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Corp Tax and Vat on Fixed Assets
Fixed assets are considered all assets that are not consumed during the course of business; these can be buildings, lands, equipments, cars or other items. In accounting terms, the term “fixed” does not mean that the asset is immovable; some of the fixed assets may actually be moved. As a general rule, any asset that…
Things to check when preparing year-end accounts
For the preparation of the year-end accounts, most companies use an accountant. For many businesses, this can be a difficult task, but if you learn to offer all the information required by your accountant, it can become relatively simple. Here are ten things you need to check when preparing year-end accounts. They contain the basic…