11 FAQs About VAT Registration & Filing
11 FAQs About VAT Registration & Filing Octa Accountants 7 Min Read Aug 20, 2024 VAT Tax Filing VAT registration and filing is essential if you’re running a business in the United Kingdom. Here, we have answered a list of frequently asked questions (FAQs) about VAT registration and filing. 1. When is VAT Registration Required? […]
How to calculate VAT on Amazon sales?
How to Calculate VAT on Amazon Sales? Octa Accountants 6 Min Read Aug 8, 2024 VAT Tax Filing VAT is a prerequisite for any business operating in Europe and a major cost driver; thus, knowing about VAT is mandatory for any Amazon seller. For beginners in selling or those who want to expand their business, […]
What are the Inheritance Tax Laws in the UK?
What are the Inheritance tax Laws in the UK? Octa Accountants 6 Min Read Jun 29, 2024 Inheritance Tax Inheritance Tax (IHT) is of essence to any form of wealth planning and management. Understanding how it works and different exemptions can aid in the process of making proper decisions and planning the minimization of taxes […]
5-minute Guide on Self-Assessment For Sole Traders 2024
5-minute Guide on Self-Assessment For Sole Traders 2024 Octa Accountants 5 Min Read June 22, 2024 Self-Assessment The effective management of finances is important for sole traders, and the knowledge of possibilities for deducting certain expenses from the gross income is obligatory for such individuals. Such cost can directly be subtracted from the income and […]
How to set up a personal tax account in 2024?
How to set up a personal tax account in 2024? Octa Accountants 4 Min Read June 21, 2024 Self-Assessment Tax Registration of a personal tax account (PTA) requires formation of an individual’s personal tax account that helps in overseeing of taxation affairs in the United Kingdom of Great Britain and Northern Ireland. The Government has […]
What is Odoo accounting software & how to use it?
What is Odoo Accounting Software & How to use it? Octa Accountants 8 Min Read June 14, 2024 Accounting Software SMBs are usually struggling with the problem of the dispersed and often very ineffective accounting environment. These ad-hoc solutions are often fragmented and lead to duplication, errors, and the need for manual interventions. The intra-organizational […]
What is Zoho Books & How to use it?
What is Zoho Books & How to use it? Octa Accountants 7 Min Read Jube 1, 2024 Accounting Software What is Zoho Books? Zoho Books is a multipurpose accounting software suitable to size and medium enterprises that offer a wide variety of options that enable small businesses to manage their accounts efficiently. The platform is […]
FreshBooks VS Zoho Books: Which one is a better accounting software for you?
Freshbooks Vs Zoho Books: Which one is the better accounting software for you? Octa Accountants 6 Min Read May 16, 2024 Accounting Software What is Freshbooks? FreshBooks makes the billing process easier through automated invoicing you can send through email, online payment such as ACH and credit card, and getting notifications of future due bills, […]
Beginners Guide on How to Use FreshBooks
Beginners Guide on How to Use Freshbooks Octa Accountants 6 Min Read May 11, 2024 Accounting Software Are you a freelancer, small to medium business owner, or entrepreneur looking for a way to centralise managing your finances? Freshbooks is an efficient cloud accounting software that can be used to organise your finance operations , issue […]
5 Best AI Tools For Accountants 2024
5 Best AI Tools For Accountants 2024 Octa Accountants 7 Min Read May 10, 2024 AccountingTips Technology has always taken a lead in development in the finance and accounting industry today. As time passes, the traditional practices keep losing their meaning because of the emergence of new technologies in technology. Within these emerging technologies, artificial […]