We live in a digital world, so it shouldn’t come as any surprise that accounting software is taking steps into the digital arena. The introduction of Making Tax Digital in April 2019 means that any VAT-registered business with a taxable turnover over the VAT threshold is now required to keep digital records and use software to submit their VAT returns. But even sole traders can benefit from using a digital accounting package. Here is our quick beginners guide to cloud software, what to look for and why you should be a convert!Read more
No, we don’t mean your 2019/20 return. Though we really do hope that you’ve done that one! Have you filed your 2020/21 return? With the last tax year ending on the 5 April 2021, submissions are now open for your tax return. Yes, we know the deadline isn’t until 31 January 2022 but why wait? Here are our top 5 reasons why you should seize the day and submit your return now.Read more
The role of Bookkeeper and Accountant can sometimes be confused as being the same thing.
A bookkeeper will oversee the day-to-day record keeping and maintain accurate business records.Read more