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Double Entry Bookkeeping: Explained with Examples

Learn about double-entry bookkeeping, a method for recording financial transactions in two accounts to ensure accuracy and balance for business finances.

Advantages and Disadvantages of Being a Sole Trader

Explore the advantages and disadvantages of being a sole trader in the UK including benefits, tax benefits and liability risks. Visit phs-uk.co.uk today!

How to Check if a Company Is VAT Registered

Confirm a company's VAT registration by visiting HMRC's online VAT checker and entering the company's VAT number to validate its status.

How to Set Up a Personal Tax Account with HMRC

Learn how to set up or sign in to your personal tax account to manage HMRC records, including income tax and self-assessment information.

How to Reduce Your Corporation Tax Bill

Learn how to potentially reduce your corporation tax bill by visiting HMRC’s online VAT checker to confirm if a company is VAT registered.

Best Accounting Service in the UK | Online Accountant

PHS Associates offers online accountant service, tax planning, and payroll solutions. Get a free consultation.