Book Keeping
Whether a sole trader, partnership or limited company you must keep accurate records of your income and expenditure. The main reasons for this are:
1. To fulfil your statutory obligations to HMRC and to Companies House if you are a limited company.
2. To keep your finger on the pulse, manage your business more efficiently and control your cash flow.
3. Funding from financial institutions and government agencies is more likely to be granted
4. To help your accountant to produce your final accounts and reduce your fees.
We can provide guidance on bookkeeping, recommend a software package suitable for your needs or we can advise on manual record keeping.
Alternatively we can provide the service for you at competitive rates.
VAT
Our Bookkeeping service includes the preparation of your VAT returns and advises you on your liability in good time to meet the deadline. We can help you register for VAT if you are approaching the turnover threshold, and we will advise on the best VAT scheme to minimise your liabilities.
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