VAT Deferral
Employer Bulletin December 2020 Issue 87 As you will be aware part of the Winter Economy Plan the Government announced that businesses who deferred VAT due from 20 March to 30 June 2020 will now have the option to pay in smaller payments over a longer period. Instead of paying the full amount by the…
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Brexit
Welcome to our Brexit newsletter. There will be new rules for trade, travel and living in the UK and EU from 11.00pm on the 31 December 2020. Our aim is to provide you with information and resources to help you manage the change as smoothly as possible. The UK Prime Minister, Boris Johnson, UK Chief…
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Covid-19 Grants
People and businesses across the UK are being provided with additional financial support as part of the government’s plan for the next phase of its response to the coronavirus outbreak, the Prime Minister announced today (31 October). Throughout the crisis the government’s priority has been to protect lives and livelihoods. Today the Prime Minister said…
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Cashflow Forecast
Predicting your future… with financial forecasting With the pandemic still very much on the mind of business owner there has never being an more important time to look at cash-flow forecasting to ensure that your business has the cash to pay suppliers, wages. An all too common story Have you ever experienced that moment when…
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Cloud Accounting
Cloud Accounting and Bookkeeping Overview There is now the opportunity to have you cloud accounting software which means you no longer need to have this installed on your desktop you can access this via an internet connection from anywhere. This will avoid the upgrades like with Sage as you will always have the latest version…
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Management Accounts
What the successful businesses do All successful businesses know you need to have your finger on the pulse for making the right decisions. That means having access to the most up-to-date numbers for your business. And not just having access to those numbers, but also fully understanding them and how to use them to guide…
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Bookkeeping Software
Every business has the responsibility of keeping accurate accounting records to judge the performance and profitability of their business. There may be external organisations that also need look at these and one of them is HM Revenue & Customs should they decide to look into your or the company tax returns. Having accurate and good…
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Ways to get Your Accountancy Fee’s Down
Why Should I Get My Tax Return Prepared Early One of the questions that I often get asked is why I should get my tax return done early I will get it done in December or January and make them wait. HM Revenue & Customs issues a notice to complete a tax return for individuals…
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Information Required on Your Letterhead
If you have two addresses that you use for business one where the business activities take place e.g. workshop, office then this should to be at the top so it is clear should they need to visit or write to you. Trading Address Registered Office Address The registered office address is for limited companies only…
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Do you keep the required documents
Having the Right Documents to Back Up the Accounts As a director of a company you have an obligation to submit your accounts to HM Revenue & Customs whether this is done by the company or your accountant. They will then do internal checks to make sure that your company is paying the right amount…
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