Author Archives
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Small Company Accounting
The required format for statutory accounts for small companies has changed. We consider the reporting requirements and their impact. At KG Accountants, we can provide guidance on the new reporting standards. . The required format of statutory accounts that… Read More ›
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Just started a limited Company, What happens next…………………
Thinking about setting up a limited company or Perhaps you’ve already done so, but now find you’re being swamped by letters from HM Revenue & Customs and Companies House. Setting up a company is quick and easy, but it… Read More ›
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What you must do as a Construction Industry Scheme (CIS) contractor
Who is covered by CIS The Construction Industry Scheme (CIS) covers most construction work to buildings, including site preparation, decorating and refurbishment. Mainstream contractors If your business is construction and you pay subcontractors for construction work, you’re a ‘mainstream’ contractor…. Read More ›
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Painters & Decorators – Just Starting out?
The Journey ahead You have decided that you want to to become a painter or decorator – now decide how you will achieve this. Speaking to a good accountant makes the journey much smoother and fruitful in the long run…. Read More ›
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Accounting in the Construction Sector
Why is construction accounting different? If you work in the construction industry, you’ll know there’s rarely a fixed business structure. The site manager probably doesn’t employ the other people working on a project. They are likely to be a contractor… Read More ›
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Why does all business need a plan?
Main Importance of a business Plan We consider why you should draw up a business plan and what it should include. If you are starting, or have recently started a business in the South London area we, at KG Accountants,… Read More ›
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Construction Industry – Major Changes in the sector?
What has been happening in the construction industry? The construction industry generally enjoyed plentiful demand for its services between the late 1990s and the mid 2000s. There were some problems – skilled labour was hard to find and insurance costs… Read More ›
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Plumbers – Just Starting out? Doing your market research!
The Journey ahead You have decided that you want to run a plumber business – now decide how you will achieve this. Speaking to a good accountant makes the journey much smoother , fruitful and enjoyable in the long run…. Read More ›
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Electricians – Just Starting out?
The Journey ahead You have decided that you want to run an electrical services business – now decide how you will achieve this. Speaking to a good accountant makes the journey much smoother and fruitful in the long run. Here… Read More ›
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JUST Started Work as A builder, Decorator or Plumber in the Construction Industry?
All contractors must register with HMRC for the Construction Industry Scheme. Subcoactors who do not wish to have deductions made from their payments at the higher rate of deduction should also register with HMRC. HMRC will provide registration details that… Read More ›