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As stated, we will tailor our solutions around what it is you require
.If you are simply looking for someone to keep track and document your daily, weekly and monthly income and expenditure, so you can review this periodically and see
then this can be set up, alongside Bi Monthly bank reconciliations.
I can meet with you, and after discussion, put this in place.
This can be by way of simple monthly spreadsheets or on one of the trusted partnered computerised accounting systems. Whichever works best for you.The solution we agree to has to meet your needs. After all, it's your business, and I want to help you grow.
As with the basic Income and Expenditure, but more detailed and in depth. Here we record all of your funds in and out of your business, but broken down into categories that will then help to provide you with detailed information for who owes you money, how long they have owed this for, and when it is due. The same would go for anyone you owe any money to. From here, I can produce various financial documents, and management reports , which can help you plan for the future, and pin point issues, and fine tune the business.
One of these is called a Profit and Loss statement. This important financial statement is sometimes referred to as a "P&L". Sometimes it's called an income statement. This statement shows the revenues and expenses of the business, and if you have made any profit or loss, over a specific time period (a month, a quarter, or a year) If you would like this done weekly, so you can have an instant picture week by week, this can be arranged.Whilst this is done, I run a monthly bank reconciliation for the accounts to make sure everything is as it should be.
The end of year returns.
This part never really appeals to anyone running a business, but it is important. This is where you tell HMRC how much revenue and profit you have made in the last accounting year, and how much in expenses you have had to pay out. We all have a personal allowance we can earn tax free, So we need to make sure all of your allowable business expenses that occur in the day to day running of your business help to reduce your final tax payment. This is where I will help. Either by assisting you to complete the self assessment, or acting as a tax agent with HMRC to do your return for you with your permission. With all your income and expenses recorded with Keeping Track Bookkeeping, this should be easy enough.
Taxation can be a tricky thing, and it is your responsibilty to provide me with all of the inovices and reciepts etc needed to make sure we get you the best help.
With unsociable hours, seasonal work, trying to gain new pupils, time spent waiting around, lets make sure you keep as much of your hard earned cash that you can.Follow the link to receive your free guide TODAY.
SSP RELIEF PACKAGE SSP for sickness absence due to COVID-19 will be paid for 2 weeks by the government from day one of the illness
SMALL BUSINESS GRANT Small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief
JOB RETENTION SCHEME Support to continue paying employees’ salary for those that would otherwise have been laid off during this crisis
RETAIL AND HOSPITALITY GRANT Provides businesses in the retail, hospitality and leisure sectors with a cash grant of up to £25,000 per property
TIME TO PAY SERVICE Anyone in financial distress, and with outstanding tax liabilities, may be eligible to receive support