The Treasury has recently clarified several grey areas relating to the obligation to report discrepancies in the People with Significant Control register. The clarification concerns issues surrounding the responsibilities of accountants and bookkeepers under the EU’s fifth Money Laundering Directive (5MLD), which came into force on 10 January 2020. This sought to address several gaps
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Are you, or do you know someone who is, at risk of being made redundant? Unfortunately one of the economic consequences of the Covid-19 pandemic is that a lot of bookkeepers will face losing their jobs. If that is you, or someone you know, you may be considering starting your own virtual bookkeeping business. On
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If you run your own bookkeeping business this email may change your life forever, so please read it all carefully. Hi, I am Noel Guilford a successful and experienced accountant. I have been running my own practice for many years during which time I have developed a system for the rhythmic acquisition of clients that
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In May 2018 the Data Protection Act 2018 introduced GDPR into UK law. One of the many changes it introduced was with regard to registration and fees. In this blog post we will explain how the new fee structure works and how it will impact your business. Although the GDPR does not require registration (also known
Bookkeepers are highly skilled professionals who provide support and specialised services to businesses, entrepreneurs, executives, and others who have more work to do than time to do it. Examples of services a bookkeeper can do include installing accounting software, raising invoices, entering purchase and bills, paying suppliers, entering bank transactions, reconciling your bank account, credit
A Virtual Bookkeeper can support and bring your business under your control whilst allowing you to make more sales and earn more money while your books and administrative tasks are taken care of. They can also free you from the burden of what is time-consuming work which I doubt if you enjoy – doing your
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