A company is called a joint venture company (JVC) if its shareholders hold 50% or less of its shares and voting rights. (It would be called a subsidiary of a holding company if its shareholder held more than 50% of the shares and voting rights.) The Investing Company…
From 18 November 2025, it will become a legal requirement for identity verification if you’re a director or Person with Significant Control (PSC) of a UK company. This is part of the Economic Crime and Corporate Transparency Act 2023, aimed at preventing the misuse of…
South Africans Living Abroad – Is Your Company a CFC? This blog is for South African individuals living abroad who have a company in a foreign jurisdiction and want to understand how Controlled Foreign Company Tax may apply to them. If you’re unsure…
As part of our Xero cleanup service, the following tasks are carried out to get your accounting records in order. This can be done entirely by our team, or we can work alongside and assist your bookkeeper to complete the Xero cleanup. This list isn’t exhaustive but…
We believe Xero is, first and foremost, a tool for the business owner. It should provide a quick and easy way for you to have oversight and control over your business figures. Bookkeeping in Xero should therefore be accurate and maintained in real time. Keeping your…
As part of our standard approach, we carry out an accounting health check to assess the quality and reliability of your bookkeeping in Xero (this is the case whether the bookkeeping is done by yourself or one of our bookkeepers). This gives us a clear picture of how…