How to successfully switch your bookkeeping system
Migrating years of existing data from your current bookkeeping software is a daunting task. While it might be tempting to continue with old and outdated software solutions, there is a variety of reasons for upgrading. With the government’s recent introduction of Making Tax Digital (MTD) and continued threats from cybercrime, having a suitable software system […]
Season's Greetings from everyone at AMR Bookkeeping
After a rather unexpected year, it’s quite difficult to sum up exactly how much of an impact the pandemic has had on all our daily lives. However, throughout the last 12 months we have watched in admiration as our clients have rapidly adapted to the circumstances around them and continued to run their businesses with […]
A focus on what to do when an employee chooses to opt out of auto-enrolment
Auto-enrolment changed the way employees can save for retirement, and with the state pension age rising to 66 for both men and women, being part of a workplace pension scheme is perhaps more important than ever. However, there are some who will wish to opt out, and when this happens, employers have certain responsibilities. Here […]
Get answers to FAQs about the extension to furlough and self-employed income support schemes
So far 2020 has been a year of continual change. Just as we seem to get our heads around one support programme, it changes, and with the government’s Job Retention Scheme and Self-Employment Income Support Scheme having been extended until 31 March 2021, you may have even more questions. Here we answer some of your […]
COVID-19 Updates
Please find below all updates and current news regarding the changing circumstances surrouding the COVID-19 outbreak. 25/01/2021 Have you deferred VAT? If you deferred VAT between 20 March and 30 June 2020 and still have payments to make, you can: pay the deferred VAT in full on or before 31 March 2021 opt in to the […]
Common bookkeeping terms and what they mean
At AMR Bookkeeping Solutions we are always looking for ways to help make things easier for our clients. Whether it’s providing advice about payroll, assisting you with auto enrolment or managing your VAT returns, we understand that sometimes the terminology associated with bookkeeping can be somewhat confusing. Here, we’ve put together a list of the […]
The importance of accurate bookkeeping for audits and investigations
As a business owner there’s always the possibility that things might not go according to plan. While no one can predict the future, you can make preparations to ensure that when the unexpected happens you are in the best position possible to mitigate any potential fallout. Bookkeeping is essential to ensuring you have a clear […]
Budgeting for business – how to ensure every penny counts
It’s easy to get bogged down in the nitty gritty of the day to day running of a business, but to truly make your business a success you should ensure you are working to a clearly defined budget. If you’re hoping to invest in your business with a new idea, such as a new website […]
Can I claim back expenses while working from home?
With thousands of office workers forced to work from home during lockdown, setting up a desk from the kitchen table has now become an attractive option for companies looking to reduce overheads and slash rents. According to the Office for National Statistics, almost half of British workers were working away from their office or factory […]
Subcontractor in the construction industry? How AMR can help you claim Construction Industry Scheme (CIS) refunds
If you work in the construction industry, either as a contractor or subcontractor, then you should be aware of Construction Industry Scheme deductions. Launched to prevent tax evasion in the construction industry, any contractor which employs subcontractors is required to deduct money from subcontractors’ payments and pass it to HMRC. These deductions are then used […]
