What is Bookkeeping?
Right Click Bookkeeping Process So how do bookkeeping practices support businesses with their accounts? The chunkiest part is the bookkeeping: also known as the day-to-day transactions within the business. At Right Click Bookkeeping, these are the steps involved when you become our client: 1. The transaction occurs – i.e. money comes in or out of […]
Rebranding
Our rebrand and why it can be key to growth Since starting my bookkeeping company it’s very much been me at the forefront. I’ve met with clients, discussed Xero backlog, talked with my clients about their growth plans, explained the jargon and created custom reporting for their businesses. From training sessions, marketing, paperwork collection from […]
Getting ready for MTD
You may have heard of MTD, but not really taken much notice or been too busy to read up on it. Well, MTD is becoming more of a requirement as time goes on, so I thought it would be useful to explain what MTD stands for, what it means for your business, and what steps […]
Limited Company Overview
What is a Limited Company? A limited company is a business that is legally separate from the people that run it. The owners are often known as Directors. Pretty much any company can be a limited company, and they can be limited by either shares or guarantee. The legal obligations of a limited company is to […]
Sole Trader Overview
When you’re starting out, it can be hard to know which business structure to choose and to know the real difference between being a sole trader or limited company. So I thought it would be helpful to outline the main details on being a Sole Trader. What is a Sole Trader? A sole trader is […]
Where to start with Self Assessment
What is a Self Assessment? Self assessment is HMRC’s way of collecting income tax from individuals. When you have an employed position, the tax is deducted before you are paid – but if you are self-employed, you need to tell HMRC what you have earned, which is done via your Self Assessment. The tax period […]
What is CS01?
If you’re a Director of a Limited Company, you would have received a letter congratulating you and outlining your new responsibilities. A CS01 is a part of those responsibilities, so we wanted to provide some information on what CS01 really is. So what is CS01? A Confirmation Statement from the Directors of the Company. This […]
What is CT600?
If you’re an accountant, you will no doubt know financial jargon – but what about those who have just started a business? There’s lots of abbreviations and terminology to get your head around when you start your business – never mind wearing many hats and working long hours whilst you get yourself off the ground. […]