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You are here: Home / Blog / Archives for Bookkeeping

5 Tips for Better Bookkeeping.

15th March 2022

Running your own business, whether you are a sole trader or a Limited company, is no easy task. Maintaining correct and accurate financial records might seem daunting. It is however an essential part of running the business. HMRC can look at company ... [Continue Reading]

Making Tax Digital for VAT

10th March 2022

MTD Extension From April 22 Making Tax Digital (MTD) will be extended to VAT registered businesses with a taxable turnover below £85,000. This follows MTD being introduced in 2019 for larger businesses. If you are in the standard quarterly VAT ... [Continue Reading]

Services or Solutions?

17th November 2021

Central Business Services has been our name for nearly 30 years but we are often called “Central Business Solutions”. Why? Possibly because we provide services which help businesses find solutions. Our aim is to help your business thrive and ... [Continue Reading]

Preparing Your Business For Sale

14th October 2021

You may want to eventually sell your business and may even see it as your “pension”. After all, you have probably invested a great deal of time and money into making it a success. You want to achieve the best price possible. The sooner you start ... [Continue Reading]

Tax Relief

9th September 2021

Sole Trader - Reducing your tax As a Sole Trader, you want to ensure that you are claiming as much as possible to keep your tax bill down. After all, your profits result from your hard work and perseverance. When you work for yourself, the last ... [Continue Reading]

Super-Deduction

26th May 2021

Reduce your corporation tax bill if you buy assets - Super-Deduction   The government wants to encourage companies to invest in assets to help them expand and improve productivity. In order to do this, they are allowing a 130% ... [Continue Reading]

Pricing for Profit or Fail

8th May 2021

More businesses fail because they don’t charge enough, then go under because they are too expensive. Pricing for profit is essential. If you don’t properly cover your overheads and give yourself a reasonable margin, you will continue to struggle – ... [Continue Reading]

Domestic Reverse Charge

16th February 2021

Domestic Reverse Charge - What's that? Any CIS (Construction Industry Scheme) Contractor or Subcontractor who is also VAT registered should read our more comprehensive page covering Domestic Reverse Charge. The regulations governing this start ... [Continue Reading]

ReceiptBank

23rd January 2021

Save time and money with ReceiptBank One of the major time savers for businesses has been the ability to extract information from invoices and receipts, automatically feed the data into software - and save a copy of the document. We recommend ... [Continue Reading]

Import_export

13th January 2021

International

Goods to and from abroad HMRC has produced some short videos about sending goods overseas and receiving goods from overseas. This is only a quick summary so, if you need to discuss these further, feel free to contact us. Sending goods ... [Continue Reading]

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