Accountants Mitcham Archives - Page 9 of 11 - Southside Accountants Wimbledon

How Long to Wait Before Chasing for Payment?

Dec16

debt After your credit period (for example 30 days) there is no hard and fast rule on how long you should wait before taking further action.

The following is an excellent link that provides an interactive questionnaire on process to follow when chasing a debt.

Link http://online.businesslink.gov.uk/bdotg/action/logicToolStarting?r.l1=1073858790&r.lc=en&r.l3=1075135408&r.l2=1074453392&r.i=1077731036&type=BLTTOOL&itemId=1077731036&r.t=BLTTOOL

If you would like any further information, please do not hesitate to contact Southside Accountants Wimbledon & London.

Do you Need an Accountant to Submit Accounts to Co House?

Dec12

The short answer is no, you do not have to be an accountant to submit accounts to Companies House. However, it is would be best to employ services of an accountant. He/she would ensure all the changing regulations are complied with. Further, the accountant will be able to identify any tax savings. These tax savings may outweigh their fees.

It would be best to employ a Chartered Accountant for this. There are many people calling themselves accountants. However, they have not undertaken any professional examinations and are not monitored by any one. Chartered Accountants are monitored by their Accounting body. They are required to keep up to date with changing regulations.

Before employing an Accountant please check that they are a qualified Chartered Accountant.

If you would like any further information, please do not hesitate to contact Southside Accountants Wimbledon & London.

Two Ronnies – Boring Accountant

Dec9

Email Marketing – Spam Law

Dec6

Email marketing is an attractive marketing option for small businesses since it is a low cost way of reaching a wide customer base.

However, spam (the unsolicited sending of emails) is illegal. The law on this area is governed by the Data Protection Act 1998 and the Privacy & Electronic Communications Regulations 2003.

The key rules are:

You should not send marketing emails without recipients prior consent. This should be in the form of an opt-in or an extremely explicit opt-out.

Where contact details are collected through the course of a sale or in sale negotiations, emails can be sent if emails relate to similar products or services and when the address was collected the recipient was given the opportunity to opt-out.