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The Small Business Bible

Bookkeeping, Cash Flow, Tax & VAT

By James Smith BSc ACA

This plain-English guide tells you everything you need to know about small business bookkeeping, money management, tax returns and VAT. The 4th edition is hot off the press (January 2010) and completely up to date.

Part 1 covers bookkeeping and accounting – you’ll discover how to grow your business and save hundreds of pounds in accountancy fees by taking control of your income and expenses.

Part 2 shows you how simple it is to complete a business tax return, using real-life illustrations – after reading this section you’ll have a solid understanding of how your business is taxed.

Part 3 contains an indispenable guide to VAT – how to register, how to fill in your VAT return, how to exploit various concessions and pay less tax.

The 2010 edition also contains a new 30-page section on how to improve cash flow in your business and boost your profits. The author reveals all the tricks you can use to keep the money rolling in, including billing tactics that ensure every invoice gets paid quickly... without upsetting your customers! This section is essential reading in the current economic climate.

Keeping it Simple is a must read for:

• Anyone wanting to make light work of managing the finances of a small business.
• Everyone with a new business or thinking about starting a business.
• Sole traders who want a clear jargon-free guide to completing their business tax return.
• Anyone wanting a comprehensive plain-English VAT guide.
• All businesses approaching the £68,000 VAT registration threshold or considering voluntary VAT registration.
• All businesses that want to improve their cashflow.

What Information is Contained in the Guide?

The best thing about this guide is its incredibly simple straightforward approach. Within a couple of hours you'll know pretty much everything you need to know about small business accounting, tax returns and VAT. The book contains lots of useful examples and practical tips which will save you time and money. Subjects covered include:

• All relevant changes from the December 2009 Pre-Budget Report.
• How to keep track of all your business income, invoices and expenses using a few simple spreadsheets.
• How to use these spreadsheets to generate invaluable information that will help you grow your business and make more money.
• How to complete your business tax return quickly and accurately – a box by box illustrated guide.
• A detailed list of all the expenses you can claim to cut your tax bill.
• Absolutely everything you need to know about VAT in plain English.
• How to save time and money using the VAT Flat Rate Scheme and other schemes.
• How to complete your VAT return without fuss.
• How to choose a good accountant or bookkeeper… and avoid excessive fees.
• How to choose the best accounting software for your business.
• How to do basic accounting controls, bank reconciliations etc.
• How to send out invoices that get paid promptly and keep track of unpaid invoices.
• What records the taxman expects you to keep.
• How to keep tight control of your business stock.
• How to recover VAT on overseas purchases and when travelling abroad.
• How to handle your first employee – PAYE, contracts etc.

Click here to read the full contents listing and first chapter of the book

 

What Will I Receive?

Please click here if you would prefer to pay by cheque