Recovery Runs Out Of Steam in Great Britain in September, Ahead Of New Restrictions The economic recovery loses some steam in September in the United Kingdom, suggests the PMI index on activity in the private sector on Wednesday, at
The Digital Transformation Of Banks In The Post-Covid Era
The current health crisis has quickly paved the way for an unprecedented economic crisis, and has thrown banks on the front line in the face of the crisis, thus taking on a great responsibility: to keep the economy and purchasing
HOW THE ACCOUNTING PROFESSION HAS EVOLVED OVER YEARS IN THE UK
The accounting profession plays a vital role in all forms of commerce. The analysis and reports of monetary data underpins business decision-making and administration in any respect levels. More professions are adept during this ‘language of business’ that are a
RESOLVING A COMMERCIAL CONFLICT THROUGH MEDIATION?
A dispute with a customer or supplier can even jeopardize your business, especially if the conflict drags on and you have to go to court. How about commercial mediation? Mediation is a conciliation process that you can start spontaneously when
Self-employed Income Support Scheme
Yesterday (26th March 2020) the Chancellor Rishi Sunak has announced unprecedented big bailout plan to help self-employed individuals by offering them financial support. The cost for this to the treasury is estimated to be £9bn. Self-employed income support scheme will allow
Financial Support for Businesses During Covid-19
What support is there for self-employed and owner managed Ltd Company directors? In general, most self-employed and owner managed Ltd company can apply for the following available options to support them financial in this unprecedented crisis. The Chancellor Rishi Sunak
Coronavirus Job Retention Scheme
Coronavirus Job Retention Scheme Coronavirus Job Retention Scheme will cover 80% of regular salary of an employee with cap limit to £2,500 a month. Employers must apply for this scheme with HMRC and Coronavirus Job Retention Scheme will be backdated to 1st
BUDGET – HISTORICAL ORIGINS
The term “budget” comes from an old French word, “bougette” or “petite bouge”. The move (from the Latin “bulga”) designated in the Middle Ages the chest or bag in which the traveler took his personal effects (we now use the
Internal Audit
The Eighteen Points that Guarantee the Success Of An Internal Audit Mission The internal audit function is carried out in most companies and development organizations by experienced managers. The success of an internal audit mission requires mastery of the auditor’s
United Kingdom Approves A Digital Tax For April 2020
The British Treasury has established a tax on digital services, which will enter into force on April 1, 2020. The UK digital tax will levy companies whose activity relates to search engines, social media platforms or online sales