Accounts and Accounting

Accountancy advice tailored for small businesses

Accountancy is one of the most important areas of business. Every SME owner needs to have their finances in excellent shape – disorganized or inaccurate figures could harm business and impact the bottom line. Why not browse through articles in this section to polish up your knowledge on topics ranging from tax returns abd PAYE, to accountancy software and budgeting?

Are Pay Slips Compulsory?

Are Pay Slips Compulsory?

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Are Pay Slips Compulsory?

It's Pay Day, so where do you stand legally on your current processes? By not providing a pay slip are you breaking the law? Here are the facts...

How Often Should I Submit a VAT Return?

How Often Should I Submit a VAT Return?

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How Often Should I Submit a VAT Return?

How often should you submit your VAT returns to HMRC? Should you consider using the Annual Accounting Scheme? What should you do if you make a mistake?

Mastering the Basics of Financial Management

Mastering the Basics of Financial Management

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Mastering the Basics of Financial Management

Read our quick tips on where to start if you want to improve skills in financial management.

The Basics of PAYE

The Basics of PAYE

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The Basics of PAYE

We cover the basics of PAYE and who needs to use it to ensure staff and tax are paid.

How to Treat Customer Discounts in Your Bookkeeping

How to Treat Customer Discounts in Your Bookkeeping

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How to Treat Customer Discounts in Your Bookkeeping

Whether you're offering discounts to get rid of stock, attract new customers or launch a reward scheme, make sure you record the figures accurately.

Employee Salaries: Standard Rates

Employee Salaries: Standard Rates

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Employee Salaries: Standard Rates

Salaries are such an important factor in keeping your employees motivated. But just how should you work out what to pay your staff?

Tax Payments and Closing a Company - Quick Tips

Tax Payments and Closing a Company - Quick Tips

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Tax Payments and Closing a Company - Quick Tips

Some speedy advice on what to do with tax when winding down a company.

Tangible Fixed Assets vs Intangible Assets

Tangible Fixed Assets vs Intangible Assets

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Tangible Fixed Assets vs Intangible Assets

A (very) quick look at the differences between tangible fixed assets and intangible assets.