Small Business Workshops | Company structures inc basic accounting, tax and VAT with Nicola Bowker, Nicola Bowker & Co Ltd | Jan 2023

An insightful session covering everything you need to know when it comes to Company structures including basic accounting, tax and VAT.

The workshop will cover:

Company Structures

• Limited by shares
• Limited by guarantee
• Partnership
• Sole trader
• LLP
• LLC

Basic Accounting

• What is the legal requirement?

Types of accounting records

•                Paper
•                Spreadsheet
•                Software package           
•                Cloud

Proportionate for the need

Features of software

• Bank import/reconciliation
• Management of Debtors (customer) ledger
• Management of Creditors (supplier) ledger
• VAT returns

Taxes

• Income tax, VAT, payroll taxes, overseas filings
• Income tax filings – deadlines, information required, fines
• VAT – threshold, registration timelines, filing of returns, penalties, new 5% VAT rules
• Payroll – registration, record keeping, payment of tax and NI, Sub contractors, penalties
• Overseas – taxes (UK and other), VAT

To book your place click here