VAT Domestic Reverse Charge for Construction Services

VAT Domestic Reverse Charge for Construction Services Heard about the VAT domestic reverse charge (DRC) and wondering what all the fuss is about?  Don’t worry, it sounds more complicated than it really is.  Basically, it’s a rule change in how VAT is handled in certain industries, like construction.  It’s mainly there to stop tax fraud, […]

How to choose the best bookkeeping software for your business

A picture of a man with a large looking glass focusing on a laptop. It is a graphic meant to show someone using bookkeeping software

If every business owner was honest, bookkeeping isn’t the most exciting part of running a business and generally is at the bottom of the “to do” list however, it is arguably one of the most important.  With the right bookkeeping software, managing your books doesn’t have to be a headache.   There are a lot […]

Reducing business debt – how good bookkeeping can help

A small pile of £10 notes padlocked together

For any business owner, the tracking and management of business debt is one of the top priorities. There will always be debts to manage in a business, whether it’s regular payments to important suppliers, rent, utility bills, a bank loan to fund the expansion of premises, or a tax bill from HMRC – which could […]