How can I organise my book keeping records?
As a business owner you have a responsibility to keep accurate records. Sole traders can be fined up to £3,000 for not doing so and company directors have serious legal responsibilities. However, it is not difficult to retain all relevant records if you have proper systems for doing so. And you can either send the records to us to prepare the accounts and VAT returns, or employ a bookkeeper yourself (but you should make sure that they are competent and experienced), or keep the bookkeeping records yourself. Whatever option you choose, it would be wise to ensure that there is good communication with your accountant.
