Operating a business can be a costly endeavor and it is extremely important to make sure your employees are tracking their expenses to reduce tax bills.
Managing expenses is never a simple process, but if you automate the task, you can easily improve your workflows in finance.
The American business magazine Forbes recently published an article, claiming that many companies have been revisiting their expenses policy during the global pandemic. In this blog we share our top ten tips for a successful expenses policy.
ExpenseIn is delighted to announce its partnership with the corporate travel platform TravelPerk to streamline business travel expenses. Trip invoices and details for bookings made on the TravelPerk platform directly feed into ExpenseIn for easy and quick reimbursement.
Each year, the Collins’ dictionary identifies the most popular words used across websites, books and newspapers and unsurprisingly, the global pandemic was dominating the choice in 2020. Coronavirus, social-distancing, keyworkers and furlough were included in this year’s shortlist, but today the word “lockdown” was announced as the word of the…Read more »
The global pandemic has changed the working environments for millions of people who turned their living room spaces into makeshift home offices to help stop the spread of the coronavirus. With the new shift to homeworking, the demand for cloud-based services went through the roof. Figures published by the Synergy…Read more »
In times of uncertainty, it’s more important than ever for business owners to keep their companies in the best financial position. ExpenseIn’s sales manager Emma has shared her top tips to keep your business thriving during crisis.
The Coronavirus pandemic has forced a change in working life. The vast majority have had to quickly adopt remote working practices and embrace new technologies. But remote working is nothing new; the current global situation has merely sped up our adoption. Companies for a long time have seen the benefits…Read more »
The Government objective in introducing Making Tax Digital (MTD) is primarily to close the tax gap, whilst making it easier for individuals and businesses to get their tax right and keep on top of their affairs. HMRC believes that, through error or mistake, a considerable amount of tax is lost to…Read more »
When it comes to ensuring that businesses are complying with tax rules, HMRC take no prisoners. In 2015 alone, a crackdown on VAT rules earned the government an extra £468 million in tax (according to UHY Hacker Young). Unlike large organisations, many SMEs lack rules and processes, therefore the risk…Read more »