Today I took on a new client. They telephoned last week wondering what to do as they had just gone over the VAT threshold. They were nervous about what that entailed and concerned they wouldn't know what to do. I spent some time talking them through being VAT registered, keeping accurate records and …
Becoming VAT registered can be a little daunting for those new to business. It means keeping your accounts records organised and and up to date and ensuring that you have VAT receipts for all the business expenses you want to claim back VAT on. It also means that you need to know whether the products or services you sell should have VAT added. …
We thought furlough was challenging but flexible furlough is proving even more so! As a payroll bureau working with businesses employing between 2 and 50 staff, furlough has been important for many of our clients during lockdown. It has been interesting to see how …
As bookkeepers one of the many skills we need is good attention to detail. So its probably not a surprise that it is one of the skills I list when advertising a bookkeeper position. Attention to detail has several meanings but includes being thorough and accurate. So when I post a job advert for a bookkeeper, …
When you start a business one of the things you need to arrange is a bank account to enable you to keep your personal and business spending separate. If you are starting as a sole trader/self-employed with just a little income initially it is tempting to …
