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As tax policies evolve, staying informed about upcoming changes to Capital Gains Tax (CGT) is crucial for effective financial planning. At Kings Oak Accountancy, we aim to provide you with the insights and strategies needed to navigate these changes successfully. Here's a look at the anticipated changes to CGT and steps you can take now to prepare.

Invoicing can be a tricky and time-consuming process, especially if you're new to the game. To help you out, we've put together a list of seven basic invoicing FAQs that you may have been too embarrassed to ask.

Payroll is one of the most critical, and often overlooked, aspects of running a business. It's also one of the most complex and time-consuming tasks that a business has to deal with.

Your operating profit margin is a measure of your business's profitability. It tells you how much profit your business generates from its operations, after deducting the cost of goods sold (COGS) and operating expenses.

If you're a business owner, then you need to know about double-entry accounting. This system is the foundation of modern accounting, and it's essential for understanding your financial statements.

In this blog post, we'll introduce you to double-entry accounting and explain how it works. Once you understand this, you'll be able to better manage your finances and make informed decisions about your business.

The biggest financial mistake that business owners make isn't about credit cards or spending or savings accounts.
- It's DIY accounting.

Did you know that your accountant could do more than just help you with your taxes? In fact, accountants can help you with a variety of tasks, including bookkeeping, financial planning, and even business consulting. If you're not taking advantage of all the services your accountant has to offer, you're missing out on valuable assistance and wasting money.