Pros And Cons Of Flat Rate VAT
The Flat Rate VAT Scheme was introduced in 2002 in order to encourage small businesses to register for VAT. Many small businesses try to keep under the VAT threshold (currently £73,000) for various...
View ArticleTop Tax Tips
Below are a few quick top tax tips for your business from our tax consultant: Most Appropriate Structure: Sole Trader, Partnership Or Ltd Company Companies generally have tax advantages once they are...
View ArticleShould You Outsource Your Bookkeeping?
Bookkeeping In The First Year We often encourage new business owners to attempt their bookkeeping themselves in their first year. There are various reasons for this: Encourages business owners to...
View ArticleTop Bookkeeping Tips
Required High Standard Of Bookkeeping If you have decided to look after your bookkeeping yourself, it is essential that you prepare it to a high standard for the following reasons: Ensures you are...
View ArticleContracting And IR35
You may vaguely be aware of IR35, never heard of it or already know all the intricacies of it. In essence it is a mechanism for HMRC to address potential pseudo-employee situations which deprive HMRC...
View ArticleCase Study: Florist
Supporting A Local Florist To Purchase Her First Shop And Turn It In To A Successful, Profitable Business Background In 2008, 22 year-old Helen Harris purchased Croppers In Bloom, a floristry business...
View ArticleWhy Should I Go Networking?
Following our second quarterly networking event, I thought I would try to answer this question, "why should I go networking”. Many small business owners have never attended a networking event and feel...
View ArticleCase Study: Estate Agents
Helping A Start Up Business Grow In A Difficult Market Background Opened in 2009 Arins Estate Agents is a professional team of estate agents based in Reading. The brain child of partners Richard...
View ArticleWhat Are Abbreviated Accounts
If you run a limited company you will be required to submit various reports to Companies House and HMRC. Main Reports Required The following is a brief overview of the main reports required and what...
View ArticleExtracting Money Tax Efficiently
If you are an owner director of a company there are various ways that you can extract money from your company. Sensible planning of how you are going to take out money and a little tax planning is...
View ArticleSage vs QuickBooks
The two most popular accounting software packages for small businesses are Sage and QuickBooks. Although there are many other packages on the market that are competing for market share (including...
View ArticleSmall Business Taxes
When starting a new business you may feel overwhelmed by the amount of different taxes that you need to be aware of, report on and pay. The following is a brief introduction to the main taxes that you...
View ArticleCase Study: Electrical Company
From Sole Trader To Ltd Company With The Support Of Goringe Accountants Background Started just 6 years ago by Adam Lotery AHL Electrical Ltd, based in Reading Berkshire, has grown from being a sole...
View ArticleAccountancy Practice Excellence Awards
We are delighted to announce that Goringe Accountants are through to the second round in the 2012 AccountingWeb Practice Excellence Awards. This is the first year that we have entered ourselves for any...
View ArticleRental Income Taxes
Rental Property Investment Many people have rental properties whether it is an investment choice, they have moved and couldn’t sell their original property and decide to rent rather than reduce their...
View ArticleBritish Accountancy Awards 2012 Finalists
We are very proud to announce that Goringe Accountants has been selected as a finalist for the British Accountancy Awards 2012. With hundreds of entries this year, the competition was tougher than...
View ArticleAccounting Newsletter & Tax Tips – October 2012
Welcome to October's Tax Tips & News, our newsletter giving you up to date tax tips and our latest news. We are delighted to announce that we are Finalists in the 2012 British Accountancy Awards,...
View ArticleLeveraged ETFs – Getting Some Leverage
Back in August I wrote about some of the pros and cons of using Exchange Traded funds (ETFs) and investment trusts as an alternative to conventional mutual funds. One area of ETF investing that is...
View ArticleAccounting Newsletter & Tax Tips – November 2012
Welcome to November's Tax Tips & News. We have already filed many personal tax returns for 2012, however, if yours is still outstanding please contact us asap, as there are many benefits of filing...
View ArticleWhat Is Real Time Information (RTI)
HMRC is introducing a new way of reporting PAYE (Pay As You Earn) - called Real Time Information, or RTI. From April 2013 employers and pension providers will report their payroll information to HM...
View ArticleCase Study: IT Company
Building A Business In The Cloud Background SIRE Technology is an IT company providing 'cloud based' servers, which are bespoke and built to suit the needs of each client. They are a team of 10 people,...
View ArticleAccounting Newsletter & Tax Tips – February 2013
Welcome to February's Tax Tips & News, our accounting newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman. We are jointly hosting an Employment Law and...
View ArticleCase Study: Portable Banners and Signage Company
Pragmatic Business Reviews Help Company Stay On Track Background Since the company’s inception, they’ve expanded to a team of 7 with an annual turnover in excess of £1m, working with global corporates,...
View ArticleAccounting Newsletter & Tax Tips – May 2013
Welcome to our May newsletter. The year is going by very fast, and we have already started filing 2013 personal tax returns. If you would like to be super organised and get yours filed in plenty of...
View ArticleCase Study: Online Retailer
From Kitchen Table to Warehouse: recession start-up success story Background The Little Adventure Shop online store — which only stocks brands that Rebecca likes, uses and trusts - is now recognised as...
View ArticleTravel Expenses – what can I claim for?
Travel Expenses Clients often get confused as to which work travel expenses may be allowable or not. The following article is going to highlight the common items that I often have to clarify with...
View ArticleAccounting Newsletter & Tax Tips – June 2013
Welcome to June's Tax Tips & News, our newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman. We will be moving into our new office on 1st July. The office is...
View ArticleCase Study: Construction Company
Recession resilience — construction company thrives by focusing on excellence Background Kingsmen’s vision is to be known as the leading building and construction company in the Thames Valley, with a...
View ArticleGoringe Accountants Celebrates 6 Year Anniversary
Business Networking Evening At Bentley Theale-based company, Goringe Accountants, stages regular business networking events to help its clients make connections, forge alliances and win business....
View ArticleAccounting Newsletter & Tax Tips – July 2013
Welcome to July's Tax Tips & News - our accounting newsletter designed to bring you tax tips and news to keep you one step ahead of the taxman! We are moving into our new head office at Theale...
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