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 is a Confirmation Statement?
3rd August 2021The UK government introduced confirmation statements as a replacement for the rather clunky annual return AR01 form in June 2016. The confirmation…
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How Often Can I Take Dividends from my Limited Company?
20th July 2021If your business is set up as a limited company, paying yourself dividends alongside a salary is usually the most tax efficient…
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What is Bookkeeping?: The complete guide to keeping financial records for your business
6th July 2021Bookkeeping is an essential part of managing a business’s financial health, but it might seem confusing at first. Our guide explains the…
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What Happens if My Accountant Is Bought Out?
4th June 2021A good accountancy practice that really knows its onions is worth its weight in gold. But what happens if your trusty firm…
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How Do I Value My Business?
18th May 2021Knowing what your business is worth at any one time is important for several reasons. It can help you understand how to…
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Accountancy FAQs: What are Business Assets?
4th May 2021Business assets are essential to the way most businesses function. But getting your head around the different types of assets and how…
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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
Regular tax efficiency reviews to reduce your tax bill
Proactive checks of your bookkeeping records
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.