MTD has happened in our office!
Finally the month for submission of VAT returns via MTD arrived and we survived. Months and months of talking about it, reading about it and watching webinars. Then we just had to get on with it. …
Blog Archive for July 2019
Do you need to charge VAT on EU Sales?
Whilst we are still part of the EU VAT registered businesses which supply goods to a customer in a EU country must charge VAT at the standard UK rate. However if that customer is VAT registered, as long as they provide you with their VAT number you can …
Do you need to complete a Tax Return?
If you are a sole trader or consider yourself to be self-employed you will need to declare your income and expenses to HMRC at the end of each tax year through a self-assessment tax return. Even if you earn income in addition to being employed and receiving pay through a payroll from your employer you need to declare your additional income to HMRC. The only exception to this …
Employing a young person
With the school summer holidays just around the corner you may be wondering if you can employ a young person to help you out in your business. The benefits for both you, as an employer, and the potential employee can be valuable. …
Ryan's Bookkeeping Journey Begins
The newest recruit to our bookkeeping team joined us at the beginning of May. Ryan is a trainee currently about to complete his Level 3 exams. I know Ryan is really enjoying the variety of work we do and being able to learn from our experienced bookkeepers but I thought it would be interesting if he wrote about why he chose to do accounts and how he has found the first few weeks. This might help others considering a similar change because it is always daunting, as well as exciting, to take a massive step in a different direction. Here is the beginning of Ryan's bookkeeping journey. …
