A bookkeeping system where every transaction affects at least two accounts, keeping the accounting equation (Assets = Liabilities + Equity) balanced. One account is debited, and another is credited. It ensures accuracy and is the foundation of modern accounting.
Simplified annual accounts UK companies must file with Companies House when they have had no significant financial transactions.
The tax-free amount of dividend income UK taxpayers can receive each tax year before dividend tax applies.
A US registration allowing a business to operate under a name different from its legal entity name.
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