Company Formation – Company registration & office address
Any company that’s active in the UK has to be formally registered with the authorities (Companies House and HMRC). As with so many things, it’s important to do company formation or registering a limited company correctly. So, if you are in any way unsure as to what the registration process for a start-up business involves,…
Tax & Cost rise – Time to adjust your business plans?
Tax rise, inflation, minimum wage rise – what small businesses need to consider to adjust their next three years’ business plans. Small business owners in the UK could be forgiven for thinking they are facing something of an impending ‘triple whammy’, especially after hearing the recent Budget speech. Here we look at three of the main areas…
General Tax Saving Tips
General Tax Saving Tips Find out how you can reduce your tax liability by taking few simple actions. For example: If you are investing try to invest in a SEIS or EIS approved company and reduce 30% or 50% of your tax Contribute a little extra to your pension fund and save going over the…
Why as an accountant I prefer ClearBooks over Xero, Quickbooks and FreeAgent.
We, at 2 E Accountants, provide accounting and bookkeeping services on a range of different accounting systems including Clearbooks, Xero, FreeAgent, Quickbooks, Kashflow, Wave and even spreadsheets. All these online accounting systems have good features and are mostly suited for the job, but they have some drawbacks too. While we work a lot with Xero…
How To hire Bookkeepers in London
How to hire bookkeepers in London? Not all bookkeepers are equal. In the same way that not all businesses are the same. When hiring a bookkeeper/accountant to help your business it’s not about trying to find the most qualified & experienced accountant but rather someone who would be a good match with your business….
How best to manage your Payments to HMRC?
One problem small business owners frequently face is keeping up with the tax payments to HMRC. Unlike other suppliers where usually a small delay doesn’t cost you much or any thing in most cases, HMRC late payments can cost you penalties and interests and a lot of stress! Here’s some quick tips to manage your…
What is the difference between Self-employed and a small business owner?
As always, words can mean different in a different context or depending on who is using the term. No doubt every self-employed is running a small business but when do you say that you are not self-employed? When is that you are running a business or just own a business run by someone else? Tax…
VAT – Flate-rate scheme changes Apr 2017
At Autumn Statement on 23 November 2016, the Chancellor of the Exchequer announced the introduction of a new 16.5% VAT flat rate for businesses with limited costs. This will take effect from 1 April 2017. VAT – Flate-rate scheme changes The VAT Flat Rate Scheme (FRS) is a simplified accounting scheme for small businesses. Instead…
7 ethical tips for small businesses to become more successful (Efficient and Effective)
People who own small businesses often find themselves so busy keeping the business running and trying their best to expand at the same time that they can easily lose sight of their priorities and end up getting further away from their goals. Following certain ethics can make your job much easier in making decisions that…
The Accountant (2016 film)
The other day I came across a trailer for the new Ben Affleck film ‘The Accountant’, and I thought finally a mainstream film about an Accountant! I did a short blog about the lack of Hollywood films about us ‘interesting’ accountants back in Nov 2011 blog Here I also suggested some names for a film about accountants…