How often should I do my bookkeeping?
During this month’s Facebook Live, I talked about how often a business should do their bookkeeping. There is no hard and fast rule about how often a business needs to do its bookkeeping. However, there are legal deadlines every business will need to meet, and...
Mini Budget – Oct 17, 2022
Since the old Chancellor, Kwasi Kwarteng, was removed from the position last week, and the new Chancellor, Jeremy Hunt, was installed in the position, there have been several changes to the mini budget announced on Sept 23rd, 2022. Here are the changes that have now...
When should I register for VAT?
During this month’s Facebook Live, I talked about VAT – specifically about when you should register for VAT. Before I talk about when you should register for VAT, I want to start by explaining what VAT is. VAT is a value-added tax that is charged on almost...
Mini Budget – Sept, 23, 2022
On Sept 23rd, 2022, the Chancellor, Kwasi Kwarteng, announced a mini-budget to help businesses and individuals with the increasing costs of living. I have summarised the announcements that will help businesses below. Basic rate of income tax for those in England,...