by katy | Jul 24, 2023 | Bookkeeping, HMRC, Uncategorised, VAT
Understanding VAT (Value Added Tax) and when to register for VAT is crucial for businesses as it has a significant impact on the business finances. The VAT threshold, is currently £85,000 per annum – If your annual turnover approaches this figure, you should...
by scott | May 9, 2023 | Accounts, Bookkeeping, HMRC, News, Tax
Incurring expenses it’s unavoidable when running a business. There are ways to reduce the impact of these expenses by offsetting allowable costs against your tax bill. Here are some common expenses that are tax deductible: Expenses for staff parties...
by scott | Jun 28, 2019 | Bookkeeping
Although probably not something you like dividing your attention to, staying on top of your bookkeeping is a must. Here are some of our tips on how to make it a little less time consuming: 1. Keep your personal and business finance separate. It may seem like a basic,...
by scott | Mar 9, 2019 | Accounts, Bookkeeping, News, Tax
When I recently discovered my teenage son no longer carries books to school, because “it’s all in the cloud now dad”, made me reflect on how things have changed in the accountancy world. In my (nearly) 30 years in the profession, what accountants do and what people...
by scott | Jan 23, 2019 | Accounts, Bookkeeping, Invoices & Payments, Quickbooks
We have touched before on the pros of switching to digital accounting software, but we wanted to focus a little more closely on QuickBooks. If you are not already using it, the chances are you have heard of it from fellow business owners or through their advertising...
by scott | Sep 3, 2018 | Accounts, Bookkeeping
Whether you trade as a sole trader, a partnership or a company, we will prepare your accounts ensuring compliance with all your statutory obligations. But beyond compliance, your accounts are important for letting you know how your business is performing. No matter...
