by admin | Oct 29, 2017 | Uncategorised
Outsourcing your credit control Credit control is a vital part of running any business. A business owner has so many things to deal with when running a company that it is easy to take your eye off your finances especially unpaid invoices. How often do you check...
by admin | Oct 11, 2017 | Uncategorised
You must keep records of all your business’s income and expenses for your self assessment if you are a sole trader. What records to keep * Monthly Income – sales invoices * Monthly expenditure – all business expenses * VAT records if registered...
by admin | Oct 11, 2017 | Uncategorised
The answer to this is no however, there are many reasons why the vast majority of limited company owners do use accountants, instead of doing the books themselves. The right accountant will save you time and money year after year. If you are just starting up the...
by admin | Mar 13, 2017 | Uncategorised
Sole traders must register with HMRC and follow certain rules on running and naming their business. If you’re a sole trader, you run your own business as an individual and are self employed. You can take on staff – being a sole trader means you’re responsible...
by admin | Dec 19, 2016 | Uncategorised
HMRC allow a business to spend £150 tax-free on each employee at the Christmas party. HMRC Rules for eligibility: Any money the company spends by inviting partners or spouses of employees is eligible for tax. This is providing the total expenditure for the party,...
