July 19

Should you be trading as a Sole Trade or Limited Company?

Should you be trading as a Sole Trade or Limited Company?

Are you thinking of setting up your own business? Confused about where to start? At Atkinson Accounts we believe the best place to start is the business type. Is a sole trade of a limited company the answer for you? This doesn’t just apply to start ups! Regardless of what stage of its life cycle.

July 16

My accounts are filed, do I really need to keep my records?

My accounts are filed, do I really need to keep my records?

In short, yes! Why? HMRC are able to carry out their investigation’s years after your submissions. If they are to investigate the amount owed, they will need your records! You can receive a fine for failure to comply with keeping your records for the required amount of time, so it is important you get this.