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.
Cash Basis Accounting vs Traditional Accounting
3rd September 2023If you’re starting up your business, then there are plenty of decisions to make. One of these is whether to use cash-basis…
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Accounting FAQs: What is a Liability?
20th August 2023Running a business can be confusing at times, and especially if there’s lots of new accounting jargon that you’re not used to….
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Understanding How Pay As You Earn (PAYE) Works
18th August 2023You’ll normally need to register as an employer for the Pay As You Earn (PAYE) scheme when you take on your first…
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What Are Trade Debtors?
15th August 2023Trade debtors are essentially unpaid invoices for the goods or services your business provides to its customers, although the term can also…
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What is a Balance Sheet?
4th August 2023Balance sheets are a useful part of understanding the financial health of a business, so we explain how they work, why you…
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What is a Confirmation Statement?
3rd August 2023Confirmation statements were introduced as a replacement for the rather clunky annual return AR01 form in June 2016. They essentially do the…
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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.
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.