Formerly a senior accountant with several public companies and finance director before semi retirement. Following a number of years installing financial and accounting software in recent years has designed a range of Accounting Software and Payroll Software for self employed business and small limited companies in the UK

Tax accounting software for self employed accounts involves accounting software to produce the accounts combined with tax software to produce the self employed tax returns and tax liability.

Choosing a name for company during formation is not difficult but there are rules which have to be adhered to regarding the choice of company name. A company name search of the company name register i...

Internet and local media advertising are useful sources to start up and promote home bookkeeping services. By setting a financial budget for each sales channel the bookkeeper can manage the results to...

Networking by personal contact with prospective clients is undoubtedly the best way to start up and promote home bookkeeping services. There are a number of ways in which networking can be achieved by...

Calculating the dividend tax credit and understanding the position with regard to income tax on dividends.

Procedures in declaring dividends are contained within the articles of association the formalities of which need to be observed in recording the transaction and preparing the dividend voucher.

The revenue budget is an essential business management accounting tool monitoring actual financial performance against the approved financial targets. Fixing a budget produces few tangible improvement...

The balance sheet is a financial statement of the assets and liabilities of a business or organisation at a specific date. The main balances reported being separated between fixed and current assets, ...

Every business that employs people is legally bound to run a payroll system. The three alternatives to satisfy the requirements are outsourcing payroll, using a payroll software package or calculating...

Small and medium sized companies in the UK can take advantage of supplying abbreviated year end accounts to Companies House which have not been audited by independent accountants. This guide sets out ...

Small business often accepts business expenses as inevitable and while some effort is usually made to keep expenses down it is often done without reference to the accounts. Maintaining a regular syste...

Many small businesses concentrate on the job in hand and treat bookkeeping as an administrative burden. By adopting suitable accounting software as an essential tool of the business the financial perf...

Every business is required by the tax authority to keep bookkeeping records to enable the net taxable profit or loss to be calculated. While complex accounting systems can be appropriate in some circu...

The vast majority of tax returns are not enquired into by HMRC and are accepted as reasonable. When HMRC investigate the tax return of a small business the inadequacies of the accounting, lack of know...

A number of questions arise when clients buy an excel spreadsheet package the majority which involve a misunderstanding of the installation procedures to be followed and in some cases not knowing that...