A question we get asked a lot is ‘Do I need a bookkeeper if I have an accountant’ the honest answer to this question in a lot of cases is a resounding ‘NO’. You do not need a bookkeeper if your accountant does your bookkeeping for you every month and goes through your figures with…
When managing your own business, there are a series of legal forms that require submission to HMRC. One of these will be your CT600, otherwise known as a company tax return. What is a CT600 form? Simply put, a CT600, otherwise referred to as a Company Tax Return, is the filing required to pay tax…
This week, AM’s Marcus Bellis caught up with Paul Cain, owner of Croydon-based practice Cain & Co. Paul has been using AccountancyManager for two years. In fact, the same year he joined AM, he closed his offices and moved everyone home. A decision he’s certainly been grateful for this year. Paul streamlines himself out of a…
When running your own business, you may feel as though there are multiple legal duties on your plate and often, you may be searching for clarity on the different forms and factors. Today, we are here to provide you with the assistance you may be requiring on the matter of full and abbreviated accounts. Within…
When starting up with your business, things can seem complex and daunting. With so much high importance information to think about, allow us to assist you with our clear and explained list of the filings that your limited company must be aware of. Business taxes Companies House will communicate with HMRC to inform them that…
When running a business, there are countless busy days where you would be grateful for a handful of small shortcuts. Well, your wishes have come true. This collection of Excel hacks have been created for people like you, with the effect of shaving time off of your daily activities, allowing you to put those minutes…
With so many of our small business customers, colleagues, friends and family being affected by the current health situation, we are trying to give advice where we can, when we can. We have recently seen this advice given by Google and thought we would share with you… If your business has a Google My Business…
The outbreak of Coronavirus (COVID-19) has bought on a challenging time for us all, nationwide. On Thursday 19th March 2020, Boris Johnson announced the government’s plans to support businesses over the country throughout this time. Today, we push aside the rumours and reveal the factual truths which stand at the time of writing this, about…
IR35 is the tax legislation designed to stop individuals, whose working arrangement reflects employment, from paying less in tax when providing their services to clients through their own limited company. Due to its complexities, and the fact that many factors need to be considered when deciding whether a contractor should be classed as a self-employed individual or an employee for…
There comes a time in every business’s life span when things reach a bottleneck. It could be down to one of any number of reasons, but at those times it’s often difficult to figure out how to extricate yourself from it and keep the business marching on. It is at times such as those that…
You have probably caught wind of it already, but just in case you haven’t new legislation comes into force in May regarding data compliance. The General Data Protection Regulation, better known as GDPR, comes from the European Union and is designed to give people control over how organisations use their data. What exactly is it?…
While many of us may not see it, working too hard is affecting our free time more these days. This means less time with family and friends, as well as losing out on sleep and relaxation. The world of business is more competitive than ever, so our automatic reaction is to work as hard as…
