Being a business owner comes with a variety of challenges. The list of jobs to do is never ending even if you do outsource some of them. There are still many things which you just know you have to do yourself. Sometimes being a business owner c…
Bookkeeping is defined as "the recording of all financial transactions". Sounds simple but if that was the case why is bookkeeping a career with qualifications ranging from Level 2 to Level 4? The financial…
Last week HMRC finally announced their revised plans for Making Tax Digital (MTD) after it was put on hold whilst the election process took place. Originally MTD was to be implemented for businesses over the VAT registration threshold f…
It is surprising how many emails I receive asking how much we charge for bookkeeping. Of course that is the uppermost thought when deciding to get some outside help with something. How much is it going to cost me? But how can I give y…
The VAT threshold for 2017-18 is £85,000 which means that if your business has taxable sales equal to or above this amount over a 12 month period you must register for VAT. For example if these sales from April to March total £80,…
