The Basics of Bookkeeping and Accounting

The Basics of Bookkeeping and Accounting

May 22, 2015 | No Comments

The new tax year is well underway so now is a good time to check your approach to your record keeping and make sure you are making the right decisions for you and your business. It is not always easy to know what those decisions are and sometimes your self-belief will dip a little. Don’t let the natural peaks and trough of business pull you dramatically in either direction – learn to keep a even path and keep tethering yourself back to it. For that to be possible you need a sound financial core at the heart of your business.
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Business Records Check: Something for all businesses to keep in mind

Business Records Check: Something for all businesses to keep in mind

June 5, 2013 | No Comments

HMRC over the next year are sending letters to randomly selected businesses (mostly cash businesses such as taxi firms, hair dressers etc.) asking for a Business Records Check. This is a check on your business records which means they will look into how you manage them and what information you have immediately to hand. This is to make sure that you are able to complete your tax returns correctly and pay the right amount of tax at the right time to avoid interest and penalties. It will also flag up any businesses that are submitting inaccurate tax returns and keeping
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