As a company owner you will need to be aware of the existence of two government bodies: HMRC and Companies House. Both of them fulfil different functions and towards each you will have a number of responsibilities. Read More »
The Bank of England has recently changed its rates, however, rather than increasing them as many people had been expecting, interest rates have reached a record low at 0.25%. One of the major reasons for this change is June’s referendum to vote for Britain to leave the EU, which resulted in understandable loss of economic confidence. Read More »
Every year many small business owners are filing their auto-enrolment for the very first time. Although it is a task we all do, still many questions arise just as the deadline fast approaching. As a company director you need to ensure that all your paperwork is organised and delivered to the right address at the right time. Read More »
Upon incorporation with Companies House, limited companies become individual legal entities. This means that all business finances and assets belong to the company and not its owners. As a company owner you cannot simply remove money from the business in the same way as a sole trader can. Read More »
If you are a young business owner, it is likely that the topic of bookkeeping and your responsibilities and requirements have been on your mind almost constantly. As your business start taking shape, you will need to learn which accounting records are important and how to keep them organised and up-to-date. Read More »
Maintaining healthy cashflow is one of the greatest challenges every small business owner faces at some point. Running your business requires discipline and high organisation skills and often means dedicating your time to do administrative work rather than plan an exciting investment. Read More »
One of the main reasons a lot of businesses fail is the owners’ inability to predict the amount of responsibilities one has when running a company. From marketing and market research to contacting clients and tax and finances, it can be overwhelming to take care of all these aspects. However, the simple solution for managing all the tasks is outsourcing some of them. Read More »
Finding a good accountant can be a daunting process, especially for company owners who start their first business. Scanning through pages of Google results is a pointless task if you don’t have a clear idea of what exactly you are looking for in the candidate. Read More »
As a leading UK accounting firm and expert business consultancy, Tawanda Accountants carry out scrupulous accounting and provide payroll services and procedures for small businesses, individuals and business start ups.
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