTA Accounting’s bookkeeping services are here to guide you through the process of maintaining an organized and easy-to-access bookkeeping system. To ensure your business’ success and protection through proper bookkeeping, the following … [Read more...]
5 Bookkeeping Tips For Small Businesses
Bookkeeping is inherently complex, regardless of the business size or niche. Small business owners tend to find bookkeeping particularly challenging as they cannot afford to hire a full-fledged accounting staff. It certainly helps to get into the habit of sweating the small stuff … [Read more...]
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