Expert accountancy and bookkeeping services for small Limited Companies

Limited company directors often pay business costs personally and then reclaim them from the company. That is perfectly normal. But problems arise when business expenses and personal expenses become mixed together. A train ticket to visit a client is very different from a new suit for meetings or a personal hotel stay. The important thing is to understand what qualifies as a genuine director’s expense, what does not, and what to do if the company has accidentally paid somethi

Business gifts are a common area of confusion for limited company owners. You may want to send a thank-you gift to a customer, give samples to potential buyers, provide small branded items, or give a gift to a member of staff. But the tax treatment depends on who receives the gift, what the gift is, why it is being given, and whether VAT has been claimed. The starting point is simple: Most business gifts are treated like business entertaining, which means they are not normall

In recent years, many flat owners have taken a more hands-on approach to managing their properties by setting up a Right to Manage (RTM)...

If the rules around social functions are followed, staff events like your end-of-year party, or your summer barbecue are tax-deductible...

We’re always here to keep you up to date with the latest accounting, tax and compliance deadlines. Here are the forthcoming deadlines and...

HM Revenue & Customs (HMRC) expects you to pay your taxes on time. But if you’re finding it difficult to pay in full, HMRC can be...

Generally speaking, the business expenses you incur are allowable against your profits. But when it comes to fixed asset purchases...

Projecting your cashflow pipeline forwards during a crisis is vital. To be able to navigate the future path of your cashflow, you need to...

You’ll no doubt have seen the news of a rise in both employees’ and employers’ National Insurance contributions (NICs). It’s been a...

Giving gifts to your employees can be a great way to increase engagement and raise the overall morale of your team. But how much can you...

Do you prefer cash accounting or accrual accounting? We can help you figure out what’s best for your business. #SmallBusiness #cashflow...

Carrying out research and development (R&D) can be an expensive part of developing your product/service and growing your business. So,...

When to retain records to Companies and unincorporated associations that may be required to make a company tax return must retain their...