Featured article
Contractors exiting limited company MUST READ
Many a contractor will be aware of the (high) possibility of HMRC forcing workers onto payroll moving them over to the unregulated Umbrella Company marketplace and the horror stories emerging ...
Read More
Read More
Accounts and Tax Info – start ups, sole trader and limited company
How to file dormant accounts
This useful Companies House video talks through the process for filing dormant accounts for companies who have not traded and have no transactions in the year. Beware of the conditions which need to be fulfilled ...
Read More
Read More
Self Employed Self Assessment – keep it simple ten tips
Set up a separate bank account for business only income, costs and expenses. This will avoid things being missed if paid for through your personal account. It’s a much neater way of doing your accounts ...
Accounting for Dividends
Accounting is a matter of fact; transactions need to be accurately recorded as they happen. They certainly cannot be re-invented at a later date to suit what you meant to happen. Your accounting records should ...
Business Structures
There are several types of business set up but let's concentrate on the main two types: Limited Company Sole Trader (partnership if more than one person) Deciding between these two types of business structure is ...
For Accountants
10 Essential Qualities of an Accountant in Practice
Knowing your goals Having clearly defined goals, objectives and ambitions is vital – knowing where you want to take your Accountancy Practice allows you to find the right path to get there. If you don’t ...
Read More
Read More
One year as a franchisee accountant
Here’s what Yola has to say about CheapAccounting.co.uk Yola Renard joined CheapAccounting.co.uk in March 2017 taking her first referral on 3rd April 2017. I caught up with her one year on in April 2018 to ...
Read More
Read More
My take on GDPR for Sole Practitioner Accountants
Twitter is full of it. LinkedIn is full of it. Newsletters and marketing emails are full of it. It seems that you can’t move at the moment for someone trying to flog you a GDPR ...
Read More
Read More
How to file dormant accounts
This useful Companies House video talks through the process for filing dormant accounts for companies who have not traded and have no transactions in the year. Beware of the conditions which need to be fulfilled ...
Read More
Read More