You will be required to put in your Accounts Home Office Reference Number when you intend to make PAYE payments to the HMRC. When you register yourself as an employer, HMRC will issue you a letter, confirming above and granting…
For a self employed or a partnership, there are two options available on how to calculate profits; Cash Accounting or Traditional Accounting (Accrual based). Cash Accounting will record the transaction as and when cash is paid or received. In contrast,…
We are pleased to announce our ask an accountant for free service. Certax Fitzrovia Ltd is part of one of the most reliable accountancy chains in UK. Our team comprises of experienced accounting professionals who deliver quality accounting solutions and…
Corporation tax is always charged using its own system of accounting periods. The tax accounting period starts as soon as the previous tax accounting period has just ended and when the company starts trading or acquires a source of income….
Depending on the qualifications or experience you have and what part of accounting you actually do, it differs. There is not a fixed amount. The company you work for will decide how much you will be paid. Some people spend…
Accounting is all of the recording of financial transactions, summarizing, storing and sorting the presented information to analyse and make reports to access how your business is going but these reports should not be distributed outside of the company. Accounting…
Ever wondered what the 3 golden rules of accounting were? Well here are three rules of accounting and what they do: Personal Account – Debit the receiver and credit the giver Real Account – Debit what comes in and Credit…
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