What is the cost to register a company in the UK?
What is the cost to register a company in the UK? Octa Accountants 6 Min Read April 8, 2023 Company Registration Registering a company with Companies House in the UK is cheaper than expected. Online and postal methods are the most common ways for UK limited companies to apply for registration. If you want to […]
Guide: How to Register for VAT in 2023?
Guide: How to Register for VAT in 2023? Octa Accountants 6 Min Read Mar 31, 2023 Company Incorporations WHAT IS VAT? VAT, or Value Added Tax, is a tax charged upon the price of goods and services in the United Kingdom. Moreover, the standard rate for VAT is 20%; however, this rate is reduced to […]
Outsource Accounting Services in the UK – Why, When, & How?
Outsource Accounting Services in the UK – Why, When, & How? Octa Accountants 10 Min Read Mar 28, 2023 Accounting & Bookkeeping Many UK-based small business owners and SMEs are reluctant to outsource accounting services to an accounting firm. Several startup owners manage the accounting by themselves, which helps them save some costs in the […]
What do you need to know about company incorporation in UK?
What do you need to know about company incorporation in UK? Octa Accountants 6 Min Read Mar 15, 2023 Company Incorporations Company incorporation in the United Kingdom is an easy process that entails registering your company with Companies House, the UK’s company registrar. Here are some essential details related to company formation in the United […]
How to hire a Virtual CFO for a UK-based business?
How to hire a Virtual CFO for a UK-based business? Octa Accountants 8 Min Read Feb 28, 2023 Virtual CFO Do you want a professional to help you manage your cash flow, set budgets, or acquire capital? A virtual CFO can help you manage the complete financial cycle of your business. But we know many […]
When is a company audit required?
When is a company audit required? Octa Accountants 5 Min Read Feb 10, 2023 Accounting & Bookkeeping Owners of small companies should not be concerned about audits, but if their company is expanding and becoming successful, company audits are required. An independent audit verifies the authenticity and dependability of their financial statements, providing trust to […]
What are the different types of VAT schemes in the UK?
What are the different types of VAT schemes in the UK? Octa Accountants 5 Min Read Feb 10, 2023 Accounting & Bookkeeping The way VAT operates differs depending upon what VAT scheme you register. Different types of VAT schemes have distinct criteria such as eligibility and reporting standards. Let us explain different types of VAT […]
What is included in bookkeeping? and how it helps a business?
What is included in bookkeeping? and how it helps a business? Octa Accountants 4 Min Read Jan 28, 2023 Accounting & Bookkeeping Let us explain what is included in bookkeeping and how it helps you manage your business. Bookkeeping is the process of organising, analysing, and preserving a company’s financial records. It entails recording transactions […]
How to value a business to sell in the UK?
How to value a business to sell in the United Kingdom? Octa Accountants 6 Min Read Jan 24, 2023 Business & Risk Advisory Evaluating a company’s fair market value can be a challenging task. There are several aspects to consider, but it is an essential financial skill for corporate leaders to achieve success. This article […]
Why is Financial Audit Important for UK startups & businesses?
Why is Financial Audit Important for UK startups & businesses? Octa Accountants 5 Min Read Jan 15, 2023 Audit & Assurance An audit is essential as it proves a business’s credibility via a company’s financial statements, and it also provides confidence to shareholders. Moreover, it is necessary to improve business performance, systems, and controls. An […]