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The Tech Relief blog is here to bring you the latest news and articles on accounting in tech and for startups.
Capitalising assets: A guide
Capitalising an asset is a fundamental concept in accounting that plays a crucial role in how businesses manage their finances. Understanding when and why to capitalise assets can ... more
Difference between balance sheet and profit and loss account
In the world of finance and accounting, two key documents provide insights into a company's financial health: the balance sheet - sometimes referred to as the statement of financia... more
6 reasons to file your Self-Assessment early
As the self-assessment deadline approaches, many taxpayers find themselves scrambling to gather documents and complete their tax returns. However, there are compelling reasons to f... more
A guide to registering your business for VAT
Value Added Tax (VAT) is an indirect tax levied on the supply of goods and services. It is collected at each stage of the supply chain. Businesses may have to charge VAT on their s... more