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Bookkeeping and Accounting Services In Shropshire

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why is bookkeeping so important

Why Is Bookkeeping Important?

Bookkeeping dates back thousands of years, the oldest records of bookkeeping have been found in archaeological digs and National Geographic reported on a 5000-year-old stone tablet showing a record of how much barley was used over 37 months – books! So why is bookkeeping so important? Bookkeeping is the foundation upon which the rest of your accounting practices are built. Everything from payroll to tax […]

Reasons to hire a bookkeeper

10 Reasons to hire a Bookkeeper

Consider a scenario where your business is on its way from idea to actual business. There are many, many things to think about and consider so here are 10 reasons to hire a bookkeeper. And one of them may just include that all-important decision of when to bring in outside experts to assist you with some of the operational functions that go into running a […]

Self-employed universal credit

Universal Credit and self-employment

The government has published a report, called ‘Universal Credit: supporting self-employment’ which considers the issues faced by self-employed claimants. Universal Credit is a monthly payment to help with your living costs. You may be able to get it if you’re on a low income or out of work – but self-employed people may also be eligible from time to time. The report considers the impact […]


Do I need a bookkeeper or an accountant?

Fledgling small-business owners are often told that they should hire a professional to help with the accounting side of their companies, but do you need a bookkeeper or an accountant? Because both bookkeepers and accountants offer services, understanding which one you need can be puzzling. So what are the main differences between bookkeepers and accountants? The term “bookkeeper” is pretty literal: A bookkeeper is trained […]

VAT or value added tax on black block

Proposed changes to VAT and CIS for the construction industry

From October 2019, proposed changes to VAT and the CIS are cbeing planned within the construction industry. The Construction Industry covers a vast and wide-ranging sector of business in the UK and often includes a supply chain of providers, contractors and sub-contractors What is the government proposing? In the Spring of 2017 the government announced that it would be consulting on proposed changes to way […]

P11D deadline approaching

P11D deadline July 6

The P11D deadline July 6 is approaching! The forms P11D which report details of benefits and some expenses provided to employees and directors for the year ended 5 April 2018, are due for submission to HMRC by 6 July 2018. The process of gathering the necessary information can take some time, so it is important that this process is not left to the last minute. […]