Income tax is tax charged on income earned by individuals and it’s used by the government to run and maintain the state. The government tax year starts on 6th April to 5th April the following year, so we have just come to the end of 2015/16 tax year and started 2016/17 tax year. Tax year … Read More

IAS 12 Income Taxes defines deferred tax liabilities as the amounts of income taxes payable in future periods in respect of taxable temporary differences. Temporary differences are differences between the carrying amount of an asset or liability in the statement of financial position (balance sheet) and its valuation for tax purposes. These temporary differences arise … Read More

Which aspects of your current job may relate with any of these? Are you involved with receiving money, reconciling or setting up any form of reports or money collecting or money holding system, banking, etc? For example, if you are a cash till operator in Tesco, you will find that some part of the job … Read More

WHAT DOES YOUR CV SAY ABOUT YOU? It is always important to sell yourself right through your CV. I always say, “your CV has to speak well about you before you are called to speak for yourself”. That is, the CV must be able to attract the correct attention before you are given the opportunity … Read More

It has always been an issue in many economies and the UK is not exempt from the fact that many individuals struggle with managing their finances and ensuring that their cash flows are managed adequately. One of the first issues to address will be the simple principle of self discipline. Self-discipline in being able to … Read More

Yes – you’ve set a plan in motion, and you are taking steps towards its achievement. But what roadblocks may rise up to stop you? What things could get in your way – foreseen and unforeseen? (I know, if it’s unforeseen how are you going to see it. Use your imagination, that’s the point of … Read More

When looking for a job in the accounting field the first question that most prospective employers will ask you ‘What previous experience do you have?’ Work experience is key, when trying to secure a job. It informs employers of what you have done in the past and how much knowledge you have in your field. … Read More

In communicating you have to express your communication skills in writing or verbally at an interview. If you are asked- how do you cope or work under pressure? A scenario in your personal life or at work can come into play. Let’s take a personal encounter for example in this situation A person in final … Read More

On average, recruiters will spend 20-30 seconds glancing over your CV, so you need to make sure that they will see that you are their dream candidate fast! Use these tips below to generate their interest and keep it long enough to call you for that interview:   § Overall Content. When a potential employer … Read More

Where you have been able to get your CV to speak for you and you have been called for an interview, you then have to speak for yourself at the interview. In the first blog on interviewing techniques, we mentioned a few bullet points which we are continuing with in this blog. AT THE END … Read More