Importance of Management Reporting
As cryptocurrency becomes more mainstream, governments across the globe have been grappling with how to tax cryptocurrencies. The United Kingdom is no exception, and HM Revenue and Customs (HMRC) issued specific guidance on the taxation of cryptocurrencies in December 2019. Under UK tax law, cryptocurrencies are treated as property rather…
Budgeting and forecasting are important for the success of business as one is in a position to set targets for income and expenditure and they help him to meet those targets as time progresses. Most of the established businesses exercise this and usually have a specialised accountant who assists in…