Recent content by GriffithAccts

  1. GriffithAccts

    Filling accounts under 12 month before closure

    When a company is being wound up or is about to be closed, the final accounts will need to cover the period up to the date of cessation. Make sure to notify Companies House and HMRC properly, file any outstanding returns, and ensure that all liabilities (tax, PAYE, VAT) are calculated up to the...
  2. GriffithAccts

    Website design

    Hello Helen, I have a very good business acquaintance that could help you with this for design and a good price. If you are interested, please PM me. Best, Daniel
  3. GriffithAccts

    What is the proper category for recoding a bonus/incentive given by a bank for switching a bank account?

    New account in the chart of accounts, "Other Income". Simple.
  4. GriffithAccts

    Zero rated VAT?

    I will be humble and got this wrong. I did not read the question and thread fully. It is outside the scope of VAT for services to the USA.
  5. GriffithAccts

    Zero rated VAT?

    Zero rated. It is still a vatable supply but at 0% VAT, so Zero rated. If you need help, reach out.
  6. GriffithAccts

    Zero rated VAT?

    It is not exempt. It is a vatable supply at 0%, so Zero rated.
  7. GriffithAccts

    Tax point for Non-VAT company

    Hi Standby, If it is important about exceeding the VAT registration threshold (and following correct procedure for HMRC), then it is your taxable supplies in the last 12 months (even though currently not VAT registered), point of services is August, so date is 31.08, never September. If you...
  8. GriffithAccts

    Annual statement "confirmation statement", is obligatory in all cases? or depends?

    I think you really need professional advice from the posts I am seeing from you in UK business forum. It is questions on registered office, confirmation statement, tax. I know I am a professional advisor, but really just go on google.co.uk and look up accounting services and pick someone. They...
  9. GriffithAccts

    European company trading in the UK - Corporation tax ?

    This would not be considered a permanent establishment for CT tax purposes in the UK. Only for VAT/import duties on stock transferred into the UK. Only the Italian entity in this regard would pay the corporation tax in Italy based on the oversees profits gained from the UK (Italian entity...
  10. GriffithAccts

    Looking to start up Amazon FBA, any amazon experts here?

    Happy to give some free advice and guidance to begin with. I used to also work for eBay. Whilst not Amazon, I understand the ecommerce areas and gaining traction.
  11. GriffithAccts

    Annual statement "confirmation statement", is obligatory in all cases? or depends?

    Hi Dylan, Even if you are resident in Columbia, and have a UK limited company, you need to adhere to all the UK limited company requirements. For Realm of the Storm Ltd: First accounts are to the period to 31st December 2024. These need to be submitted to Companies House by 9th September...
  12. GriffithAccts

    Accountants what you love and what you hate.

    As a modern accountancy practice, we try to do things different to everyone else. We offer all the normal services, plus also forecast, thinking ahead and even ESG services. Our key owners are themselves very entrepreneurial, and have worked as CFOs in ecommerce companies like eBay. I would...
  13. GriffithAccts

    Help Please

    To Daniel, Matthew & Stephen. Great and clear website. Maybe a section on your mission statement would entice traffic and conversion. You state it well on your main page, independent advice, collaborative approach and saving you time. Expand on that, what is the benefit to the end consumer, your...
  14. GriffithAccts

    Diesel/Petrol prices this afternoon are the lowest for 3 years

    That is great news Jeremy and good for your business, I like your website, and it will benefit your cost base. I only wish it were true, but no one wants to spend on accountancy services :)