VAT Cash Accounting Scheme

What is the VAT cash accounting scheme? In simple terms Cash Accounting for VAT permits eligible businesses to pay VAT only after a buyer has paid for the services or goods which they have supplied, compared to standard Value added tax accounting where companies have to pay Value added tax in the period that a […]

Continue reading

Do Cheap Accountants For Small Business In London Mean Compromise On Quality?

This may sound strange but there a number of individuals who run their own business that try to do their business accounts by themselves. This can be due to a number of reasons including saving money on accountants fees. A lot of these people are not aware that there are plenty of cheap accountants in […]

Continue reading

How To Find Free Accountant Software To Use In Your Business

Accountancy is an important element of the day-to-day lives of individuals as well as business enterprises. Through accounting, an individual or business can keep an eye on its daily financial transactions. If you are a working person, you will most likely be earning income. Your income is going to be used to finance your expenditure […]

Continue reading

A Good Bookkeeping System Is Necessary For Every Business

Most business owners appreciate the need for a good bookkeeping process in their business.  However, despite its advantages, not every business owner pays adequate attention to the bookkeeping activities in their business. Bookkeeping involves the documentation of the financial transactions of a business in an orderly fashion. It forms the first phase of producing many […]

Continue reading

Advantages And Disadvantages Of Trading Through Limited Company

So, you’ve made a decision to set up your very own business and you are asking yourself whether to trade with a Limited company or as a sole trader. Like everything else in life, there are advantages and disadvantages to running a Limited company. It is your personal situation, your business strategies and ambitions and […]

Continue reading