This author has yet to write their bio.Meanwhile lets just say that we are proud Lizzie Robinson contributed a whooping 272 entries.
For the vast majority of goods and services we buy for ourselves or for our businesses, one-sixth of the value of each of our purchases will be for Value Added Tax. In this article, An Accounting Gem describes what VAT is and when you need to register for it the different VAT schemes you can […]
In an age where the internet dominates our entire society, is it any wonder that customers are turning to convenient and ‘in your pocket’ solutions for their banking. Money management is an essential part of being a grown up. Anything that makes it easier and quicker to process payments and keep a track on spending […]
Philanthropy in business is always a good thing with many small and medium enterprises viewing charity donations and sponsorship as a way of giving back to the people and the areas in which they are based. There are always benefits for the small business owner. For example, helping out charities and sports clubs helps to […]
If you have recently started working as a self employed person, one of the most intimidating things you have to deal with is paying your own tax. Whilst as an employed person this is all dealt with by your employer, and comes straight out of your pay without you having to do anything, as […]
An apprenticeship is where you as a business owner will take on one or more trainees to work under you in paid training, combining studying at an educational institution with learning on the job to train them up to a more skilled level. If you are taking on an apprentice, the assumed goal is that […]
What is the CIS? The Construction Industry Scheme (CIS) was brought in by HMRC in 1971 to help minimise evasion in the construction industry, as well as to protect construction workers from being employed illegally and taken advantage of. The scheme works by contractors taking money from their subcontractor’s wages in order to cover their […]
As accountants we regularly field questions from our clients on a vast range of topics. We are always gratified that they place their trust in us to advise them in a sensible and straight forward way about the myriad of topics faced by business today. A common question is “how do we get more business?”. […]
If you are thinking of closing your limited company, there are a number of steps that need to be taken to ensure that you have followed the correct procedures as set down by the law and your Articles of Association. Please note that it is recommended that you seek professional advice as soon as possible […]
Anyone can start a business with a vague idea of what they want to do and a few marketable skills. However, to truly make it in business, you need to know what you’re doing. How you are going to not only create, but also develop your business and make it a success. This is where […]
As the years go by, government across the world are going digital in order to deliver services more efficiently. This goes for all areas of our lives, even how we pay our taxes. This year, HMRC are implementing Making Tax Digital, an initiative that intends to make all tax processes fully automated in the next […]
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