How Can UK Businesses Deal With Record-High Inflation?
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.
Making Tax Digital: What SMEs Need To Know
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.
Business Management Costs: How To Save on Electricity or Gas Bills in the UK
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.
What UK SMBs Need To Know About the Rise in Energy Bills
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.
OSS or IOSS? VAT One-Stop-Shop Rules for E-commerce in the EU
Since July 2021, the European Union’s (EU) existing VAT rules have been replaced by two new alternatives: the One-Stop-Shop (OSS) scheme, and the Import One-Stop-Shop (IOSS) scheme.
Guide To Become an Amazon Seller
When it comes to selling your products on Amazon, there’s clearly a lot of money to be made. But prospective sellers face stiff competition. There are over 9.7 million Amazon market sellers worldwide. So, how can you stand out amongst the crowd—and most importantly, how can you be successful?
What’s the Cost of Living for a Foreign Business Owner in the UK?
The UK is an attractive place to settle given its fairly high standards of living, state healthcare system, and reasonably strong economy. However, if you’re a foreign business owner considering moving to the UK then there’s another major factor that you must first consider: the cost of living.
A Guide to Changing Company Name and Information
Change is part and parcel of business—so you need to know how to change your company name and information in order to stay fully compliant with HMRC and Companies House going forward.
7 Questions on Accounting, Taxes & Brexit Answered
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.