Archive for the ‘Accounting’ Category

Annual Accounts Preparation with no room for error

If you and your business require professional and detailed accounts assistance, why not opt for our Annual Accounts Preparation service? When you choose to let us help you with your accounts you benefit from expert knowledge and our ability to identify ways that we can help minimise your tax liability. Sometimes the owners of small[...] Read more »

Help submitting ixbrl limited company accounts

I got a phone call and email last week from a user of our Excel Bookkeeping Spreadsheet.  He had a very small limited company and could not warrant spending any money on getting his accounts done by an accountant.  Firstly this goes against all advice as preparing your own accounts can lead to all sorts[...] Read more »

Use of home as office…

HM Revenue & Customs has announced that it will increase the tax-free amount that employers can pay to its employees for working from home – for “reimbursing sundry household expenses” from £3 per week to £4 per week from 6th April 2012. How generous.  Speak to use for more details.

Are you aware of the importance of a great business plan?

Ask any major business leader or advisor about the importance of a business plan, and they’ll probably express amazement at how so many businesses do little or no planning. Indeed, there seems to be a persistent mistaken perception that a business plan just isn’t a core tool for running a sound business. This is despite[...] Read more »

HMRC’s ‘Business Records Checks’

Make sure you are operating within the law With HMRC embarking upon crackdowns on poor record keeping, it is essential to maintain your accounts to the optimum level to avoid fines and similar discipline from the authorities. When you set up a business, your primary aim is to focus on the principle aims of that[...] Read more »

Directors’ Benefits: All about mobile phone freebies and taxes

Are you worried about that freebies are tax free or not? Well, this is a question in minds of many people. The funniest part is that while using companies’ phone or enjoying the incentives people are thinking about only one thing and that is about paying taxes. Let’s start with the basic, it is very[...] Read more »

The basics of small business accountancy

Here at Yorkshire Accountancy, we specialise in providing an extensive range of high-level accountancy, tax and payroll services, from year end accounts and personal tax to business plans and VAT returns, in which you can have the ultimate confidence. Such services make it possible for you to concentrate on what you do best: generating revenue[...] Read more »

Benefits of E-invoicing for small businesses

While the information age has changed the face of business one area that is still not fully utilised is that aspect of bookkeeping: E-Invoicing or as it is known elsewhere – Electronic Bill Presentment and Payment (EBPP). Why this is the case is not certain but there are several very tangible benefits to EBPP and[...] Read more »

Accounting Software solutions for small businesses

There are lots of accountant software solutions for small businesses to help with everything from bookkeeping to cashflow management. They can provide a range of easy to use and easy to set up accountant software and bookkeeping systems that are capable of providing the basics from invoices to cashflow book alternatives for small businesses that[...] Read more »

Working Online With a Virtual Accountant

Despite the fact that most businesses recognise that a bookkeeping function, is essential for cashflow and good business management, it isn’t always possible to keep one on site. Many companies already outsource their bookkeeping or have an accountant that they prefer to work with. But with the arrival of the digital age it is now[...] Read more »