Common Bookkeeping mistakes
Every tax season we come across a range of bookkeeping techniques; from the organised professional to just downright mess! It’s really important to have your accounts in order; not only to make it easier for you to keep an eye on what you do, but also to make the accounting process simpler and cheaper! So […]
Our top tips for maintaining a healthy cash flow
One of the key services we offer at Surrey Accountancy Limited is to educate our clients in understanding how essential a healthy cash flow is to a business. Often the importance of cash flow and its impact on a company’s sustainability is not properly understood small businesses. In order to help you establish a healthy […]
The importance of cashflow
Often the importance of cash flow and its impact on a company’s sustainability and success is ignored or not understood by small businesses. One of the most important part of what we do at Surrey Accountancy is to ensure our clients are educated on the importance of cash flow and how to maintain it. As […]
Self assessment & tax return- Need to knows
Who needs to file a Self Assessment tax return? If income isn’t taxed automatically, after it’s paid to you, you must file a return. Most taxpayers pay their taxes through the employee PAYE scheme, but if you’re a sole trader or a company director, completing a Self Assessment is required to help find out how […]
In the construction industry? Find out about the CIS Reverse VAT Charge.
The UK Government have introduced changes to existing VAT rules in order to tackle the increase in fraud. The changes are set to impact the cash flow of over 100,000 UK businesses in the construction sector. Many businesses covered by the Construction Industry Scheme (CIS) now have to ensure they know about the new domestic […]
Healthy spending habits for the New Year
Let’s kick off 2021 with healthy spending habits. Here are our top 5 tips to start the new year how we mean to go on; financially free and positive. Improve your credit card education We did a blog on making sure your children are educated on credit card spending (click here to read it if […]
Do your children know the truth about credit cards?
The Economic Inquiry found that the average person had approximately £3000 more credit card debt than their parents, and more than £7000 when compared with grandparents; no matter what age. But why? Unfortunately, the answer seems to lie in a lack of education. With an increase in encouragement for young people to take out loans […]
Why is goal setting important to small business owners?
As a small business owner, it’s easy to lose sight of what you’re trying to achieve when you’re spinning multiple plates. Yet taking the time to sit down and set goals is one of the most powerful actions you can take in your business (as well as in your personal life) to see growth and […]
How to organise your business finances – our top 10 tips!
Getting your finances in order can seem like a daunting task, but creating an organised system and seamless process for your business finances can help you foresee any financial challenges and allow you to invest more in growing your business. Here are our top 10 tips to help you organise your business finances and […]
What is bookkeeping and how important is it?
What is bookkeeping? Bookkeeping means maintaining a record of your business income and expenses in order to balance the books every month and keep your business organised. Keeping on top of the books is crucial to the success of any business. Bookkeeping can often get confused with accounting, which is the overall financial reporting of […]