The woman behind Chimes Accountancy

Coronavirus has been a strange and stressful time for all of us, but one thing that it has done is bring us altogether. From the amazing work by NHS staff to taking part in the Thursday clap for carers with neighbours we barely ever see, it’s shown once again that

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Why you should use online accounting software

Over the last 6 years there has been a technological revolution in online accounting software. As an accountant, we need access to your bookkeeping information so that we can prepare limited company accounts or personal tax returns. Before online accounting software we would have to wait for a backup of

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What you need to know about self-assessment

Christmas is over for another year which means only one thing – the self-assessment deadline is upon us! Yes, if you haven’t already filed your self-assessment tax return for the year 2017/2018, then you only have until 31st January to both file it and pay what you owe. But don’t

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Tax planning before it’s too late

The tax return silly season has just finished and for some of us it was hell; however, it’s not too late to start tax planning for the end of the tax year which is still a month and a half away. There are certain things that anyone can do to

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Should I be VAT registered?

I am often asked what the advantages and disadvantages are of voluntarily registering for VAT. Whether you are a sole trader, partnership or limited company, you can voluntarily register for VAT as long as you make relevant taxable sales and have an income which is less than the VAT threshold

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Limited Company expenses – what can you claim?

Do you run a limited company? Have you ever wondered if you are claiming all the relevant expenses for your business without incurring any taxable benefits for yourself as director and/or your staff? Here are some of the lesser known limited company expenses that you could be claiming: Christmas parties

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Thinking of changing accountant?

Whether you’re a sole trader or are running a limited company, you should be asking yourself the following questions about your accountant on a regular basis: Are you happy with them? Do you feel like you are getting value for money? Do you feel you are always getting unexpected bills?

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Choosing the right business structure

When you decide to set up a business, one of your first decisions should be selecting a business structure that is right for you. Getting it right from the outset is a lot easier than changing your mind 6 months down the line. Getting it right from the outset is

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5 top tips for organising your paperwork

Fed up with looking at this every month?   Want to be more like this?   Here are our 5 top tips to help you get super-organised. 1. Each week set aside a couple of hours for paperwork – this could be for raising sales invoices, filing receipts or sending

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Chimes Accountancy Services

Please get in touch to discuss your accountancy needs 01494 439013