SAS Accounting

What is #bookkeeping? To lay a solid foundation, it's important to know the basic principles of #accounting and this 20-minute webinar from our friends at Xero is a must watch for any #smallbusinessowner struggling with their accounts >>> sas-accounting.co.uk/page/xe…

#TopTipTueday: Are you a #smallbusinessowner? Do you pay yourself a salary! If the answer is no, then you really should, it is easier to stay within budget, and less stressful to track. It also reinforces the that your business and personal money is entirely separate.

Some very good advice! Keep track of all of your small expenses, they very quickly add up. Monitoring them allows you to fine-tune where your money goes. #MondayMotivation

WARNING!!! Don’t use your company credit card for personal purchases 💳 !!! If your business has a credit card - don’t use it for personal expenses. Always pay off your credit card at the end of every month. This ensures that you will most likely get credit in the future.

The top ten #taxdeductions that are often overlooked... #Taxreliefs and deductions are there to help lighten your financial burden, but navigating them can be complex >>> sas-accounting.co.uk/blog/po…

Keeping an eye on the #business numbers is a critical for #smallbusinessowners. Speak to your #accountant today or if you don't already have an accountant, here is where to find us... 📧 [email protected] ☎️ 01206 266702 🌐 sas-accounting.co.uk

You can claim a good chunk of your #businessexpenses as #tax deductions, these #expenses include meals with clients, ad campaigns, and office rent. In order to claim them, though, you need receipts (paper/email or on an app) for tracking and verification purposes. #TopTipTuesday

Did you know... If your #business doesn’t have any retained #profit, it can’t make #dividend payments. Doing so will likely see you in hot water with #HMRC, and penalties to pay!

January can be a tough month for the self-employed, and it's important to keep on top of cash flow. Staying motivated can be difficult, to ensure you stay on top of your back office (accounting, payroll, cash flow, invoicing, etc) set aside an hour a day to work on these.

Selling a property in the UK can have significant tax implications, particularly concerning #CapitalGainsTax (CGT). Understanding the reporting requirements and deadlines is crucial to ensure compliance and avoid potential penalties. So, what is #CGT? sas-accounting.co.uk/blog/po…