TECHNICAL TIMES

    MAKING TAX DIGITAL IN THE UK   April 2022 is the final phase of Making Tax Digital for VAT and requires VAT registered businesses with taxable turnover above the VAT registration threshold to keep records in digital form and file their VAT Returns using software. This article attempts to provide a detailed guide to MTD, its function, benefits and changes. WHAT IS MTD? Making Tax Digital is an integral initiative of the government's Tax administrative strategy. Its main objective is to help to reduce the tax gap by  Making the tax records digitally Using software that work with MTD Submit tax reports quarterly. This is an initiative to make HMRC as the most technologically advanced tax administration in the world, and complete the finalisation process by the end of year. MTD LEGISLATION  Primary legislation of VAT and Income Tax is contained in the Finance (No.2) Act 2017. This provides details about the broad framework of Making Tax Digital. Secondary legislation for VAT came

  SMALL BUSINESSES AND ZOHO BOOKS : A UK EDITION HOW IS THE ECONOMY IN UK?  The United Kingdom’s economy is consistently on the  front page elucidating its performance in production of goods and services and supply of money. According to the Bank of England, the UK's economy is based on factors like GDP, health conditions, inflation, unemployment, and inequality. Thus, these factors are affected with the fluctuation and contribution of the state’s business firms. ROLE OF SMALL BUSINESS IN UK The economy in the UK is very dynamic. The major private funds are the builders of the small scale enterprises. Most of the private owned companies fall under the category of SME. The economy of the UK is best when compared to many other economies, as it welcomes small scale businesses and makes them attractive to the people. Small businesses are local based and have an added advantage to make a great connection with people who can't afford.  Small businesses are the backbone of the UK eco

Have you ever thought of ending up a day without WhatsApp, Instagram, Twitter, Facebook, Swiggy, Amazon, Spotify and so on? The most of the answers are no. Why? Come on...We live in 2022. These Applications has been an integral part of a common man. If you are a person owning a business, trade, marketing, or any of the field it be, it is very essential to invest your budget upon some software or application for your upliftment and betterment, since the software industry has a wide reach among the people today. Choice of Software or applications for business development: business tools While you pickup a software or application, consider the following business development tools to manage your trade and commerce in tranquil and triumphant. As per the recent analytics on social media marketing, digital marketing, CRM, project management, SEO, on must keep in mind these  four choices  to be incorporated. Integration of information and data: Smart business software to integrate all details

  DOCUMENTARY ZOHO CRM ZOHO CUSTOMER RELATIONSHIP MANAGEMENT Introduction: ZOHO CRM  is a storehouse of all services for your small to large scale business of any kind. It eases you to manage sales, marketing, and customer relations and  support activities and simplify your process, policy, and people of your principles. It is considered to be one of the best softwares in the market with all-inclusive business needs to function efficiently. Features of ZOHO CRM: Every strong building needs a significant foundation. ZOHO CRM provides you with a strong and sound foundation for your business with its vast features . Sales force automation software -  to enhance sales productivity, it supplements the sales reps to rapidly collect the data and information that has been automated by the ZOHO CRM eventually saving time and allows us to focus only on the king customers. Lead management system - to drive more sales, identify the quality of leads and analyze and capture them, convert them into