The recent increase in VAT on services in the UK has created quite a stir in the accounting industry. As such, some accountants have decided to go ahead and re-classify their services as ‘VAT exempt’ rather than ‘VAT exempt’. However, this is not without reason. There are a number of accounting firms who are able to thrive irrespective of the recent increase in tax due to VAT.

This means thataccounting firms have to cater for a number of clients. Not all clients are UK based. Therefore, there needs to be a UK company with which they work. The majority of accounting firms are UK based. This can be attributed to the fact that the majority of firms need to have branches in the UK and therefore have to cater for a huge clientele base spread across the different islands of the UK.

VAT On Services Charged
For such firms, being VAT exempt allows them to offer a wider range of products and services to their UK clients. Since accounting firms have a vast client base in the UK, being VAT exempt allows them to offer a higher quality service to their UK customers. Therefore, for such firms, being VAT exempt is a benefit that outweighs the benefits that they get by being VAT on services charged. The latest VAT results show that accounting firms have benefited greatly from this.

VAT on services has become a major headache for accounting firms all over the world. However, accounting firms in the UK have been hit hard by this. The recent increase in VAT has meant a hike in clients. This means that even accounting firms who are VAT exempt have seen a sharp fall in their client base.

Accounting Firms
In such a scenario, it becomes essential for accounting firms to look at ways in which they can reduce their overall expenditure and increase their customer base. This is where they can look at ways in which they can expand their business. The scope of expansion includes taking up new projects and expanding into other areas. There are also other options like combining their existing client base with other firms that offer similar products and services.

This way, accounting firms can ensure that they remain on top of their game. They can do this by ensuring that they offer competitive prices. Competition among the accounting firms in the UK will continue as long as there is still VAT on services. It is just a matter of looking at how they can retain their client base amidst the pressure of competition.

Profit Margins
The latest tax changes have further worsened the situation for accounting firms. The changes come into effect on April 2021 and will force accounting firms to implement changes with regards to the way that they operate. Some accounting firms are already facing serious cuts in their profit margins. The latest changes have made things worse for such firms, with the tax rate hike making it tough for them to cope with the burden of the increased tax.

Many accounting firms have already announced that they will be forced to shut down. The closure of such firms would result in job losses and further impact the overall economy. The only way out of the problem that is looming large is for accounting firms to seek help from the VAT consultants. These consultants have extensive knowledge of all the technicalities that come with implementing the new tax changes. This way, accounting firms can plan their business strategies in accordance with the new tax laws. In turn, they can increase the productivity of their employees and reduce the amount of cost that they incur on accountancy every year.

Let us begin by addressing the most basic question. What exactly is a Forex trading strategy? Traders use certain methods that help them in making a decision regarding the buying and selling of any currency pair. A trader is required to use certain trading techniques for the generation of profits. Trading strategies are of various kinds, and can often be looked at as manual or automated signals for trading.

Manual strategies are those where traders manually look for signals, for example through a computer. Automated strategies are those where there is no human input required and the work is done by an algorithm. The algorithm finishes the job of locating signals and executing them.

It is unsurprising that according to experts, a majority of forex traders end up losing their capital very quickly. If we go looking for reasons, a blatant one is the absence of trading strategies. While from hearing the words forex trading strategies, one may feel that it is a one fit for all thing- a wiser person would know that forex trading strategies are rather unique for everyone.

Undoubtedly, these seemingly complex words can hardly be called some no-brainer, but the common person also does not need to be so frightened of them. It’s important for any individual to first realize that long term wealth cannot be acquired without creating a strategy for their own. The profits without that strategy will only be short term.

To help you achieve your goal, here’s a list of the top forex trading strategies.

Candlestick strategy
One of the most profitable and used Forex trading strategies is the Candlestick trading strategy. One must keep in mind that this strategy is built on the spring principle of price movement. What you’ll essentially require is a chart plus a W1 timeframe. The size of the of the candle bodies has to be estimated. Different currency pairs like AUDCHF, AUDUSD, GBPCHF being some examples. Now by pick the longest distance from candle’s opening to the close. Long position means a bearish candle, whereas short indicates bull. This has to be done within a week of the candle.

Scalping
This strategy is considered a very advanced trading strategy among all the forex trading strategies. The span of these trades is extremely short, sometimes only being a couple of minutes. Scalpers rapidly try to beat the bid. For profit, they only skim some pips before they exit. Usage of low time-frame charts is common in this strategy. An example of this advanced forex trading strategy is the Forex-1 minute Trading Strategy.

Parabolic profit
This is another typically adopted forex trading strategy which fetches people profit. You will be required to set three moving averages and the Parabolic indicator. Use different colors to help make the analysis more convenient. In case you want to open a buy deal, ensure that the Parabolic is at the bottom. It should be on top, however, if the position is short.

Bollinger Bands Trading Scheme
This forex trading strategy utilizes Bollinger Bands, which are tools for technical analysis. They use standard deviation for establishing where the band lies. They’re useful for giving immense information on topics like periods of market consolidation and trend continuation, as well as potential price targets. There are three bands in total, and they revolve around SMA, or the simple moving average. the default value for this is 20. There are two default boundaries- lower band and upper band, and the price generally lies between these two.

Fibonacci trading
Another profitable forex trading strategy that traders tend to adopt involves the use of Fibonacci retracements. These are generally used for the identification and trading of the support and resistance levels. These are helpful in locating exactly where orders for market entry should be placed. Since every trader has their unique strategy, many prefer the Fibonacci style for how it suits them. There is usage of hard data only and close to zero emotional interference. A trader can use these strategies for both short and long term trades.

Is the strategy effective?
While you cannot stick to one forex trading strategy and call it the best or the top, there are some rather distinct differences that tell an effective strategy apart from the others.

The accuracy – an effective forex strategy will not be chockfull of lagging indicators. You will find accuracy through this strategy and can trust it.

Understanding – do you actually understand the strategy? It’s essential for a trader to not fall for the trap of seemingly impressive formulas and stick to something that actually makes sense to them. You must have a thorough understanding of your strategy.

Uniqueness – As we have established, it’s important that your circumstances align with the trading strategy. If it isn’t inherently working out for you and your character, it’s not going to fetch you the profit you want. Your trading strategy should be tailored according to your needs.

Types of Forex Trading Strategies
As previously established, there is no one strategy that works universally. What works for one trader may not suit the other. Thankfully, there are various strategies that traders can choose from, and below are some of the types of the forex trading strategies you can go through for tailoring your own strategy. Some of the common types of strategies are discussed below:

Trend trading – beginning with something incredibly easy to understand, this forex trading strategy is not only reliable but also simple to understand. Through this strategy, we try to get positive returns by taking the advantage of the market’s directional momentum.

Price Action Trading – we study historical prices here and formulate strategies that are technical and can be utilized both with an indicator and on its own.

Carry Trading – here, one currency is borrowed at a rate which is lower, and then we invest in another currency for a comparatively higher rate.

Range Trading – this strategy involves the detection of support and resistance points. Technical analysis is a chief feature of this strategy. Trades are placed around the key levels.

Day trading – this strategy is for short term. It is primarily designed for trading financial instruments within the same day so positions close before the market closing.

Why you must choose wisely
While many of the popular choices that are available have been outlined above, it’s crucial to keep in mind that you need to be wise while making this decision. If you’re not, you’ll end up in huge risks were not worth taking. Analysis of trading strategies is recommended, along with the analysis of the risk-reward ratio. It’s also necessary that you see how much time investment will be required in the strategy that interests you. Whether you’re more open to risk or averse to it also makes a huge difference.

Conclusion
Where most traders end up in losing out on long term success is that they limit themselves to an economic calendar only for fundamental analytics. Which is why creating a unique forex trading strategy is important for thriving in the Forex market. If you’re determined to go ahead in this market, it’s crucial that you brush up with the novelties and dedicate your time to studying ready-made schemes for trading. Emphasis has to be given on your individual action plan.

You should not solely rely on performance rating by third party websites and mutual fund returns for the last year to assess the best possible mutual fund for you. This is because performance keep changing every year. The top performers of today may not be on the list next year. When making a mutual fund comparison, there are specific performance indicators that you need to look out for. Let’s evaluate them here in detail.

Look at returns beyond 1 year: You need to evaluate the mutual fund performance over 1 year, 3 years, 5 years and 7-year performance. A reasonable yardstick is the mutual fund performance over the last 5 years.
Mutual fund performance comparison against benchmark: You can start by making a mutual fund performance comparison against the benchmark. When you compare, you need to evaluate the period of consistency during different market cycles against the benchmark. This will help you assess whether the mutual fund has outperformed or underperformed the benchmark.
Risk-reward tradeoff: You need to understand how effective is the mutual fund in offering risk-adjusted returns. As per risk-return tradeoff, if you take a higher degree of risk, it should be compensated by a greater level of returns. For instance, small-cap funds more significant downside risk, but it also has the potential for high returns. The risk is measured with the help of specific mutual fund performance indicators such as standard deviation and Sharpe ratio. Standard deviation is how much the mutual fund performance deviates from the benchmark. The greater the standard deviation, greater is the inherent volatility. Sharpe ratio is the return per unit of risk. In other words, it evaluates the risk-adjusted returns. Look for a fund with a higher Sharpe ratio to earn a better risk-adjusted return.
Compare Average Maturity and Duration: While evaluating debt funds, the average maturity and duration of the fund should match your investment duration. The Average maturity relates to the period after which the underlying securities will mature. A short-duration debt fund has lower interest rate sensitivity than longer-duration funds. You can use Macaulay Durations and Modified duration to evaluate the risk of investing in debt funds. Macaulay Duration indicates the time it takes for the price of the underlying bond in the debt fund to be repaid through its internal cash flows. Modified duration indicates how much the NAV of a debt fund would change if interest rates move by 1%.
Compare Fund’s cyclical performance: Evaluate how effective is the fund manager in outperforming the benchmark across different market cycles. A good mutual fund performance indicator is the Alpha. Alpha measures the return over the benchmark index. When making a mutual fund performance comparison, a fund that generates alpha indicates a well managed fund.

You can use the above mentioned mutual fund performance indicators to help you compare two mutual funds and make a decision. It would help if you considered your financial goal and risk profile carefully in this exercise.

Accounting Services
Business owners all over the world are realizing the advantages of hiring an accounting services company to handle their accounts. Not only is it cost effective, but the business owner is able to get quality and meet deadlines that he or she would be unable to meet if the accounting was done internally. When a business owner decides to outsource accounting services, there are several questions that he or she should ask his or her accountant. Questions such as: What type of tax returns will I be filing? How many clients do you have requesting the accounting services?

An accounting services company specializing in international finance auditing can play a crucial role in helping businesses accurately track their income and outgoings. Check out this insightful article on Price Bailey for reflections on finance auditing and how it can benefit your business.

Outsourced Accounting Department
Many entrepreneurs and small businesses are using an outsourced accounting department because it provides them with the ability to save money. Since the accounting department is not located in the home office of the company owner, it is much cheaper than employing several employees that would result in an increase in overall office space costs. When the accounting is done internally, more employees would need training on how to do the job correctly. This will also cost additional money, which is passed on to the client. By outsourcing the accounting, the client is able to focus on other areas such as marketing, research and development, and customer service.

Accounting Services Company In the UK
In order to find agood accounting services company in the UK, one must do some research. One can check out the internet for companies that offer outsourced accounting services. The internet has several companies listed that will provide a person with a variety of accounting services. This includes financial statements, budget analysis, and auditing. Some of the best accounting services in the UK that provide a variety of these services include HMS Global, Advantage, and track.

Business Performance History
The accountant will then help the client create a Business Performance History (BPH) that includes information about the Income produced by the business, Items sold/purchased and Gross Revenue received by the company. The client can expect their accountant to be a member of the Institute of Chartered Accountants in England & Wales (ICCAE). This membership is only valid for six months from the date of certification. The tax advisor should have a Master’s degree or higher when working with individuals. They should also have at least three years of experience in professional tax affairs.

Tax Office
Once the accounting is completed, it will be sent to the tax advisors for review. If the accountant finds errors, they will notify the tax office. The tax advisor will then make recommendations for getting the problem fixed or resubmitted. They will then make recommendations regarding the payment of interest and penalties for the period that the error occurred. The tax advisor may work with the payroll department to make sure that the tax period for the employee has been updated.

There are many different accounting services available in the UK. A good accounting company should be able to provide tax advice, payroll services, and accounting assistance. Accounting is a very important function in any company. It allows them to have an accurate record of their financial activities, which helps them to meet their obligations on time.

Professional Tax Services
There are many companies in the UK that offer professional tax services. They can be found all over the Internet. All that you need to do is find a company that you like and make sure that their prices are within your budget. They will provide you with answers to any questions that you may have as well as valuable tax advice. They will discuss all of your options with you until you find the right option for you.

Every business should look into accounting services. You will have valuable information at your fingertips and will not have to worry about anything if you get professional help. It is very easy to check on the status of your tax payments by simply using the accounting services online. You will also be able to get your tax return online, which can save you a lot of time. It is easy to use and anyone in business should use accounting services on a regular basis.

In mutual funds there are two subcategories, which are active funds and passive funds.

Active Funds

As the name suggests, these funds are actively managed. The fund manager picks stocks as per his choice, i.e. fund manager has more involvement in the decision making. Actively managed funds generally are considered to be more aggressive and charge high expense ratio, because a lot of effort goes into the research and analysis. The Fund manager, along with analysts and researchers, actively engage in research, buying and selling stocks to achieve best possible returns. Hence, a Fund which is actively managed by a fund manager and his team is known as an active fund.

Passive Funds

A passive fund or an Index fund / an Exchange Traded Fund is a type of fund that the fund manager and his team does not actively manage stocks. They need to replicate the index or benchmark. A deviation between actual performance i.e. a position (usually an entire portfolio) and its corresponding benchmark is called as an index funds tracking error. The tracking error may be tied to the expenses related to managing the index fund such as fund’s inflows and outflows. However, they have lower expense ratio as compared to their actively managed counterparts. Also, index funds are a good way for a new investor because you do not need to research.

Difference between Passive Funds & Active Funds

Passive funds are more popular as compared to Active Funds because they have low expense ratio. Involvement of Fund Manager in an Index Fund is lesser.

These funds do not try to beat the benchmarks. Index Funds returns may be equal to the benchmark’s returns or lesser.

In active funds, the fund managers are involved in lot of industry research, based on which they take positions in the markets. Hence compare to passive fund w.r.t. active fund investors will have to pay higher charges (namely expense ratios) for the fund manager’s expertise and decision making.

Actively managed funds seek higher Alpha, which means they take a little more risk to generate those higher returns than the benchmark. Their main objective is to beat the benchmark thus making them riskier. Imagine if fund manager takes a wrong call, it can result into huge losses.

Whether you invest in active or passive fund, the returns will vary as per the market cycles. You can take opportunity of the combined benefits of these funds to give your portfolio the balance of risk and reward.

Thousands of families and millions of individuals already have been helped by rural housing loans. It’s a very helpful program, albeit still somewhat unknown to the masses. But for the people that discover it, it can be the absolute game-changer for them.

One of the best rural housing loans near me to find is the USDA home loan program. It is backed up by the United States Department of Agriculture (USDA). It’s a loan program that requires no down payment at all, making it ideal for low-to-moderate-income families and individuals. The USDA has different types too, all contributing to the goal of helping the lesser earning families get their own home, especially in states like Texas.
Types of USDA Home Loans

Some USDA Home Loans Texas have low interest rates and have affordable payments. USDA home loans come in three types. These are:

Loan Guarantees – When you look at lenders for USDA rural housing loan near me, they are all guaranteed by the USDA. With this guarantee, loans have lower interest rates and no down payment at all.
Direct Loans – Low income families are allowed to apply for the program. With USDA loans, interest rates can go as low as 1%.
Home Improvement Loans and Grants – For homeowners looking for financial support to fund house repairs and upgrades, USDA loans has them covered too.
Getting to know USDA Rural Housing Loans

The local USDA Rural Housing Loan near me program was started as a program by President Franklin D. Roosevelt way back in 1935. The program in managed today by the USDA. This program aims to help the lower-earning population of the country to acquire homes without having to worry about down payment. The only catch to this sweet deal of a home loan, is that the houses available of purchase with the loan in only located in USDA-approved rural areas.

Who is eligible for a USDA loan?

Qualification for a USDA loan is easier today, compared to other loan types. The major points of USDA requirements eligibility are the following:

US citizen
Good credit score and history
Stable income
Willingness to repay debt
Income that does not exceed 115% AMI limit of the state
Are USDA home loans easy to find in Texas in 2021?

Texas has a diverse collection of breathtaking landscapes, so planning to move to the state is a worthy decision. Finding USDA Home Loans Texas in this day and age is really easy. A quick search online can give you hundreds of lenders offering their hands to help you. Just use your intuition and gut to help you land with a trustworthy lender, and your application would definitely be easier.

When it comes to Equity Mutual Funds, they primarily follow two types of investment approaches, namely, Growth and Value Funds in India. The Growth Funds tend to be a little more aggressive and risky compared to Value Funds. However, both have the potential to offer better returns in long run. Both styles of investing do well in different market cycles. Growth generally tends to do well in a bull market, where valuations are high and indices are rapidly moving up. When the market is not moving at a rapid pace and there is broad-based growth and other positive economic factors, a value fund generally tends to do better.

What is the meaning of Value Funds?

In Value funds, fund manager tends to invest money in stocks of companies which have good balance sheets; the financials are well consolidated. The cost price of the stock is not at a higher PE (Price to Equity) level. These companies are usually the ones that fall under the large-cap category. They have the potential to protect your investment against the downside risks of the market, thus offering a margin of safety.

Growth Style of Investing:

In the growth style of investing, fund manager chooses to invest in stocks that are doing better and display a promise or an indication to do even better in the near future. In the growth style of investing, fund manager generally tends to ignore the price or the PE value of the stock. These choices are mainly made based on the prevalent trends and market movements.

Markets are cyclical in nature. Whenever there is an ecosphere for value to do better, Value funds performs better. Factors such as GDP growth, earnings potential, etc., act as tailwinds and drive value style to optimal performance.

Investors should not worry about which style of investment to choose from. If one closely observes the market, one will be able to identify the trend and allocate to the prevailing style of investment.

then getting to know the different ways an application can be denied is a good idea. It helps you prepare for the possible hindrances you’ll encounter with your application. Knowing them in advance gives you ample time to improve upon your credit score and other requirements.

What causes USDA applications to be denied?

To help you with your research and preparation on loan application rejection, we’ve compiled a list for you. Here are the possible reasons why applications get denied.
Income and debt issues – If you have debt issues such as an undisclosed debt, you could have a hard time getting approval for your application. Unverifiable income and a household income that exceeds the state AMI can also be reasons for application denial.
Credit score change – While the USDA does not have a minimum credit score put in place, loan lenders have. Lenders usually put a minimum credit score of 640. If you have any financial activity that negatively affects your credit to the point where it hits a lower score than the required minimum, that could cause a problem.
Change in employment – A stable job or a dependable source of income is a major requirement for getting an application approved. If you lost your job, or have been laid off during the application process, lenders can count this as a reason for denial. In accordance to USDA’s requirement that the applicant’s household income must not exceed the state 115% of the state AMI, if you changed your job and got a better paycheck that allows you to exceed that limits, your application could also be denied.
A change in debt-to-income-ratio – Adding new debt to your account while also having to pay for a home lone is not a good idea. Adding new lines of debt can mean that you would have a hard time repaying the loan you took from the lenders – another cause of application denial.
Property issues – You can only purchase homes within rural areas, as defined by the requirements of USDA loans. The home purchased through USDA Home Loans California application should also be used as the applicant’s primary residence. Not adhering to those two can subject an application to be denied.
What do I do if my USDA Loan was denied?

If you had your USDA Home Loans Louisiana denied, get in touch with your lender about it. Ask them for the details as to why it was denied. There are some cases when application that were denied with automatic underwriting were still saved with manual underwriting. So, don’t lost hope. Your USDA Home Loans California application can still get approved. However, if it was denied in manual, talking to your loan officer about it is the best course of action that you can do.

Limousine transportation services in Dulles, Washington DC, offer a unique blend of luxury, comfort, and convenience for those looking to navigate the bustling capital region with style and ease. Whether for airport transfers, corporate events, sightseeing tours, or special occasions, these services provide an unparalleled travel experience that stands out in the realm of ground transportation.

Dulles International Airport, serving as a major gateway to the nation’s capital, is situated in the heart of the Washington Metropolitan Area. It is here that the demand for limousine services showcases a significant presence, catering to both international visitors and local residents alike. The allure of limousine transportation lies not only in its luxurious vehicles but also in the professional and personalized service it delivers. Clients can expect to be treated to a seamless, stress-free journey from the moment they book their ride to their final destination.

The fleet of vehicles available through Dulles limousine services is diverse, ranging from sleek sedans for the business traveler to stretch limousines and SUVs capable of accommodating larger groups. Each vehicle is meticulously maintained, ensuring a safe, clean, and comfortable environment for passengers. Inside, riders are greeted with plush seating, climate control, and often, complimentary amenities such as bottled water, Wi-Fi, and charging ports for electronic devices. This attention to detail and commitment to passenger comfort sets limousine services apart from other modes of transportation.

What distinguishes limousine services in Dulles, Washington DC, is not just the quality of the vehicles but the caliber of the chauffeurs. Professional, knowledgeable, and courteous, these drivers are the backbone of the limousine experience. They possess an intimate understanding of the region’s geography, traffic patterns, and best routes, ensuring timely arrivals to destinations. Moreover, their dedication to discretion and privacy affords passengers a sense of exclusivity and security, a crucial aspect for those traveling for business or sensitive matters.

The versatility of limousine services in Dulles makes them a favored choice for a myriad of occasions. For corporate clients, a limousine ride represents an extension of their professional image, providing a sophisticated mode of transport for executives, visiting dignitaries, or potential investors. Tourists and sightseers benefit from customized tours that offer a luxurious perspective on Washington DC’s landmarks and historical sites, all while enjoying the comfort and convenience of a private vehicle. Special events such as weddings, proms, and anniversaries are made even more memorable with the addition of a limousine, symbolizing the pinnacle of elegance and celebration.

Booking and customization are streamlined with customer needs in mind. Many Dulles limousine services offer online reservations, allowing clients to tailor their travel arrangements to their specific requirements, including vehicle selection, pickup and drop-off times, and any additional services or accommodations needed. The focus on customer service extends beyond the booking process, with representatives readily available to assist with last-minute changes or special requests, ensuring that every aspect of the service is aligned with client expectations.

In conclusion, limousine transportation services in Dulles, Washington DC, represent the epitome of luxury ground transportation. With their superior vehicles, exceptional chauffeurs, and unwavering commitment to customer satisfaction, they offer a travel experience that is not only about reaching a destination but doing so with a level of sophistication and comfort that is unmatched. Whether for business, leisure, or special occasions, choosing a limousine service in Dulles is a decision that promises to elevate any trip to the realms of luxury and exclusivity.

Determining the “best” manufacturing and assembly services can depend on various factors such as the specific requirements of your project, your budget, location preferences, quality standards, and other considerations. However, here are some reputable manufacturing and assembly service providers that are known for their quality and reliability:

1. Foxconn: Foxconn is a global electronics manufacturing giant known for producing products for companies like Apple, Microsoft, and Sony.

2. Flex Ltd. (formerly Flextronics): Flex is a multinational electronics manufacturing services company that offers a wide range of services including design, manufacturing, and assembly.

3. Jabil: Jabil is another major player in the electronics manufacturing industry, providing services such as design engineering, manufacturing, and supply chain management.

4. Benchmark Electronics: Benchmark Electronics offers manufacturing and assembly services for various industries including aerospace, defense, medical, and telecommunications.

5. Sanmina: Sanmina provides integrated manufacturing solutions including design, engineering, and assembly services for various industries including medical, automotive, and telecommunications.

6. Celestica: Celestica offers manufacturing services for a wide range of industries including aerospace and defense, healthcare, and industrial.

7. Plexus Corp.: Plexus provides electronics manufacturing services including product design, manufacturing, and aftermarket services.

8. Venture Corporation Limited: Venture Corporation is a global electronics manufacturing services provider offering design, manufacturing, and assembly services for various industries.

9. Wistron: Wistron is a major manufacturer of electronics products and provides services such as design, manufacturing, and assembly.

10. Pegatron Corporation: Pegatron offers manufacturing and assembly services for electronics products, including consumer electronics and computing devices.

When selecting a manufacturing and assembly service provider, it’s essential to thoroughly research each option, consider your specific needs, and possibly even visit their facilities to assess their capabilities firsthand. Additionally, consider factors such as cost, location, quality control measures, and communication channels to ensure a successful partnership.