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Giving back to society is always a good thing, but how do you track your donations, especially if you make them throughout the year? You need a bookkeeping system for tracking your charitable donations so you don't miss a single deduction.

Global acceptance of cryptocurrencies is increasing, with growing popularity of digital assets such as Ethereum and Bitcoin fueling market growth in the years to come. Should these cryptocurrencies be on your balance sheet? Read to find out more.

It may be one thing to remember the important dates, but preparing for them is another ball game altogether. Set yourself up for success this year by planning out your sales and marketing initiatives around 2022’s key retail calendar dates.

Can you imagine paying for something you can't see or feel? Even though it seems odd, you're probably already doing just that with your mobile plan or paid apps.

It might be confusing to you, if you are new to Amazon selling, or even if you are just thinking about it, what Amazon seller fees are. Being one of the world's largest marketplaces, Amazon isn’t free for businesses.

Fulfillment by Amazon, or FBA, as it’s often called, allows individuals and businesses to sell products on Amazon without lifting a finger - the platform does everything for you.

With so many opportunities for businesses, the only reason not to get started is because you haven’t got an online store - and Square Online answers that problem for you. Available in the United States, the United Kingdom, Australia and Ireland.

How do you know your business is doing well? Or the new growth tactic you applied a month ago is taking your business in the right direction? The answer is having precise data of all activities of your business proceedings.

The boom in e-commerce is great for business, but does mean more responsibility and demands for business owners. If financial matters are starting to build up, it might be time to get an accountant for your e-commerce store.

We are inundated daily with countless ads throughout our day, both online and offline. As an e-commerce store retailer, one of the challenges that you may face is trying to get your products and message across to prospective customers.

Although the sales period will mean that your customers’ shopping carts will be busier, this also brings about its own set of challenges for your online business. Follow our holiday season checklist to ensure your business is well equipped for the shopper surge.

The e-commerce business in the UK is booming. In 2021, Statista reported that online marketplaces has been flourishing with projected sales of £80.678 million. In addition, the global pandemic has accelerated the digital economy.

In the UK, MTD for VAT is revolutionizing the tax system by integrating digital financial records. From April 2022 onwards, it will apply to VAT-registered businesses of all sizes. So how can entrepreneurs get up to speed with the new rules? By reading this blog.

As a business owner, you can’t escape paying taxes. But what kind of taxes would you have to pay, and how are you taxed?

If you are a tax resident of the UK and have a business established in the UK or overseas, your income might not be double taxed in the UK as a result of the double tax treaties in place. What exactly are Double Tax Treaties?

Osome’s own Senior Accountant, Taimur Ghafoor answers FAQs by e-commerce business owners from all around the world ranging from when the best time to get an accountant is, to what expenses are allowable for e-commerce owners.

The EU is set to introduce a new eCommerce VAT package that will come into effect on the 1st of July 2021. Understanding your VAT requirements is already a tough task, especially if you specialise in cross-border eCommerce. Unfortunately, however, it’s about to become even more complex.

What exactly do you need to prepare during the tax season? This article will share 8 steps on how to prepare taxes for online business.

Being the boss of your own company means you get the flexibility to decide your own schedule, but when it comes to tax season, things might get a little confusing. No worries though, we're here to guide you through the process so you can stay compliant with the law.

When you work for a company, they handle all taxes under the PAYE scheme. As a freelancer, however, this burden falls back on you — so it’s crucial you understand what your tax obligations are.

While most business owners have the misconception that VAT registration is tedious and an additional bill to look after, VAT can also be advantageous to your business.

If you consider your company an SMB, you may be asking, “Will there be VAT after Brexit?”. This article will touch on the major regulatory changes for VAT which all UK and EU businesses need to be aware of after Brexit in 2021 onwards.

When it comes to actually submitting your payment, you might be wondering whether it’s best to use your personal credit card or your company card. Does it even matter? And if so, why?

Once you’ve crossed an annual turnover of £85,000 within the last 12 months, you must register for VAT with HM Revenue and Customs (HMRC), but what’s next? Find out how much to charge and how to reclaim VAT.

Inflation is now at 9% (with some expecting it to go higher). That means higher cost of raw materials, staff wanting raised wages, higher interest rates. It ain’t easy to be an SME – but there are some quick actions you can take to shield your business.

Osome was honored to host Steven Bartlett for a special masterclass on building a business. The masterclass was wide-ranging, taking in Steven’s past, his entrepreneurial insights, regrets and lessons.

Side hustles are increasingly popular nowadays, largely thanks to the rise of the internet, e-commerce, and social media. But how do you know when you can turn your side hustle into a full-time enterprise? What are the signs that your side hustle is ready to take the next step? Find out here.

Many e-commerce businesses struggle to attract customers because of the emergence of digital technologies, which has created a crowded market and intense competition. The good news is, there are tried and tested marketing strategies that can give you a leg up in the competition.

Companies can do a lot to become an environmentally friendly business. Here are five simple steps to help your business become a green business.

Thinking of pursuing an entrepreneurial journey? An MBA provides you with an edge over your competition -- but is it absolutely necessary to hold one in order to create a successful business? Read on to find out more.

Electricity and gas are some of UK business’s largest expenses. And with prices at high levels, they’re only getting more and more expensive.This article explores 5 simple ways in which you can reduce the cost of your electricity and gas, helping you keep more of your cash.

Businesses of all shapes and sizes must also prepare for increased energy costs, with the rise particularly concerning for SMBs. Let’s examine how the price increase will affect SMBs, dig into the slither of good news (well, the not-so-bad news!), and outline how the government is planning to help.

As a small business owner, you have probably experienced having to wear multiple hats, undertaking everything from marketing to accounting. Running a business involves many different interconnected variables, with accounting being one of the essential tasks.

As a business owner, having your own space to run your business can be an exciting thought. However, renting your own office space is a huge decision, and one that requires much consideration and planning before implementation.

Digitising payment methods will help you take payments quickly. Many entrepreneurs are now running an online business and it’s not possible to make offline payments or cash on delivery every time. At the same time, you have to stay on top of current trends and meet your customer’s needs.

After making it through the pandemic, how will the new Health and Social Care Levy (HSCL) affect your bottom line? Many small businesses will feel overwhelmed. But you can take control by understanding the immediate changes and preparing for the future consequences for your business.