Nobody wants to pay bank charges if they do not have to but using your personal bank account for your business just muddies the waters. Receiving money into a separate bank account and paying expenses out of the monies you have received means that you can much more easily keep track of incomings and outgoings. …

December is the second most popular month for businesses to end their financial year, March being the most popular as it is in line with the tax year. That means that in January alongside completing December monthly accounts and October to December VAT returns, we are also finalising year end accounts for those businesses with a December year end. …

A New Year feels like a good time to reflect on your business and make a fresh start with aspects that are not working as well as they could be. Outsourcing work that you know can be done better by someone else is a good start. …

Bookkeeping and payroll are our skills. So what do we do and how do we help …

One of the things we support our clients with is contacting HMRC when there is an error which needs correcting. HMRC helplines, whether for VAT or PAYE, are not at all helpful when you are a busy person. …