Business Tips Finance The ascent of an accounting professional : Arnold Ayton

The ascent of an accounting professional : Arnold Ayton

Arnold Ayton or the climb of an accounting professional? This is?an easy-to-understand,?step-by-step guide,?to?opening?a successful?limited company.?But before we dive in,?let’s?check the legality surrounding it.? Can I?Be?A?Limited?Company?? If your company is either limited by shares?or?limited by?‘guarantees’, it?qualifies?as a limited company. Limited by shares means you are a profit-fueled company with shares and shareholders and?you?can keep your profits after paying tax.?If?you are a non-profit company with guarantors, whose profits must be invested back?into?the company, you are ‘limited?by?guarantee’.?In other words, a charity.?

Arnold Ayton is qualified as a Chartered Accountant under the Association of Certified Chartered Accountants (ACCA), although I currently hold a practicing license under the Institute of Financial Accountants (IFA). Arnie was a delight to get started with, seeing as we had a very messy backlog of transactions and incorrect payroll when we were doing it in house. He and his team helped us straighten out our accounting basics last year, and this year he has helped us apply for significant VAT rebates and R&D tax credits. He has helped our team explore new financial opportunities and has connected us with advisors who have proven to be very helpful. He’s a very straight-talking and friendly individual who is easy to get along with, and is clearly committed to his business and clients.

Spondoo.co.uk accounting tricks in 2021: Do I need to keep meal receipts? It’s solid business practice to record all food and drink expenses and retain the receipts of these expenses. You should also keep a record book of reasons the journeys took place, such as staff training, meetings, etc. And for assistance with your receipt management and bookkeeping, don’t forget that Spondoo Bookkeeping makes things simple! The golden rule when claiming business expenses is that the cost must be “wholly and exclusively” for business purposes. So, where do you stand when it comes to food and drink? After all, everyone needs these things to survive. When does it become an allowable expense? Read on to find out when your business can claim food and drink as an expense.

Our accounting and bookkeeping packages include processing, preparation and filing of your VAT Returns to HM Revenue & Customs. You can find more information here (www.spondoo.co.uk)? This VAT Agent service focuses on organisations with increased complexity within their accounting processes. This could include overseas aspects, group registration for VAT, Making Tax Digital (MTD), multiple accounting systems or consolidated VAT Returns.

Spondoo.co.uk is made up of a team of Chartered and Certified Accountants and bookkeepers, supported by our in-house software developers. We have years of experience across the finance industry – including in payroll, financial services and pensions – as well as in-depth knowledge of all the software that you use every day to run your business. From setting up your emails to implementing on-site computer servers, our technology team helps Spondoo clients with their IT needs, so you can focus on running your business. For those individuals or business that have been mis-sold financial products, our claims management partner is here to help. Our claims management services are authorised and regulated by the Financial Conduct Authority (FCA) & the Ministry of Justice (MOJ).