Understanding the Distinction: Shareholders and Directors

Shareholder and Director? In the world of business, there are key players who shape the direction and decision-making processes of a company. Two such players are shareholders and directors. While these terms may seem interchangeable to some, it is crucial to...

The Top 5 Benefits of Cloud Accounting for Small Businesses

Cloud Accounting for Small Businesses Are you tired of spending hours on manual bookkeeping and accounting tasks? Cloud accounting may be the solution you’ve been looking for. With cloud accounting, you can access your financial data from anywhere, collaborate...

Careful! New VAT penalty point system

From January 1, 2023, the consequences for submitting a VAT Return late changed. Even if there is no payment due, late submissions will result in penalty points, and a financial VAT penalty may be imposed. It is important to understand how VAT penalty points work and...