Member Since: 19th Feb 2016
12th Jul 2019
Its not a bad return, if say these small Returns take 2/3 hours each, then that is only 15 weeks work for a £40k salary. Feet up and enjoy the 37 weeks of holiday
But life is never as simple as that :)
12th Jul 2019
I agree that SEO can take time and that 6 months is probably just the start point of when you start to see actual results.
If you are wanting to look at doing SEO yourself, check out HIKESEO. This is a tool that lets you track / see what is the best SEO strategy for your site and what you need to do.
I use this to simply keep a tab on what our marketing company are saying / doing as I don't have the time myself.
Well worth the money (£25pm)
10th Apr 2019
Where are you based?
19th Mar 2019
If you are an employee of a firm within industry, and prepare accounts and tax, it is not you who is responsible for this but the company itself.
Once you are self employed and offer the service of preparing accounts / CT then you become responsible as providing practising services to the public, i.e. the client you speak of, and require a practising certificate to do so.
Check out this link, which defines what public practice is, and clearly states when a practising certificate is required:
19th Mar 2019
The first thing you need to establish is whether you are an employee! Are you using their equipment, entitled to holiday / sick pay etc.? If so then PI would be irrelevant as technically you are employed and the pay should be structured as such (i.e. through their payroll).
If not then I would suggest you get PI in place.
Also you mentioned that you would be doing CT, accounts etc. however without a practising certificate from ACCA you would not be able to provide these services (Bookkeeping to TB level only), so I would double check that too before accepting, as could be in breach of practising rules and end up losing you membership.
4th Mar 2019
I too am a small practice (Sole practitioner) and use Croner, who offer a whole practice cover at a reasonable price. I build this into the fee quoted to clients which works out about £30 per year each.
The main reason for me choosing Croner was because of the support lines. It is very quick to get through to some one and the advice and support is excellent, which is perfect should you ever want to double check your understanding of a position before advising the client.
13th Feb 2019
Thank you all, sorted now.
I hang my head in shame at the simplicity of the task and my inability to grasp it :(
20th Mar 2018
I prepared some business forecasts which was the original task I was asked to do.
Then very quickly afterwards I was being asked questions about the management accounts and ended up helping prepare these, including accounting for an acquisition of a company in the period, bank reconciliations and month end journals. The month end was fast approaching, with the finance team depleted following some leavers, which is how the additional work from the FD came about.
8th Nov 2017
The future rental commitment (i.e. total amount payable under current agreement) would need disclosing within the note.
The HP would not need disclosing providing this is already included within the balance sheet / SOFP.
20th Oct 2017
That's a good idea in relation to the UTR, as I can get them to bring any letter they have received from HMRC. Currently had to wait for this from previous accountant within professional clearance documentation.