Introduction:As a small business owner in London, your time is best spent growing your business not buried in payroll paperwork or chasing HMRC deadlines. At Carter Bookkeeping Services, we work with SMEs across London, St Albans, and Luton who are r ...
Introduction:With the continued growth of online retail in the UK, e-commerce sellers in St Albans, Luton, and London must stay on top of their tax obligations especially regarding VAT for e-commerce. The rules for e-commerce VAT UK businesses have e ...
Introduction:Running a small or medium-sized business (SME) in the UK has never been more challenging. With the introduction of new tax laws in 2025, compliance is essential — not only to avoid penalties but to ensure long-term growth and financial s ...
Introduction:Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) is a transformative initiative by HMRC aimed at modernising the UK's tax system. As a professional bookkeeper, I specialise in helping businesses navigate these changes seaml ...
What are disbursements? Disbursements are payments you make on behalf of your customers for goods or services received and used by them. They are central to understanding VAT on disbursements and ensuring accurate accounting For example, in building ...
Keeping Organised and In Control Following on from my blog 'Bookkeeping 101' I want to extend the tips to help business owners better manage their finances: Set aside a regular day to process your bookkeeping - just like brushing your teeth, it b ...
The UK tax band system can be quite a puzzle, especially for newcomers in the business world. For sole traders, wrapping your head around UK sole trader tax band is crucial. It directly impacts your earnings and, ultimately, your financial well-bein ...
The world of business is filled with opportunities and challenges. As a sole trader, you stand at the heart of every decision, guiding your enterprise towards success. While many focus on the strategic and operational aspects, understanding the tax ...
When the time rolls around for your self-assessment, the dilemma often faced is discerning exactly which expenses can and cannot be claimed. While the basics like office rent, salaries, and utility bills might be straightforward, there exists a rea ...
Being a sole trader is a rewarding but challenging venture. You are the captain of your ship, steering your business in the direction you want it to go. However, the financial waters can often be murky and hard to navigate. Building financial confid ...
It can be daunting starting a new business, especially when you have no-one else to bounce ideas around with. There will many questions you will have depending on the industry you choose to supply in. Here are some tips (with useful links in the tex ...
Many new business owners tend to take on all roles of the business in order to have more control and to save on money until such time they can afford to hire a professional. Marketing, advertisement, website design and bookkeeping are some of the a ...
