Blog | JR Management Accountancy

Bookkeeper in Droitwich or Kidderminster

Use a bookkeeping firm or a self-employed bookkeeper? Effective bookkeeping is essential for any business, regardless of size or industry. It ensures accurate financial records, timely tax compliance, and informed decision-making. For business owners contemplating using a bookkeeper in Droitwich or Kidderminster, this article sets out whether to use a bookkeeping firm or a self-employed […]

Does a bookkeeper also do payroll?

Bookkeepers and payroll specialists are essential in managing a company's finances. However, there are significant differences between the two roles. While a bookkeeper is responsible for recording financial transactions and maintaining accurate financial records, a payroll specialist is responsible for calculating and processing employee salaries and benefits. So, does a bookkeeper also do payroll? In […]

What happens if I go over the VAT threshold?

Value Added Tax (VAT) is a tax levied on the value added to goods and services during the production and distribution process. In the UK, the current VAT threshold is £85,000, and the current standard rate of VAT is 20%. In this article, we look at what happens if businesses, located in say Bromsgrove or […]

Does a bookkeeper also do the VAT?

17 February 2023

It’s a question we are often asked, “Does a bookkeeper also do the VAT returns?”. The answer is ‘sometimes’! So it is always best to ask the question rather than assuming they will. A bookkeeper’s role is to process a business’s sales invoices and purchase receipts, along with expense claims where relevant. In theory, the […]

Affordable temporary bookkeeping and payroll cover

21 December 2022

There are many reasons why business owners across Droitwich and the West Midlands, realise they would benefit from temporary bookkeeping and payroll support. This could be due to: Not only can using temporary bookkeeping and payroll cover be a very useful interim solution, but it can save business owners a lot of time, stress and […]

The pros and cons of online accounting

16 December 2022

With more and more businesses in and around Droitwich transitioning to cloud based accounting packages, we look at the pros and cons of online accounting. Cloud based accounting software is not a new thing, but the move to the likes of Xero, QuickBooks and Sage Business Accounting has vastly increased over recent years. This has […]

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