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Staying on top of finances is vital for small companies. A good accountant can help you do this and more.

• Updated: 7 July 2023

Annual accounting and VAT - eligibility, thresholds, returns and payment deadlines and joining or leaving the scheme

• Overview

  Usually, VAT-registered businesses submit their VAT Returns and payments…

• Eligibility

  You can join the Annual Accounting Scheme if: you’re a VAT-registered…

• Join or leave the scheme

  How to join the Annual Accounting Scheme depends on whether you’re…

• Return and payment deadlines

  Check your VAT Return and payment deadlines in your HM Revenue and Customs…

Small businesses can record income and expenses when money is actually paid rather than when they've invoiced or received

• Overview

  Cash basis accounting is the standard way to record your income and…

• Who can use cash basis

  You can use cash basis if you’re a sole trader or partnership without…

• How to record income and expenses

  You must keep records of all business income and expenses. You’ll need to…

• Cash basis before 6 April 2024

  From 6 April 2024, cash basis became the default method of accounting. You…

Accounts for Companies House and Company Tax Returns for HMRC - what you must send, deadlines, filing separately or together

Forms for court-appointed deputies to report actions taken on behalf of their clients in the past year.

Find out who can use the VAT Annual Accounting Scheme, how to use it and how to apply to join the scheme.

• Updated: 22 November 2024

Prepare statutory or abridged annual accounts for Companies House, make corrections and amendments, appeal against penalties for filing after the deadline

Cash accounting and VAT - eligibility, thresholds, joining and leaving the scheme

Records and paperwork you must keep if you're self-employed as a sole trader or partner in a business: income, costs, profit, how long to keep records.

Running a limited company - including directors' responsibilities, company annual returns, reporting company changes and how to take money out of a limited company.