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financial bookkeeping

Why Financial Bookkeeping Is Important for your Small Businesses

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 […]
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payroll for small business

Payroll for Small Businesses in the UK

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 […]
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professional bookkeeping service

Top Bookkeeping Tips

For every business, even those who employ a professional bookkeeping service it’s important to understand the basics. For many small businesses and start-ups bookkeeping can be a daunting process. However, if you’re struggling to balance your books every month, or are mystified by how bookkeeping works, then follow these straightforward tips to get your finances […]
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guide to bookkeeping

Everything You Need to Know About Bookkeeping

What is Bookkeeping? Bookkeeping is the accounting process of keeping track of all relevant information regarding the transactions and financial activities of a business. Accurate and thorough financial bookkeeping is vital for any business as the success of a business is dependent on the bookkeeper accurately recording financial transactions based on supporting documentation. This documentation […]
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confirmation statement

Everything you need to know about preparing a confirmation statement

What is a Confirmation Statement? Previously known as annual return, every year all limited companies must submit a confirmation statement to Companies House. This statement provides current information about the company, its officials, and the breakdown of its share capital on the anniversary of the company’s incorporation and is different to the company’s annual accounts. […]
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