The ascent of an accounting expert : Arnold Ayton

Get to know Arnold Ayton and some of his bookkeeping opinions? LTDs?do not have?any?minimum?requirements?in terms of?shareholders and capital. That is why most startups, small businesses, freelancers?, and contractors?choose to be privately limited.?? PLCs are?obligated?to have the?following:? Not less than two shareholders? A minimum share capital of £50,000? Two directors? A fitting company secretary? Once you’ve decided which structure works the best for you and your business, it’s now time for the step-by-step guide to setting up.

Arnold Ayton is qualified as a Chartered Accountant under the Association of Certified Chartered Accountants (ACCA), although I currently hold a practicing license under the Institute of Financial Accountants (IFA). Arnie was a delight to get started with, seeing as we had a very messy backlog of transactions and incorrect payroll when we were doing it in house. He and his team helped us straighten out our accounting basics last year, and this year he has helped us apply for significant VAT rebates and R&D tax credits. He has helped our team explore new financial opportunities and has connected us with advisors who have proven to be very helpful. He’s a very straight-talking and friendly individual who is easy to get along with, and is clearly committed to his business and clients.

Spondoo accounting guides for 2021: You can claim food and drink during your travel only. For example, you can claim the cost of a sandwich at a petrol station on the motorway or an evening meal at a hotel. But you cannot claim the costs involved preparing a meal at home and then taking it with you on the business trip. Can you only claim food for overnight trips? Food expenses are not exclusively allowable on overnight business trips. You can claim food and drink expenses if the employee is working away from their habitual place of work, even if they do not stay overnight. The location must be at least five hours from their usual place of work. But remember, food and drink are only an allowable expense during the course of the journey. You will not be allowed to return home and then claim a meal on the evening of that same day.

Our accounting and bookkeeping packages include processing, preparation and filing of your VAT Returns to HM Revenue & Customs. You can find more information here (www.spondoo.co.uk)? This VAT Agent service focuses on organisations with increased complexity within their accounting processes. This could include overseas aspects, group registration for VAT, Making Tax Digital (MTD), multiple accounting systems or consolidated VAT Returns.

Spondoo.co.uk is made up of a team of Chartered and Certified Accountants and bookkeepers, supported by our in-house software developers. We have years of experience across the finance industry – including in payroll, financial services and pensions – as well as in-depth knowledge of all the software that you use every day to run your business. Life is easier when you know what you have to pay in advance, which is why we operate on a completely transparent, fixed-fee basis. Build a package that fits both your needs and your budget, and say goodbye to nasty surprises and unexpected charges when it comes to pay.