What are the normal expenses a company can claim?
What are the normal expenses a company can claim against their corporation tax liability? * Your gross salary – this would usually be kept low, in order to maximize dividends payable to yourself as shareholder (thereby avoiding employees and employers’ national...
Any mistakes in bookkeeping can be quite costly for a company
Bookkeeping is an important part of any business. A company's financial progress and position can easily be assessed with the help of the year end accounts or financial statements, which should have been prepared from accounting books and records. Therefore, good...
Are you looking for an accountant who specializes in your size of business?
Another key ingredient to the success of your business is to find a good accountant who provides pertinent, timely and cost-effective advice, and with whom you can communicate clearly & effectively. A simple example would be that they can recommend a good small...
Are you paying too much tax?
The tax legislation contains many allowances and reliefs that can help you minimize your tax liabilities. This is so whether the tax arises on earnings, profits on trade or gains when you sell chargeable assets. We recommend that our clients pay ONLY as much tax as...
Bookkeeping Services
Outsourcing the book keeping is becoming standard among small and medium level businesses, both for their efficient approach and as a cost-effective alternative to keeping and maintaining in-house accounting and admin staff. These professional accounting firms use...
Does It pay to hire a Chartered Accountant in England?
The best way to explain this subject is to list out the basic work activities of a chartered accountants in Brighton. Here is a small summary of the works a professional Chartered tax accountant, qualified from the ICAEW is expected to perform within a business...
Good Bookkeeping is one of the keys to success in any business
Bookkeeping is an important part of any business. A company's financial progress and position can easily be assessed with the help of the year end accounts or financial statements, which should have been prepared from accounting books and records. Therefore, good...
How Accounting Solutions Can Help You with Your Finances
Assistance for financial matters is one of the most sought after services required by businesses irrespective of their size and proportion. Coveted accounting firms like Accounting Solutions provide professional bookkeeping services in Brighton at competitive prices....
How To Find The Right Accountant
Accounting firms come in all shapes and sizes. Tier 1 firms - international firms who tend to work with large businesses. Tier 2 firms - international firms operating throughout the world who tend to prefer to work for businesses of a reasonable size. Tier 3 first...
Importance of Payroll Services
Every business needs a strong accounting framework to achieve success and flourish in their respective fields. Most firms prefer to hire companies that offer accounting solutions to the commercial sector. This ensures professional advice from qualified accountants in...
VAT 101
The VAT man expects all businesses to take reasonable care when completing their quarterly VAT returns. If you make a mistake, which results in the VAT being underpaid, the VATman is likely to charge you a penalty. Penalties can also be applied where a mistake results...
Payroll
One service that business from all sectors need is payroll. Keeping staff profiles for a larger workforce and calculating payroll either monthly or on contractual basis can be a daunting task for business owners. This is where our payroll service department would come...
Tax saving tips!
Employing your spouse in the business If you are self-employed and your spouse helps out with general administration, or any other role, it is quite legitimate to pay your spouse a salary. Just follow sensible commercial rules and you will have no problem with the...
The Nightmare of Tax Codes – Why You Might Be Overpaying HMRC
Taxes are a nightmare. Let’s not pretend otherwise. Anyone who has ever had to fill in their own tax return will know the feeling of abject bewilderment and frustration which goes hand in glove with the whole sorry experience. Worse - after all that annoyance, it...
The one Minute Guide to Tax Credits
What are Tax Credits? Tax Credits are money that HM Revenue and Customs (HMRC) pays to people who have responsibility for children, working families or single people who are in low-paid work. Tax Credits come in two varieties, Working Tax Credit (WTC) and Child Tax...
What distinguishes professional accountants from the crowd!
A Chartered Accountant is not just someone who can perform simple bookkeeping and prepare your year-end accounts. A professional accountant is equipped to double up as a financial adviser to the company and assist them in mitigating their taxes and production...
What does an accountant account for?
Accountants no doubt form the backbone of every business enterprise who provide constant support through out from behind the curtains of the corporate stage drama. As opposed to the general belief among people, accountants do not just prepare and analyze the...
What does an accountant usually do?
Company set up or incorporation Provides registered office of the company Monthly payroll including pay slips, pension contributions, RTI/CIS filings Payroll Year End including Expense Benefits P11d & P11d(b) Book Keeping Bank Reconciliations CT600 for...
Why Is It Important to Hire a Good Accountant?
Finding a professional accountant to handle the finances of any business is critical, all would agree. Someone who is knowledgeable in dealing exclusively with the businesses in your type of industry could drastically change the financial color of your company. A...
Why should you hire a tax accountant?
You might have used or heard of these new age cloud-based accounts software programs which offer cheaper and more efficient accounting and bookkeeping services. While this might seem like a convenient alternative to hiring an in-house accountant in Brighton because of...
A Professional Bookkeeper
It is great for a business owner when money is coming in faster than can be counted. Unfortunately, it is still necessary to count it!! Keeping proper records takes even the experienced independent owner time. A bookkeeper can do several things for your business, and...
We are a small team of qualified Accountants providing a cost effective, reliable & friendly service to all clients who tend to be individuals & small businesses/Limited Companies across mostly the retail & service industries. Send us a message or give us a call as we would love to hear from you. Contact Us
Send us a message or give us a call as we would love to hear from you.