Starting a new business? Get 40% off our accountancy services for 3 months! 😀

x

Managing a small business is difficult, especially in a tough economic climate where there are cutbacks to consider and many legislation reviews. Ever tightening budgets can result in a loss of opportunity which can spell disaster for a business, which is why you have to spend time wisely, searching for new opportunities. Outsourcing to a cheap accountants will leave you free to keep your business solvent whilst knowing that your business accounts are being dealt with.

There have been many legislative changes in the news recently which affect small and medium enterprises such as the National Insurance Contributions holiday and changes in the rates of Corporation Tax. Trying to stay informed as well as putting new legislation into practice can be time consuming. Some of the changes made can also be beneficial to your company, which an accountant will advise you of.

Online accounting also allows you to make changes to documents and records in real time, rather than having to rely on the mail system or visit your accountants in person. You can submit all documents online, saving time and money. There is no requirement for lots of paperwork to clutter up your offices, as you can retain your online accounting securely.

As there can be errors in documents issued by HM Revenue & Customs, it is advisable to allow a low cost accountants to check all communications to ensure you have paid the correct amount of tax, national insurance and VAT, all promptly using the correct payment methods.

guest
0 Comments
Inline Feedbacks
View all comments

Read more posts...

Umbrella Companies for Self-Employed Contractors

When you set up in business as a contractor you might either work as a sole trader or as a limited company….

Read More

Get Ready for Small Business Saturday UK 2022

Small Business Saturday started in the US in 2010, on the first Saturday following Thanksgiving. It aims to encourage shoppers to consider…

Read More

Architects and Tax

Architecture is a highly diverse sector when it comes to tax. It’s partly down to the type of businesses that carry out…

Read More
Back to Blog...

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?

Yes, submit my quote
No, let me change it

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?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.

Bookkeeping

You only need this service if you want us to complete the bookkeeping on your behalf.

Would you prefer to complete your own bookkeeping?

Yes
No

Call us on 020 3355 4047 if you’re not sure.