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 Are Business Assets?
5th September 2025Assets are things your business owns which have or generate value. The value they add to a business means they’re often crucial…
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How to Write the Perfect Business Plan
4th September 2025Whether you’re thinking of starting a new business or looking to scale up, a business plan is an important tool for success….
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Understanding Accountancy Terms: Profit and Loss
2nd September 2025Profit and loss reports are a key aspect of running a successful business, so in this article we explain what the terms…
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Can I Claim Child Benefit if I’m Self-Employed?
31st August 2025If you are bringing up a child or children, you may be entitled to claim Child Benefit. This is a tax-free benefit…
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How Much Tax Will I Pay?
19th August 2025Tax is a really broad subject and there are all sorts of taxes out there. When most people come to us to…
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Using Financial Reports in Your Business
14th August 2025Financial reports are important tools for managing and understanding the financial health of your business. Sometimes referred to as ‘management accounts’, they…
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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.