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ACCOUNTANCY FOR SMALL BUSINESS

 

Accountancy

 

Keeping track of income and expenditure is vital to the financial health of any business, as is complying with the demands of the taxman!

 

These pages are designed to give you an overview of the main considerations for small businesses in the UK. Although, we have made every effort to ensure that the information is accurate and up to date, it is advisable to take professional advice before making any important decisions. (For local companies/organisations who are prepared to help, please select your area from our regional pages.)

 

Key Accounting Questions

 

Accounts - Why Use An Accountant?
When you’re starting up a new business an accountant may seem like an added expense that you could do without. What do you need one for?

 

Tax - Don't Forget The Taxman!
This article highlights the various main dates which must be adhered for individuals (sole traders, partnerships and directors of companies) and for limited companies/businesses:

 

VAT - How to calculate VAT
Calculating VAT taxes owed to you or HMRC can be a daunting task.

 

VAT - Should You Be Charging VAT?
Deciding how you will calculate and submit your VAT to the HMRC will help guide the scheme you use when charging VAT to your customers.

 

ACCOUNTING TIPS

 

For every credit, there is a debit.

For every credit, there is a debit
Partners In Payroll Ltd.
(05-03-10)

 

Be a Go-Giver

Be a Go-Giver before being a Go-Getter. You will develop better and more long standing relationships
The Hughes Partnership.
(04-03-10)

 

Listen.

Listen carefully to all & any advice.
CTB Book Keeping.
(23-02-10)

 

 

 

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