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.