Accountant

Helping Local Businesses in Hammersmith

Posted by on April 20, 2012 at 5:09 pm

Tax Return Tips and Advice

Posted by on December 23, 2011 at 5:31 pm

Deadline for filing your tax return For individuals in the UK, the deadline for filing your paper tax return is 31 October each year.  For online filing of tax returns the deadline is 31 January each year. If you happen to file you paper tax return after 31 October or your online tax return after […]

Treatment for Depreciation of Fixed Assets When Preparing Year End Accounts

Posted by on December 16, 2011 at 5:44 pm

The provision for depreciation is an accounting and tax term used to describe the calculation of the physical decline of fixed assets of businesses. Most fixed assets such as plants, equipment, furniture and vehicles decline in value over time as they are used and as they age. Hence, one needs to take into account the […]

How to Make Your Online Experience with HMRC a Secure One

Posted by on May 18, 2011 at 5:01 pm

Electronic communication and transactions are an integral part of dealings with HMRC. However, as always there are two sides to every story. Along with the many advantages comes the risk of frauds and scams. Complaints on individuals claiming to be someone they are not, and obtaining information they are not entitled to, are the most […]

Outsourcing for Small and Start-up Businesses

Posted by on May 11, 2011 at 2:34 pm

The business environment is always subject to continuous changes from business regulations to the way you do your marketing. So how can small and start-up businesses cope in today’s tough economy? Entrepreneurs and small business owners talk about this topic frequently. The discussions most of the time centres around the point that companies need assistance […]

Buying Residential Property in the UK Advice for Foreign Nationals

Posted by on April 21, 2011 at 11:24 am

Freehold Property A freehold property is where the owner has complete and absolute ownership of the land, and all buildings that stand on the land. There is no limit of time to hold the property like in the case of leasehold property. A freehold property lies with the titleholder unless they transfer it of their […]

Advice in making a Business Plan; Useful Points to note for Small and Medium Scale Businesses

Posted by on April 14, 2011 at 3:16 pm

Why do businesses need a plan? As everything in life businesses too need careful planning. Businesses are all about getting a return on investment. A business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain […]

Rental Accounting in Practice; Appraising Properties based on Ratio Analysis

Posted by on April 6, 2011 at 7:48 am

When it comes to real estate, ratios show year to year or month to month projection of rental accounts analysis, and it enables them to realise if for example properties which are rented are valuable against the money they have invested in the property, are the money received from rental properties able to recover the […]

Self Assessment / Tax Return

Posted by on April 1, 2011 at 8:17 pm

Tax return or in other words self assessment is the buzz word during the month of Janaury as everybody is rushing to file their respective documents with HMRC to avoid any unnecessary penalties. For a first time user filing the tax return could be a complicated task. Getting it wrong leads to harsh consequences. The […]

Test your knowledge on VAT

Posted by on March 16, 2011 at 8:46 am

Value Added Tax (VAT) is a tax that is charged on most goods and services that are provided within UK. It is also charged on goods and some services that are imported from countries outside the European Union (EU), and brought into the UK from other EU countries. VAT is charged when a VAT-registered business […]