21 Sep, 2020 03:02 PM
Benchmarking Your Business: Definition, Significance and Strategies

By following the 9 steps you can successfully Benchmark your business.

Taj Accountants stands high among the renowned small business accountants  in London for offering outstanding accounting and taxation services and advice to corporates, as well as individuals. Our leading firm is always eager to offer advice to our clients and

Admin Category: Business Advice,
15 Sep, 2020 02:49 PM
Are You Paying the Right Amount for Your Income Tax and National

Know all the basics regarding Income Tax and National Insurance before paying them off.

As an employee, every year you have to pay Income Tax and National Insurance on your wages through the PAYE system. In the UK, Income-tax is levied on several types of earnings such as; salaries or wages, interest on securities,

Admin Category: Business Advice,
09 Sep, 2020 02:08 PM
‘Help to Save’ Government Scheme

The scheme is designed to help you with your savings by allowing you to put

If you are planning to save money but you are struggling through the process, then you have come across the right blog of Taj Accountants. In today's blog we have come up with the contents of ‘Help to Save’ Scheme

Admin Category: Business Advice,
05 Sep, 2020 02:01 PM
COVID-19 Tips: Now Is a Good Time to Take Help From a

The advice of an expert mortgage broker can save you both time and money, especially

With the rising financial tensions all over England, businesses and self-employed workers are having questions regarding the current state of the property market. The current state refers that companies that once offered mortgages to people with credit scores of 620

Admin Category: Business Advice,
01 Sep, 2020 01:41 PM
Small Business Tips: How To Manage Your Cash Flow During the COVID-19

It’s important to organize your cash-flow before claiming for any COVID-19 government grants.

The global pandemic has created havoc among the businesses and the economical states around the globe. Countries across the worlds are adopting new measures and policies in order to save the businesses from sinking with an aim to bring back

Admin Category: Business Advice, Business Plan,
28 Aug, 2020 10:27 AM
Unpaid Invoices: How to Chase Them

Keeping up with unpaid invoices can be challenging for small business owners. So, here is

As a small business owner, you might face a lot of hardship while chasing the late payments from your clients and you might at times think you won’t be giving out services on account anymore. But the truth is, these

Admin Category: Business Advice, Business Plan,
26 Aug, 2020 10:12 AM
Scenario Planning: An Effective Tool For Strategic Planning

How to conduct a Scenario Planning Process and Use It In Your Business

As a part of your business plan; you may have looked at the potential threats and opportunities with SWOT analysis, you may have also done the environmental analysis with the help of PESTEL. These analyses are helpful tools for your

Admin Category: Business Advice,
24 Aug, 2020 09:56 AM
How To Protect Your Business From Coronavirus Scams

As more businesses and self-employed individuals are leaning towards working remotely, fraudsters and cybercriminals are

Due to the COVID-19 lockdown situation, remote working has become the trend in the business world. If you’re a small business owner or a small business accountant in London you must have already gotten familiar with the norm and started

Admin Category: Business Advice,
01 Jul, 2020 08:03 AM
A Modern Way of Working During the Coronavirus Pandemic

Being Able to Work From Home is a Silver-Lining to This Covid-19 Pandemic Situation

The COVID-19 pandemic is the biggest challenge that we are facing in this generation. We neither witnessed anything like this before nor were we prepared for such uncertainty. However, technology is always one step ahead to repair any of the

Admin Category: Business Advice,
07 May, 2020 03:28 PM
The Diverse Aspects of EIS and SEIS

We have come up with the difference of Enterprise Investment Scheme (EIS) and Seed Enterprise

The start-ups in the UK is a blooming market for the economy. Statistics show that London alone has the highest rate of 105 startups per 10,000 population in 2018. The start-up environment is thriving with new entrepreneurs and small business

Admin Category: Business Advice,
01 Apr, 2020 03:36 PM
Coronavirus Business Interruption Loan Scheme (CBILS) for Your Business

You are Eligible for a Coronavirus Business Interruption Loan and Find Out How?

Due to the COVID-19 outbreak, the government is taking crucial steps to save the economy and help the businesses stay consistent. Among those measures, Coronavirus Business Interruption Loan is playing a vital role for Small and Medium Enterprises (SMEs) allowing

Admin Category: Business Advice,
31 Mar, 2020 03:59 PM
Government Giving £10,000 Coronavirus Grant for Small Businesses

Procedure for Small Business to Claim the £10,000 Coronavirus Grant

From the chancellor’s announcement, a grant of £10,000 has been declared for the small businesses to keep their flow consistent. It is a one off payment starting from April 2020. Initially, the amount was for £3,000 and which later has

Admin Category: Business Advice,
31 Mar, 2020 03:44 PM
£25,000 Coronavirus Grant for Small Businesses

Procedure for Small Business to Claim the 25k Coronavirus Grant

A Grant of £25,000 per property has been declared for the retail, hospitality and leisure sectors named as The Retail , Hospitality and Leisure Scheme. Businesses in these sectors will get a  £25000 business grant in the UK with a

Admin Category: Business Advice,
28 Mar, 2020 04:26 PM
Government Coronavirus Grants: A Guide for Small Business Owner

A Guide to Claim Government Coronavirus Grants for all Businesses

The Global Pandemic has created havoc in lives and economies. Which leads the government to take preventive measures to mitigate the loss and keep the economy functioning. The measures include ways to facilitate individuals and businesses in various ways. If

Admin Category: Business Advice,
26 Mar, 2020 05:33 AM
Coronavirus Grants and Benefits for Self-Employed

Process to claim beneficial measures taken by the government for self-employed on the Coronavirus pandemic

Self employed individual doesn’t have rights like the employed people. Employed people enjoy some legal protection and we call them Statutory payments which includes SSP, SMP etc. In this Coronavirus outbreak, SSP Statutory Sick Pay has become a part of

Admin Category: Business Advice,
20 Mar, 2020 09:00 AM
Annual Accounts vs Annual Return vs Confirmation Statement: A Holistic View

Annual Accounts vs Annual Return vs Confirmation Statement Explained

Annual Accounts Company’s annual accounts, also known as the ‘statutory accounts’ , are prepared at the end of your company’s financial year to provide an overall view of your company’s financial state.  It is a single document that must be written

Admin Category: Business Advice, Company Formation,
10 Dec, 2019 09:40 AM
Cloud Accounting Software- Benefits and Advantages

The benefits of choosing Cloud Accounting over Desktop Accounting Software

Cloud Accounting Software is an accounting software that is hosted on a remote server. It is neither based on your computer hard drive nor on your local server. Cloud accounting uses the internet to access the accounting data, records and

Admin Category: Bookkeeping, Business Advice,
10 Nov, 2019 03:49 PM
What to Consider When Changing Accountants

Key Factors to Keep in Mind When Transitioning to a New Accountant for Your Small

An accountant plays a very crucial role in every organization. He/she is the one who does not only takes care of your accounts only but also serves as a trusted business advisor for you. He is the one who can

Admin Category: Business Advice,
01 Dec, 2018 03:43 PM
Here's Why Small Businesses Rely More On Small Business Accountants

Discover the Benefits and Advantages of Engaging Small Business Accountants for Your Financial Success

Businesses don't run on promises, they don't run on dreaming either. But when we talk about the profitability of small businesses, the financial dilemma holds a big question mark for all self-employed individuals. Spending countless hours on financial data, bookkeeping,

Admin Category: Business Advice,
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