by admin | Mar 19, 2024 | General News
For many, tax season falls between November and January, yet for registered businesses, the tax period commences annually, following the date of their initial registration. It’s imperative for entrepreneurs to organise their financial dealings to guarantee a...
by admin | Feb 23, 2024 | General News
As a business owner, one of the most valuable tools at your disposal is the Profit and Loss (P&L) Statement, also known as the Income Statement. It’s not just a sheet of numbers but a storybook of your business’s financial performance over a specific...
by admin | Feb 8, 2024 | General News
Gift Aid is a valuable tool that allows individuals to make their charitable contributions go even further. By declaring Gift Aid on donations, you not only support the causes you care about but also unlock significant tax benefits. In this blog post, we’ll...
by admin | Feb 19, 2021 | General News
This blog piece is an introduction to Rachael (me), the person behind the name of Independent Bookkeeping, how Independent Bookkeeping came about and why I became a bookkeeper. History I left school with no grades or qualifications and bounced around the hotel...
by admin | Jan 18, 2021 | General News
Over the last few weeks we have been looking at dividends and how they work! Here is a brief explanation of what they are, how they are processed and how your taxed on them. What are dividends in relation to my company? Dividends are payments to directors and/or...
by admin | Jul 23, 2020 | General News
Did you know that the most popular way of running a business in the UK is to be Self Employed? However, here are some of the advantages of running your business as a Limited Company rather than as a Sole Trader. TAX • One of the biggest advantages for many is...