Accountants, Registered Address

Why Use Your Accountant’s Office As Your Registered Address

Whenever we receive a letter from a business or whenever we visit their website, the company’s registered address will be there for us to see. You don’t have to choose your home address or your office address as your registered address – in fact, there are good arguments on why you should select your accountant’s address as your company’s registered address.
VAT, Value Added Tax

VAT Cash Accounting Versus Standard VAT Accounting

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…
Challenger Banks

Small Businesses Owners Join the Challenger Banks Revolution

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…

Helping Charities and Sports Clubs – Are there Tax Implications?

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…
tax_planning_for_the_self_employed_image

Tax planning for the self employed

  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…
benefits_of_taking_on_an_apprentice

Benefits of taking on an apprentice

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…

CIS scheme explained

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…
Benefits of Using an Umbrella Company

Benefits of Using an Umbrella Company

Working as a contractor or a freelancer has its benefits. For one, you have the ability to work around your own schedule without having management to answer to. Your focus is your clients and they are the only ones who you need to please. The…
Benefits of advertising on social media

Benefits of advertising on social media

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…

What is a members voluntary liquidation?

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…