Elite Virtual Bookkeeping Ltd

Elite Virtual Bookkeeping Ltd We handle the numbers so you don’t have to! Focus on your business; we’ll do the math.
(1)

From bookkeeping, annual accounts and corporation tax to payroll and VAT, we keep your finances in check—minus the headaches.

16/07/2026

⏰ Don’t forget! Your 31 July HMRC payment on account deadline is almost here.

This payment is the second payment on account for the 2025/26 tax year. Missing the deadline could mean interest and late payment charges, so it’s worth checking what you owe now rather than leaving it until the last minute.

14/07/2026

Not every VAT-registered business should join the VAT Flat Rate Scheme—but for the right business, it can save a significant amount of money.

The Flat Rate Scheme allows eligible businesses to pay HMRC a fixed percentage of their VAT-inclusive turnover instead of accounting for VAT in the usual way. Whether it’s beneficial depends on factors such as your industry, your turnover, and how much VAT you reclaim on your purchases.

In this case, HMRC removed my client from the scheme because they believed the business had exceeded the turnover limit. We knew that wasn’t correct because we regularly review our clients’ numbers through our quarterly business reviews. We appealed the decision, HMRC agreed, and our client was reinstated onto the scheme—allowing them to continue benefiting from it.

Every business is different, so don’t assume the Flat Rate Scheme is right (or wrong) for you. A quick review with your accountant could make a big difference to how much VAT you pay.

10/07/2026

Know a business owner who needs an accountant? Refer them to us and you’ll both receive £50 off when they sign up. They just need to mention your name! 💷

09/07/2026

These are some of my favourite tax-saving claims for UK limited companies, but every business is different. 😊

Always speak to your accountant before claiming anything, as there are specific HMRC rules and conditions that need to be met.

08/07/2026

If you run an interior design business through a limited company, make sure you’re not missing out on expenses and tax reliefs you could be claiming. Every pound you claim correctly can help reduce your tax bill. 💡

07/07/2026

Own a property rental limited company? 🏡 Make sure you’re not missing out on allowable business expenses that could reduce your tax bill. Save this for later if you’re a new business owner!

06/07/2026

One of the biggest surprises for new limited company owners is that there isn’t just one tax bill to think about. Depending on your business, you could have Corporation Tax, VAT, payroll taxes, and even dividend tax to plan for.

Understanding what you need to pay—and when—can save you from unexpected bills and costly penalties. That’s exactly where a good accountant can help.

04/07/2026

🚲 Did you know you can claim 20p per business mile when using your own bicycle for work? It’s one of those tax reliefs many business owners don’t realise exists. Every allowable expense adds up, so make sure you’re not missing out! 💷

03/07/2026

Got cash sitting in your limited company and thinking about investing in property? 🏡 The structure you choose can make a huge difference to your tax bill. Always speak to an accountant and a mortgage broker before making any decisions. This is general information, not personal tax advice.

02/07/2026

Thinking about leasing your next company car? 🚗 You could save on corporation tax, dividend tax and even reclaim VAT (where eligible). Make sure you know your options before signing the agreement! 💷

Address

Services Available In:
London
SW62NP

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Alerts

Be the first to know and let us send you an email when Elite Virtual Bookkeeping Ltd posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Share

Category