Bookkeeping and VAT

Why is book-keeping Important?

If you are in business then by law you must keep “proper books and business records”.

Failure to do so may result in penalties being charged by HMRC.

Aside from this legal obligation if you do not record your business transactions timeously and accurately, then:-

It will be difficult for you to monitor the financial position of the business.
You will have inadequate financial controls.
You may pay the wrong amounts of tax.
You may have to pay your Financial Accountant more money to prepare your accounts.

What some of our clients say...

I just wanted to drop you a note to personally thank you for all your support this year. As always, your professionalism and level of service is fantastic, and I genuinely could not run the business as efficiently as I do without your help. I hope you all have a fantastic Christmas and New Year, and I look forward to working with you again in 2023
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Dianne

Thank you so much for all of your help and support over the years, you and all of your team have been fantastic.
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Lisa

Al, thank you very much for taking the time to explain matters to me. Your assistance is invaluable.
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Lesley

Hi Craig, I’m happy to promote a great company to be honest, the service I’ve had so far I am more than happy with. Credit especially to Barbara-Ann and Jennifer. They have made my life very easy. Will carry on recommending you guys to anyone new to contracting and anyone looking for a change.
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John

I would have absolutely no hesitation in continuing to recommend Grants to anyone else, especially in light of the work Barbara-Anne's team do.
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David

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Bookkeeping and VAT

Why is book-keeping Important?

What some of our clients say...

Employment Rights Act