Awesome bookkeeping guides by Arnold Ayton at Spondoo.co.uk? When starting a new company,?please also familiarise yourself with the rules governing addresses. For example, it must be a registered working physical address, where all communications from Companies House can be sent.?However, if you do not want your address to be publicly available, you can use an agent who will provide you with an alias address to use.?You may also?ask the person who handles your corporation tax, to be the recipient.? Finally, Standard industrial classification of economic?activities (SIC) codes give Companies House a description of your company’s type of business.??Congrats, you’ve set up a limited company! The key to having success with it?is?having trusted Accountants who can manage your finances,?remind you of important tax?dates ?and?ensure you are always tax compliant.

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). I understand Arnie is a very busy accountant and has a lot on his plate. As a result, he can sometimes take a little bit of time to respond during busy periods. However, he has always been prompt with urgent matters and we have not overrun any deadlines whilst we have had him as an accountant. For the non-important requests we make, perhaps an automated/stock reply saying that he’s seen our message and is getting around to the topic would be appreciated rather than feeling obliged to answer with a fully formed response.

Arnold Ayton accounting recommendations 2021: Can you claim food as a business expense? HMRC allows businesses to claim meals as an expense for employees not in their typical working routine. The most common example of this, would be if the company’s employees were away on an overnight business trip. If a business is claiming the cost of travel as an expense, such as a hotel, the company will be allowed to claim the meals during that trip too. Food is an allowable expense on these trips because it is classified as ‘subsistence’, which essentially means employees need the food as basic self-maintenance and care during their work obligation.

If your business has multiple cost centres, subsidiaries or even accounting systems, we can help.? Our team of management accounts and data experts will help you organise the information, using automating areas/calculations where possible. ?Get a consolidated report, giving you a complete picture of the financial health of your business.

Spondoo 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. Life is easier when you know what you have to pay in advance, which is why we operate on a completely transparent, fixed-fee basis. Build a package that fits both your needs and your budget, and say goodbye to nasty surprises and unexpected charges when it comes to pay.