Creating A Statement Of Financial Position: Our Guide

Creating A Statement Of Financial Position: Our Guide

The statement of financial position is one of the main aspects of a company’s financial statements. Others include the statement of cash flow, income statement, statement of changes in equity, and the notes to financial statements. Check out our guide below for...
Do I Need To Register For VAT?

Do I Need To Register For VAT?

Value-added tax, abbreviated to VAT, is an essential consideration for every company. It’s an indirect tax that can be added to goods and services at each stage in production. VAT is also considered a consumption tax because the consumer bears the entire tax amount at...
Cash Flow Problems: How To Spot Them And Avoid Them

Cash Flow Problems: How To Spot Them And Avoid Them

For your organisation to flourish and stay healthy, you’ll need to keep an eye on your cash flow. So, it’s important to know: What a cash flow is How a cash flow is generated How cash flow problems occur What is cash flow? A cash flow is the total amount of cash or...
Allowable Expenses For A Limited Company

Allowable Expenses For A Limited Company

From phone bills to software to travel, every company has operating costs to manage.  Limited business owners can claim tax relief on these overheads through business expenses. This allows your organisation to be more tax efficient, cutting down your Corporation Tax...
What Are P11D Forms? Our Guide

What Are P11D Forms? Our Guide

Completing P11D forms is an important part of bookkeeping for businesses and freelancers alike. At Accountants East London, we regularly support our clients through the P11D process, and have compiled the following guide to provide an overview of P11D forms. What is a...