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When you start out in business it is difficult to know whether to be a sole trader (self-employed) or a limited company.  And many will wonder what the difference is and whether there are advantages of one over the other. A few years ago it was said that it was more tax efficient to be a limited company but these days there really isn't much difference in tax savings between the two. So how do you decide?…
Whether you are a new business or an established business it is always worth putting some thought into when is the right time to become VAT registered. New business owners often think that they have to become VAT registered…
Being in business is about selling a service or a product in order to make a profit. On paper it can look as though you are making a profit however your bank account could tell a very different story.…
I have just reached a milestone of 15 years in business.  It has been challenging, rewarding and enlightening.  I have had to learn to do things it never occurred to me I would have to do when I started out.  I have had opportunities and experiences that I would never would have had. …
It doesn't seem that long ago that we were talking to employers about setting up an auto enrolment pension scheme and the eligibility of their staff to join the scheme.  We held a seminar for our payroll clients to talk them through what was involved in setting up and managing the scheme and to let them know how we could help them.…
As a bookkeeper I have contact with lots of business owners who are in one or more of the following situations and need help.  It is always difficult to ask for help when you don't know exactly what you need help with but just know you can't continue as you are. …
All growing businesses will become VAT registered. It is not daunting. You just need to become organised with your record keeping and remember your VAT return deadlines. So what should you know about becoming VAT registered? …
We have been trialling and evaluating software which will integrate with Xero to provide our clients with the key figures they need to know to support them with the development and growth of their business.  The software we have looked at has varied in what it can produce and how it looks.…
Your employee has handed in their notice.  Apart from planning if and how you are going to replace them you will need to calculate how much pay they are due.…
Bookkeeping is an unknown quantity for many people.  Does anyone really understand what it entails and what a bookkeeper does?  Bookkeeper is a title which can cover everything finance related or can be as simple as data entry.  The word "bookkeeper" doesn't really do justice to our role in a business…
256 articles 
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Unit 21 Portway Business Centre
Old Sarum, Salisbury
Salisbury
Wiltshire
SP4 6QX

e: info@sandrasilk.co.uk
t: 01722 341820