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What are Accounts?
Every business must keep accounts. There are many reasons for keeping accounts. For example to: meet your legal duties work out how much you have earned calculate how much tax you owe the HM Revenue...
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Costs – Don’t Mix Business and Pleasure
All too often business owners find themselves in an accounting mess because they have mixed up their business and personal costs. I’d always advise keeping your business costs and personal expenditure...
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Five top tips for doing your own books
Maintaining your own financial records – AKA doing your books – can seem daunting when you’re new to it. However, it’s an essential part of running your business and ignoring the accounts will lead to...
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Simple guide to closing a company
Many people set up a limited company with very high hopes of business success. Unfortunately such success is not guaranteed and can elude some, resulting in the need to close the company. If your...
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