Arnold Ayton and the growth of a bookkeeping professional

Meet Arnold Ayton and some of his accounting achievements? To register a company, you require both a Memorandum of Association (legal statement signed by all original shareholders or guarantors, agreeing to form the company)?and Articles of Association (written rules about running the company agreed upon by the shareholders or guarantors, Directors?, and the Company Secretary).??Registering your company online automatically creates a Memorandum of Association as part of your registration?process. If you register by post, you may have to use the?Company?House’s memorandum of association template.? You can use the standard articles (model articles) to create an Articles of Association and send it by post, or write and upload a personalized one.

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 tricks 2021: How much can you claim for food expenses? HMRC do not state a specific limit on the amount you can spend on food and drink and then claim as an expense. However, they do state that all subsistence costs should be reasonable. Don’t expect the taxpayer to cover a three-course meal at the local Michelin restaurant! There is another rule to be aware of, if you eat with people not employed by the company, including clients and partners. The food and drink in these scenarios are classed as entertainment and no longer solely for subsistence. Thus, in these situations, all of the food and drink is no longer an allowable expense. You cannot divide the receipt into allowable and disqualified expenses.

Most Spondoo accounting packages already include a certain amount of bookkeeping support. If you are an existing Spondoo customer, please talk to your Account Manager about increasing your bookkeeping capacity.? Whether you use Spondoo’s bookkeeping service, another accountant or have internal staff, our team will ensure your monthly and quarterly records are in good shape.? We can take over responsibility for periodic Balance Sheet reconciliations, leaving your existing bookkeepers to focus on the day-to-day processing transactions.? We can raise any issues during the year that may increase your year-end accounting costs.

Spondoo 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. Information provided on the site is merely guidance that may change in line with UK law and regulations. Users must not consider this to be financial advice or their sole resource when making any financial decision. Spondoo is a trading name for Accounting SQL Limited, authorised & license accounting firm under the Institute of Financial Accountants.