13/01/2021Accountants , Accounting Issues , Making Tax Digital , VAT
If you are running a business, then you have to keep track of the taxes that you pay to HMRC. VAT is an indirect tax that is collected by HMRC because it is charged by the businesses for the HMRC. There are different VAT schemes to report VAT with HMRC. In the UK, VAT is …
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12/01/2021Accountants , Accounting Issues
Invoice discounting and factoring are very similar concepts. Both are helpful in releasing cash which is tied in invoices. Anyone can be helpful in funding, including banks, financiers, or invoice factoring companies. These lend against an outstanding debtor balance or accounts receivable. The end goals are the same. Having extra cash for your business never …
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06/01/2021Accountants , Accountants for Contractors , Accounting Issues , Tax Issues , VAT
As an accountant, we have to do a lot of problem-solving each day. Let’s take a look at the top ten VAT problems, and identify solutions for each one of these too. Businesses want to end up paying as little as possible, and getting your VAT right is one way to make sure you’re not …
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23/12/2020Accounting Issues , Covid -19 , Tax Issues , Tax Saving Tips , VAT
Here’s some good news to look up to for business owners: there will be no late filing penalties if you missed out on your tax return deadlines this year. But that doesn’t necessarily mean that HMRC encourages you to pay late. HMRC, in fact, made sure to not extend tax return deadlines so that maximum …
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18/12/2020Accounting Issues , Startup accountants
If you’re looking forward to investing in the long-term success of your business, chances are you’re focusing on your product or service alone. You’re probably paying no attention to anything else surrounding it to ensure things go smoothly in the long run. However, selective attention is also a thing when it comes to running a …
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02/12/2020Accounting Issues , Budgets & Other
From 1 January 2021, you will need an Economic Operators Registration and Identification (EORI) number to move goods between Great Britain and the EU. Prior to 1 January 2021, you only needed an EORI number if you move goods between the UK and non-EU countries. If you do not already have an EORI number UK, …
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30/11/2020Accountants , Accounting Issues
An accountant is the guardian angel of your finance. It’s hard to focus on your business without an accountant. Bookkeeping, payroll, or a business plan diverts your attention from the main purpose; your business. Your real focus must be accounting and bookkeeping. An accountant drives growth within a business, people prefer not to opt for …
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18/11/2020Accountants , Accounting Issues , Limited Company
Annual accounts preparation for your business is an important requirement to fulfill legally. The process might not be a walk in the park. This is a complete task that requires expertise and time. Annual accounts are also called statutory accounts. Get started with these statutory accounts when your financial year ends. It has all the …
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03/11/2020Accounting Issues , Budgets & Other
People holding business bank accounts are now distancing themselves from the customary high street banks for obvious reasons. A lot of things have brought about this decision, but one of the main reasons is the lack of innovation and bad customer care. A poor saving rate is another major reason. If you are running a …
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25/05/2020Accountants , Accounting Issues , Business Growth Ideas
From the outside, the job of a taxi driver seems simple enough, which requires picking up passengers from taxi stations and dropping them off at their desired locations. However, it is far from it, and for being a taxi driver you need many skills to be good at your job and in this article, we …
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Aamara Waqas2023-08-27Caroline Oake2021-11-14James Smith2020-08-11For 15 minutes work Mr Burke started with 150+VAT per hour for two hours to quoting 600+VAT.Maurizio Paolella2019-12-08Reliable professionals - I would certainly recommend.Anna Ruse2019-11-21After meeting Peter Burke at a local Networking group, Cruse & Burke Accountants have been handling my self assessment tax returns, since I started working on a self employed basis over 6 years ago. They are efficient and everything is done quickly and professionally, which is great for me, as I would otherwise not have a clue how to complete them myself. I can definitely recommend their services.Alan Harwood2019-10-22John Agbai2019-06-26Very professional and knowledgeable in all aspects of taxation. A great team to have onside.Simon Piller2019-04-03Susan provides a very efficient payroll service for me.Johanna Cargill2019-01-21Excellent, no complaints. Always willing to help!Rebecca Smith2015-04-20Fantastic customer service, would 100% recommend!!
