5 Steps to Manage Making tax Digital for Your Clients

Making Tax Digital is finally here. Below are some of the key points:

• April 2018 for income tax and National Insurance contribution (NICs) purposes if client’s turnover is over the VAT threshold
• April 2019 for income tax and NICs purposes if client’s turnover is below the VAT threshold

• April 2019 for VAT purposes for everyone who is VAT registered
• April 2020 for Corporation Tax (CT) purposes for everyone who pays CT

Below are the 5 Steps you can make Making Tax Digital simplified for your practice:

Corient helps Accounting Practices to manage their back office by providing Book Keeping, Payroll, Year End on a real time basis on various softwares including Xero, SageOne, Quickbooks, Freeagent, Kashflow, Xero Workpapers, IRIS, Digita. Our services help accountants to take on additional work and significantly increase revenue  without hiring and training the team at extremely low costs

If you need any free consultation on how you can increase revenue by adding service lines, please feel free to get in touch with us info@corinetbs.com

Visit us at : http://www.corientbs.co.uk

How to Lower Your Break Even?

We are continuing from our previous blog on how to calculate your Break-Even Point. If you missed it, please read our previous Do you know your Break Even Point?In this blog, I will share with you few ways to reduce your break-even point.  A lower break-even point leads to more profit, more cash and lower the organisation pressure on sales.

Below are some of the ways to look at how you can reduce your break even sales point:

Happy Accounting!

Corient helps Business to manage their accounting function by providing Book Keeping, Payroll and Other Services on a real time basis on various softwares including Xero, SageOne, Quickbooks, Freeagent, Kashflow, XeroWorkpapers,. Our accounting services help businesses to take right decision and grow by business based on accurate and timely financial data

If you need any free consultation on how you can increase revenue by adding service lines, please feel free to get in touch with us at info@corientbs.com

Visit us at : http://www.corientbs.co.uk