Startups: Using training effectively

Whether you are aiming for increased sales, more efficient production, better use of IT or simply a reliable team that can solve its own problems, training is often the best solution. Training can turn an employee from mediocre to good, and make a good person excellent. A systematic approach starts by identifying where training can …

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Income Tax and Self-assessment

Income Tax

Income tax and self-assessment Increasing numbers of tax payers are affected by self-assessment, including the self-employed and paid company directors. If you are one of them, there is no need to be concerned. As long as you keep detailed financial records and meet the deadlines for completing the return and paying tax, you should not …

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VAT While VAT creates additional paperwork, it can also reduce your costs by allowing you to reclaim the VAT you pay on your business purchases. Many businesses have no choice but to register for VAT once their sales reach £85,000 a year. You need to understand whether you can or should register for VAT, and …

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UK Corporation Tax

Corporation Tax

Corporation tax If your business is a company, you need to submit corporation tax returns and pay corporation tax on your profits. Although you are likely to use accountants to prepare your returns and calculate your tax liability, you cannot afford to ignore corporation tax until the year end. The way you finance and manage …

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1. Accounting/transaction processing
Processing of basic accounting and transactional data.
2. Analysis
Analysis of income and expediture by budget vs actual, by funds, projects and donors/grants
3. Management and donor reporting
Number and the depth of management and donor reporting required including how often the reporting cycle
4. Annual reporting
Annual statutory reporting and filing

Total 1