By clicking “Accept All”, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage, and assist in our marketing efforts
Essential
These cookies enable our website and App to remember things such as your region or country, language, accessibility options and your preferences and settings.
Analytics
Analytic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
Marketing
Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
I'm in Panama and I'm looking for someone to set up a UK company In order to use stripe to take payments from an app in the Android store.
As far as I can see, because I'm living abroad, there would be no tax payable in the UK. but I also understand that I need an accountant who knows how to...
Hello,
I'm new to this site and looking for some help and guidance on an Accounting & Tax related topic.
I registered my software development business about 4 years ago however it has been dormant ever since, whilst i was building it. Over the course of the past 4 years I did incur expenses...
Hi all,
First, i would like to apologies if the similar question has been asked before. Im ACCA active member (without practice certificate) and running side businesses under limited companies mainly in construction, building, property investment company (SPV) and development company.
In each...
What is the proper category in FreeAgent for recoding a incentive/bonus given by a bank to a limited company for switching a bank account?
The closest option that I see is the "Grant Income" category under the "Other Money In" type which is recorded under "Other income" and in the CT600 report...
Hello! 😊
I hope everyone is doing well.
I’m looking to connect with fellow accountants and bookkeepers in the UK to share experiences and insights. It would be great to learn from each other and exchange ideas.
Please feel free to DM or comment in the thread—looking forward to hearing from...
Hi everyone,
Since stepping down from my stressful role as a Director, I’ve been running a promising outsourcing business. We primarily assist accountants and small business owners in hiring remote employees at a fraction of local hiring costs. More importantly, our service allows clients to...
Looking for Chartered Accountants based on personal experiences.
Require compliance, payroll, support, returns, etc for business with 20 staff, £4.5 mil t/o.
Not looking for cheap, just solid service.
Can be anywhere in the UK or even EU as everythings done remote or via Zoom post c19.
Thx
Hi community,
Since October 2023, we have received a letter from HMRC regarding VAT declarations for the company that we have ceased trading. The business activity stopped with 0 sales and 0 expenses.
The accountant is requesting £270 for VAT declarations. How can I submit 0 sales and 0...
Hello
To all the freelancers/contractors/small businesses out there, im writing up some content on business banking (accounts) and wondered that:
Having had the experience of using business accounts, If freelancers/contractors/small businesses went looking for a business bank account what top...
Hi everyone,
I started an outsourcing firm for accountancy practices in UK. I currently work at a practice and alongside that I am trying to grow this business. We are based in Cardiff and we have a team in India to outsource the work to. I am struggling to find clients, I am wondering if...
If your business is growing, you’ve registered your company, you’re a sole trader, or you’re hiring more staff, it might be time to hire an accountant.
Accountants are there to help with financial administration, from monitoring your income, outgoings, to tax and identifying ways to help the...
Hi
I have both a bookkeeper and accountant. The bookkeeper does the work around prepping and submitting for SA, the accountant does all the production of company accounts.
I'm very careful to keep cash in the business - I have always taken the approach of making absolutely sure that there is...
Hi All,
I am looking to get ERA (Exempt Regulated Activities) status with ACCA and I am required to have a continuity agreement with another regulated accountancy firm that has that license (providing those services) with their professional body. Are there any accountants that have that status...
Hi,
My business is now doing over 6 figures a month in revenue and growing. I also am considering switching my residency out of the UK as I have other citizenships and our office basically runs itself with my staff with me working remote.
I’m wondering at what point did people bring in an in...
Hi I am just starting up and after some advice if possible!
I initially did not think I needed to make international payments but have now realised I will. Therefore I am starting to look at my current business banks fees etc for international payments. I decided to look around and came across...
Good Morning,
We are currently starting a new business, at the moment it is only 2 of us who needs to go on the books with the hope of that number growing. I was just wondering, what would be the best Payroll Software for something this small? And if it could be easy to use, that would be...
Hello, guys. I'm posting this for a need. Is it possible to create a Microsoft account with Gmail? Some people say it's not possible, but others say it is possible. But I'm confused about which one is true. Please provide me with proper guidance if possible.
Knowing when to start using an accountant as a small business is a popular topic on UKBF.
Depending on the size and complexity of your business, it’s possible to manage your own finances, especially with accounting tools and software.
However, the benefits and tax savings of getting an...
Hello,
Run a fast-food company who uses Just Eat as one of it sales channels. Just eat charge us a commission of 13%. I am a little on what I should be paying VAT on. Pleas.
e take a look at the example below
Example
Vat Rate: 20%
Commission Rate: 13%
For example my company makes...
hi thanks
i am new to this :)
i know its a stupid question i have asked but...
i have a small salon, and i have a receptionist on payroll, only 1 person on the payroll.
my accountant will be charging me £200 per year to do her wage slips etc
is this correct?, can i do it myself?
any ideas...