What we need to know:
Sometimes a lot of work can be avoided if we know changes to your business when they happen or even in advance.
We hope what follows is a useful list of things to tell us:
Financial SYSTEMS and bookkeeping
Systems and bookkeeping are the foundation of all of our work, please do let us know about:
New Bank Accounts
New Banking Facilities (Eg PayPal, Wise)
New Credit Cards
Xero Integrations (if you connect another application to Xero)
New Supplier Accounts (for buying on credit)
New Loans or Finance Agreements
If you start to Import or Export
New points of contact for queries
PAYE & CIS
Your Payroll manager will need to know about:
New Employees
Employees leaving
New Employee Benefits
Statutory Pay or Leave (Maternity, Paternity, Sick Pay etc)
New CIS Subcontractors
other taxes
Please also tell us if any of the following come up:
You register for any new taxes: Eg PAYE, VAT, CIS
You make any changes to existing schemes: Eg changing VAT scheme
Penalty letters from HMRC
Payment plans with HMRC (so we can make sure no penalties are incorrectly applied on late payments of taxes)
New streams of personal income (Eg a new job or investment)
Company secretarial and admin
Here we need to know about:
Changes to shareholdings
New and resigning Directors
Changes of address (whether registered, business or personal)