Guidelines When Applying for the CIS Scheme CIS or the Construction Industry Scheme can save you money on your tax bill. If you are a subcontractor, you can register for the CIS scheme so instead of your contractor having to hand over 30% of your wages to HMRC, it is only 20%. It is important […]
Whether you are just setting up or are already running a small business then you will have thought about hiring an accountant. An accountant can become the trustworthy member of the team that helps your business grow and their services can help you comply with laws, etc. Even with all that said you may still […]
Accounting Solutions Tailored to Your Small Business in the UK When searching for top accountants in the UK you should look for a firm that can offer solutions that are tailored to your small business. At BNA Consulting we offer a bespoke service where you can have an accountant who will get to know you […]
Accountants Can Save Time by Automating Tasks The tax deadline is approaching and accountants need to ensure that their client’s taxes are in order. Yet, taxes do not have to be as taxing as they have been in the past. There are ways to speed up the process, and there are tools available to make […]
A Guide to VAT for Small Businesses VAT can be a complicated tax and small businesses need to be clear on when to register and what their responsibilities are. We have created a short guide on VAT registration Uk that will answer some of the most common questions. Who Needs to Register? In the UK […]
There are various costs associated with starting a new business and because of this, some small business chooses to manage the accounting side of their business themselves to save money. However, this can be a false economy as having an expert accountants in UK is vital to the success of a fledgling enterprise. Poorly managed […]
Making sure that you have the right bookkeeper is essential for anyone looking to grow their business. Having a reliable bookkeeping services on call will help take care of all the financial aspects of your business whilst giving you more time to focus on developing your business. But if bookkeeping isn’t your area of expertise […]
Why Financial Bookkeeping Is Important for your Small Businesses All small businesses need a good financial bookkeeping service to ensure that your finances are always in order. A bookkeeping service can cover everything on the financial side of your business from creating invoices, chasing up payments, preparing for tax deadlines and processing payroll. If you […]
All businesses whatever their size have to have a system for paying their staff. For small businesses it’s tempting to attempt to keep payroll in house, issuing payment on an ad-hoc basis by writing cheques, or issuing bank transfers for salaries at the end of the each week or month. However, this risks breaking HMRC […]
Finding a reliable bookkeeping service can be a daunting task. After all, the financial side of your business is key to its success. Luckily, BNA consulting have a wealth of experts on hand to provide one of the best and reliable bookkeeping service in London. Managing your bookkeeping tasks alone can be difficult and time […]