by admin | Feb 8, 2024 | General News
Gift Aid is a valuable tool that allows individuals to make their charitable contributions go even further. By declaring Gift Aid on donations, you not only support the causes you care about but also unlock significant tax benefits. In this blog post, we’ll...
by admin | Feb 19, 2021 | General News
This blog piece is an introduction to Rachael (me), the person behind the name of Independent Bookkeeping, how Independent Bookkeeping came about and why I became a bookkeeper. History I left school with no grades or qualifications and bounced around the hotel...
by admin | Jan 18, 2021 | General News
Over the last few weeks we have been looking at dividends and how they work! Here is a brief explanation of what they are, how they are processed and how your taxed on them. What are dividends in relation to my company? Dividends are payments to directors and/or...
by admin | Jul 23, 2020 | General News
Did you know that the most popular way of running a business in the UK is to be Self Employed? However, here are some of the advantages of running your business as a Limited Company rather than as a Sole Trader. TAX • One of the biggest advantages for many is...
by admin | Jul 23, 2020 | General News
The Profit and Loss report for your business simply calculates the difference between your businesses Income and Outgoing transactions and shows whether it is running at a profit or loss for a specified time frame. Unlike the Balance Sheet which provides you with a...
by admin | Jul 21, 2020 | General News
A Cash Flow Statement/Report shows you how much cash is generated and used during a specific time frame within your business. It shows how cash is used in three main areas, Operating Activities, Investing Activities and Financing Activities, showing the total cash...
