Good bookkeeping: A backbone of business success Keeping your accounting records up to date can feel like a chore, but when your bookkeeping is kept up to date, you and […]
Companies urged to file accounts early and online to avoid penalties Running your own company can be exciting but also challenging. Directors have lots of responsibilities including keeping company records […]
HMRC is reminding taxpayers that they must declare COVID-19 payments in their tax return for the 2021 to 2022 tax year. These grants are taxable and should be declared […]
Running your own company can be exciting but also challenging. Directors have lots of responsibilities including keeping company records up-to-date and making sure they’re filed on time. All limited companies, […]
An overdrawn director’s loan account is created when a director (or other close family member) ‘borrows’ money from their company. Many companies, particularly ‘close’ private companies, pay for personal expenses […]
Limited companies are required to hold a wide range of company and accounting records. This includes details of directors, shareholders, company
If you are self-employed as a sole trader or as a partner in a business partnership, then you must keep suitable business records as well as separate
There are special rules in place which limit the ability to change a company’s year end date. A company’s year-end date is also known as its ‘accounting reference date’ and […]
