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Mercer & Hole

Accounting, United Kingdom, London

Leading accounting firm offering expert tax planning, business advisory, and wealth management services. Trusted by clients for over 100 years.

About Mercer & Hole

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Basics

Type
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Founded
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Total Employees
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Employees on Linkedin
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Employees on OWCareers
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Main Office
United Kingdom
Official Website
http://www.mercerhole.co.uk
Location Address Official Phone Email
United Kingdom United Kingdom, London **** ****
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Other Accounting companies in United Kingdom, London

FAQs – Mercer & Hole

What is net income?

Net income is the total revenue minus total expenses, taxes, and other deductions.


Can an accountant handle international tax laws for my business?

Yes, but ensure they specialize in cross-border taxation and international compliance.


How do businesses account for bad debts?

Use the Allowance Method (estimate losses) or Direct Write-Off Method (expense when uncollectible).


What is an audit, and should I be concerned?

An audit reviews financial records for accuracy; proper record-keeping helps prevent issues.


How do outsourced accountants manage sales tax compliance?

They track sales tax liabilities, ensure correct filings, and manage state-specific regulations.


What is an HSA, and how does it affect my taxes?

Contributions to a Health Savings Account (HSA) are tax-deductible and grow tax-free if used for medical expenses.


What is the difference between bookkeeping and accounting software?

Bookkeeping software records transactions, while accounting software includes reporting and compliance tools.


What is a trial balance?

A report that ensures debits and credits are balanced in accounting records.


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