Get to know Arnold Ayton and some of his accounting research? 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.

Spondoo accounting tips 2021: How much can you claim for food expenses? HMRC do not state a specific limit on the amount you can spend on food and drink and then claim as an expense. However, they do state that all subsistence costs should be reasonable. Don’t expect the taxpayer to cover a three-course meal at the local Michelin restaurant! There is another rule to be aware of, if you eat with people not employed by the company, including clients and partners. The food and drink in these scenarios are classed as entertainment and no longer solely for subsistence. Thus, in these situations, all of the food and drink is no longer an allowable expense. You cannot divide the receipt into allowable and disqualified expenses.

Technology has made many areas of accounting more efficient, and yet most traditional accounting firms are charging the same as they always have. At Spondoo, we take advantage of the digitisation of accounting, and pass those savings on to you. Bookkeeping is the sub-section of accounting that involves processing, storing and organising the day-to-day transactions. Successful and reliable accounting goes hand in hand with quality and efficient bookkeeping, which is why it’s a core Spondoo service. Our business and bookkeeping services are some of the most robust and cost effective solutions in the UK, with the majority of Spondoo accounting packages including bookkeeping support for your business. Whether you’re an existing Spondoo client or a company currently using an alternative accounting firm, we are here to help.?

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. Information provided on the site is merely guidance that may change in line with UK law and regulations. Users must not consider this to be financial advice or their sole resource when making any financial decision. Spondoo is a trading name for Accounting SQL Limited, authorised & license accounting firm under the Institute of Financial Accountants.