Archive for the ‘Bookkeeping’ Category

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.

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 »

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 »

What is VAT All About?

Value Added Tax is a tax levied by governments on the sale of goods or services. The rate varies by type of good or service provided but the standard rate is 20%. This tax must be added to the price of a product or service before it is sold. VAT is administered by HM Revenue[...] Read more »

Outsourcing The Accounting Process

Without access to accurate and timely financial information it is very difficult to run a business profitably. This is why it makes sense for small businesses to hand over control of their financial processes to accountants, who undoubtedly have superior software and technology plus greater expertise in the field. The most obvious benefit of accountancy[...] Read more »

Sage One online bookkeeping and accounts

Today Sage have launched their own online bookkeeping system called Sage One. Must say I am surprised.  I assumed that it would have been very expensive but they have blown open the market with a pricing structure that I am sure will appeal to many: – £10.00 + VAT per month – Full ledger based[...] Read more »

WinWeb Online Office overview – online bookkeeping and accounts

We are Gold partners with Winweb. They supply online accounting and bookkeeping software. Please watch the video below to find out a little more information. [youtube]http://www.youtube.com/watch?v=12af-DEMpD8[/youtube]

Balance sheets: the basics

A balance sheet is a financial statement that provides a snapshot of your business at a given point in time. It is a summary of what your business owns or is owed – assets – and what it owes – liabilities – at a particular date. There are three ways you can use a balance[...] Read more »