Bookkeeping Blog

What is a Sole Trader

What is a sole trader? A sole trader definition is a person that sets up business on their own and do not work for another business. In the UK this is one of the most popular small business formations. A sole trader will also be self-employed and will need to register with HMRC. They can Read More

The Importance of Bookkeeping

Are you wondering what the importance of bookkeeping is? You may be an expert at running your business, getting new sales and dealing with suppliers. Some small businesses do not see the importance of bookkeeping and leave it all to the last minute. It is important to keep your bookkeeping up to date. There may Read More

Bookkeeping Tasks

There are many bookkeeping tasks to complete as either a bookkeeper or small business owner. Complete bookkeeping duties on either a daily, monthly, quarterly or annual basis depending on what they are. Getting into the routine of completing bookkeeping on a regular basis can save the time and heartache of having to rush it when Read More

Bookkeeping Templates for Self Employed

Are you looking for bookkeeping templates for self employed? Business Accounting Basics have several Excel Spreadsheets that can help to improve your bookkeeping procedures. All templates are free to download and easy to use. As a small business owner, it is easy to put your accounts to one side and concentrate on the sales and Read More

Making Tax Digital VAT

The first phase of making tax digital VAT will come into force from April 2019. HMRC had delayed the date, but they are now working closely with software companies to achieve the new deadline. Table of Contents Making Tax Digital what does it mean for me?What costs are involved?Can I complete MTD VAT Myself?Making Tax Read More