Sandra Silk Bookkeeping and Business Services was established in 2003 to provide reliable, efficient and flexible bookkeeping and payroll support to businesses in Wiltshire. Our blogs give news, business and legislation updates for small businesses and keeps you up to date with relevant changes.
HMRC have this month updated their Notice 700and#47;22 relating to Making Tax Digital.and#160; The update shows that bookkeeping entries can be made much more simply than was previously described.and#160;
If you want to grow your business at some stage you will need to take on your first employee.and#160; It can be daunting because there are many things you need to consider.and#160; But once you have taken that first step you are on your way to developing your business.
Some businesses do not want to become VAT registered because they think it is too complicated to do VAT returns.and#160; It is quite straightforward especially now that VAT returns can be submitted directly from your accounts software.and#13;and#10;and#13;and#10;Here are some tips for keeping VAT simple and getting it right.
Small employers will soon be receiving, if they havenand#39;t already, notification from The Pension Regulator that they need to carry out reand#45;enrolment.and#13;and#10;Autoand#45;enrolment into a pension scheme began for many smaller employers within the last 3 years.and#160; Reand#45;enrolment requires employers
If you are a provider of services to your customer how often do you review the service you provide to themand#63;and#160; Are you providing the service they want or the service you think they wantand#63;and#160; Do they know what they want or do they trust you to provide the service you think they should haveand#63;
If you are an employer providing expenses andand#47;or benefits to your employees it is likely that you will have to submit a P11D advising HMRC of these expenses or benefits now that the tax year is finished.
HMRC is not always right when it comes to what you owe them.and#160; Over the years we have had lots of situations where HMRC have told our clients they have underpaid PAYE when they havenand#39;t.and#160; Although, to be fair, they do notify clients when they have overpaid too.and#160;
I have worked with Xero since 2011 and whilst it is not the only software we use it has become more popular both with our customers and our bookkeepers.and#160; It is user friendly and is generally quicker to work with than traditional desk top softwares.Whilst there are lots of positives to using the software there are some negatives too which it is worth being aware of.