Archive for the ‘Business’ 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.

Budget 2012

The date has been set for the 2012 Budget.  Get your diaries ready…. Wednesday 21st March. As always we will of course produce a simple budget report as quickly as possible after the event.

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 »

Reasons to draw on the services of Yorkshire Accountancy

Keeping on top of all of your company’s financial paperwork can prove a tricky endeavour – especially when, ideally, you would like to spend as much time as possible on other matters to ensure that your business can thrive the best that it can. This is why hiring an online accountant can prove a very[...] Read more »

Simplifying the complexities of tax returns and self-assessment

Whether you’re a self-employed individual, a sole trader, a partnership or a limited company, you will need to inform HMRC of your income from these ventures. Penalties and charges are numerous for failing to stick to the guidelines set out by HMRC, so it’s advisable to attend to these requirements at all times. When you[...] 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 »

Steps to a more efficient payroll

Anyone who has set up in business for themselves and acquired their first employee will know all about the complications inherent in dealing with the payroll. When you first start up in business, it’s likely that you’ll be throwing yourself into anything and everything, from the payroll to the actual work for which your clients[...] 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 »