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.
Why Do I Need to Verify My Identity for Companies House?
13th June 2025Verifying your identity to Companies House is now a legal requirement in the UK. We’ll explain how you can verify your identity,…
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Understanding Accounting Terms: Opening and Closing Balances
5th June 2025Business accounting is awash with all sorts of terminology, so our jargon-busting series of accounting FAQs explains common accountancy terms to help…
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Can a Company Have Two Managing Directors?
3rd June 2025A director is responsible for the success of a company, whilst ensuring it’s compliant with any regulations. It’s a lot of work,…
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Tax Relief for the Self-Employed
2nd June 2025Self-employment can be hard work because as well as doing your job, you’re also dealing with marketing, sales, and of course, accounting….
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The Advantages and Disadvantages of Operating as a Limited Company
1st June 2025One of the first decisions that a new business owner must make is about how to choose the legal structure of their…
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What Are the Benefits of Being a Sole Trader?
1st June 2025One of the first decisions most new business owners make is around what type of business structure they should use. Each option…
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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.