Some of the sites we use regularly are listed below
H M Revenue & Customs
The new combined department has a new web site. Or, to be more accurate, it has cobbled together the two old sites. It is still, whatever they say, two separate departments. And it shows in the way information is presented. The new main page is at www.hmrc.gov.uk HMRC does try very hard to provide help and information, but you probably do need to have some idea of what you’re looking for before you start. However, Revenue leaflets are generally well written, and are a good introduction to a topic. If you feel brave, the text of many of the Revenue’s own guidance manuals are also available (except for some sensitive bits). But they are not for the fainthearted. The “starting in business” section is very detailed – but shows its teeth. Register – or get penalised!
If you want VAT leaflets, HMRC is the place. But with VAT, above all else, take great care. It is not a logical tax. And the answer to nearly every “simple” VAT query is “It depends…”.
Not the most intuitive web address – but probably the best Currency exchange site around. Current and historic rates are at www.oanda.com/convert/classic
You can get brief details of Limited Companies for free. This will at least tell you if a company is behind with its accounts. The cut-down version of the accounts that “small” companies file reveal next to nothing. You can also search for disqualified directors, and there are links to sites where you can see if your killer web address is still available.
There are also, of course, the usual range of helpful leaflets: www.gov.uk/government/organisations/companies-house
Yes, it really does cost that much to run a car. Console yourself with a holiday – routes and hotels available.
A common question asked of us is “What bookkeeping system do you recommend?” We’ve had experience of virtually all of the most popular systems, and we believe Xero is the best. It’s very simple to use, a modest price and – best of all – because it uses Cloud technology, we can access the same screen as you. No need to panic if you think you’ve made an error; a quick phone call to us and we can put your mind at ease.
Rest assured, however, that whatever system you use, we can work with. If it works for you, then it works for us.
Of course, bookkeeping systems aren’t always the best option for every business. Give us a quick ring and we can assess exactly what system will suit you best. It may just be the case that spreadsheets are more appropriate, and we’d be happy to share our templates with you.
We would all like to receive full tax relief on the purchase of our new [insert make of favourite sports car here]. Sadly, that is unlikely to happen. Explaining the different allowances available would likely result in your eyes glazing over before the first paragraph was complete, but we’d be more than happy to discuss them over the phone or face-to-face. In short, it is largely dependent upon emissions (as expected, the lower the better). If you want to see your vehicle’s emissions, or you simply can’t remember when your road tax is due (we’ve all been there), use the DVLA