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Archives for May 2015

Do I need to use accounts software?

May 31, 2015 by cbn Leave a Comment

Do I need to use accounts software?

There is a vast array of accounts software available for keeping your accounts which can be overwhelming if you don’t know what you need to do or the best way of doing it.   When you set up a business you need to record your trading income and your trading expenses.  This is basic accounting […]

Filed Under: Bookkeeping

Our top tips for taking on your first employee

May 18, 2015 by cbn Leave a Comment

Our top tips for taking on your first employee

If you are thinking about taking on your first employee there are some things you need to do Calculate how much it will cost you – you must pay your employee at least the minimum wage.  NEVER offer a net salary, ALWAYS offer a gross salary as that is what it will cost you plus […]

Filed Under: Bookkeeping

How much tax will you have to pay for 2014-15?

May 11, 2015 by cbn Leave a Comment

How much tax will you have to pay for 2014-15?

Business owners who are sole traders will probably have an accounting year which ended on 31st March.  This date is in line with HMRCs tax year which ended on 5th April. If your accounting year ends on 31st March you should now be putting together and finalising your accounts for the year so that your […]

Filed Under: Bookkeeping

A bookkeeper will add value to your business

May 3, 2015 by cbn Leave a Comment

A bookkeeper will add value to your business

As a business owner do you really want to spend your time doing your accounts or would you rather be doing or selling what your business is about?  Bookkeepers take care of the detail and will become a valued member of your team.  You may want to do everything yourself, especially if you are a […]

Filed Under: Bookkeeping

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