New COVID-19 Support for Small Businesses
An awful lot has happened since Boris announced the latest lockdown for England last weekend. Even though we are only one day into the new lockdown the government has been quick to announce support for businesses impacted by COVID-19. The full guidance hasn’t...
The three main filing requirements for limited companies
There are lots of benefits of owning a limited company over being a sole trader, from potential tax savings to protection of your personal assets. In order to take advantage of these benefits, there are certain statutory duties you must adhere to every year. It’s...
Why is bookkeeping important and do I need to do it myself?
Keeping on top of your bookkeeping can be a time consuming and stressful activity when you’re doing it yourself and running your business too. To break down the job title – ‘Bookkeeping’ is the practise of recording and tracking the financial transactions of a...
How do I know if my business is performing well financially?
In order to make the kind of decisions that will enable you to grow month on month, year on year – you need to know how well your business is performing. It’s awfully hard to make a sound decision when you don’t have anything to base it on, isn’t it? That’s why...
How much can you take as dividends
One of the questions we get asked most often is how much you can take as dividends. Taking money out of your limited company without double checking what you are doing is also one of the easiest ways to get yourself into a financial mess. Most of us were employees on...Follow Starfish Accounting
