Accountancy FAQs
Unsure about VAT? Confused between IR35 and CIS? Find answers to frequently asked questions about accounting, business and finance. Our articles and guides cover a range of accounting FAQs help take the mystery out of HMRC jargon, so you can run your business in straightforward terms.
What Does My Tax Code Mean?
9th April 2025Tax codes can seem pretty scary, especially when you’re not too sure what they are or what they’re used for. In this…
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What Happens If I Do Not Register for VAT Once I Exceed the Threshold?
3rd April 2025A business must register for VAT once its taxable turnover reaches or goes higher than the VAT registration threshold of in a…
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What Happens When A Business Owner Dies Unexpectedly?
30th March 2025As well as being an emotional time, the practicalities of what to do if a business owner dies can be confusing to…
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Access HMRC Online: Government Gateway ID and GOV.UK One Login
23rd March 2025You’ll need to register and sign in to use HMRC’s online services so you can access things like your Personal Tax Account….
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What’s the Difference Between a Director and a Company Secretary?
18th March 2025It was once a requirement for private limited companies to have both a director and a company secretary. These days having a…
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Do I Still Need to Submit a Tax Return If I Don’t Make a Profit?
16th March 2025You should always submit a tax return to HMRC if they’re expecting one, even if you don’t have any profits to report….
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What else is included in our accountancy packages?
If you have any questions about our services please call us on 020 3355 4047
Unlimited support via phone or email
Automated reminders for your important deadlines
Annual tax efficiency reviews to reduce your tax bill
Proactive checks of your bookkeeping on Pandle
Automated bank feeds to speed up your bookkeeping
Live chat support on our bookkeeping software
Mobile app to invoice customers & upload receipts
Free representation during a HMRC investigation
Confirm Transactions
The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?
Please contact our sales team if you’re unsure
VAT Returns
It is unlikely you will need this service, unless you are voluntarily registered for VAT.
Are you sure this is correct?
Call us on 020 3355 4047 if you’re not sure.
MTD IT Quarterly Updates
Your final, end of year MTD Income Tax submission is included in your fee, without this add-on service.
We would recommend you submit the quarterly updates yourself using Pandle or alternative bookkeeping software.
However, if you would prefer us to submit these quarterly updates for you, there is an additional fee of £35.00 per month.
Call us on 020 3355 4047 if you’re not sure.
Bookkeeping
You will receive our bookkeeping software Pandle for free, as part of your package.
You can use this to complete your own bookkeeping, or we can provide a quote to complete your bookkeeping for you.
Please select and option below:
Call us on 020 3355 4047 if you’re not sure.