Resources

We like to share, so we have listed some links to webpages which you might find useful. They explain specific areas of accounting in really basic terms. We can explain these things to you in person or you can just leave it all to us.

2.5 minute video from HMRC about the different business structures – partnerships, sole traders or limited company.
3.5 minute video from HMRC about your taxes when you become a limited company, aka Corporation Tax.

2 minute HMRC video explaining the importance of good record keeping for VAT purposes.

National Minimum Wage v Living Wage. What is the difference? Read HMRC’s guide to help you understand

2.5 minute HMRC video explaining what records you need to keep for your self assessment (Tax Return).