Using the Speed-e-books product range is more than just using a bookkeeping software program to record the entries of your business. We also want to help you to save money and make money where we can. To do this we provide Speed-e-tips to make sure you are not only just running your business but that you are also regularly questioning its efficiency and money saving and earning potential.
In today’s world it is very common for homes to be used as part-time offices or as other business space. HMRC do permit a proportion of household running costs as an allowable charge to business profits so ensure that you are claiming all that you can.
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Many businesses could be losing out by not registering for VAT under the Flat Rate VAT scheme. The scheme allows businesses to collect standard rate VAT and pay over an often significantly smaller %. Some businesses could be losing as much as £3k to £4k each year.
This is very easy along as you remember that the form is wrong, and you ignore the instructions (As long as you are not trading with the rest of the EU).
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the development of your business.