Accounts & Books

Money Laundering Regulations – Campaign for Virtual Assistants

So last week we asked you to tell us about your experience of asking HMRC for Anti-Money Laundering Regulations advice as a virtual assistant – we had a great response and Joanne Sparkes of VA Pro Magazine co-ordinated the replies (all 31 of them!) into a letter asking HMRC to clarify their position on what…

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Money Laundering Regulations

Jo Sparkes of VA Pro Mag has bravely decided to tackle the thorny issue of Money Laundering Regulations (MLR) registration as anecdotally we’ve heard so many different rules regarding whether or not VAs should register and what is and isn’t allowed. At times it feels like if you called them 10 times, saying exactly the…

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Business Advantages of Bookkeeping for VAs

The role of virtual assistant can be incredibly rewarding- especially if you have a roster of high paying clients. Naturally, virtual assistants are incredibly organised people; however, bookkeeping is an area which is usually forgotten about.

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Timesheets

One of our members Debbie Condon agreed to share her clever timesheet with
tracks how long you spend on each project

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Festive Goodies… Kashflow freebies!

Ho ho ho…. Those lovely peeps over at Kashflow sent some Xmas goodies with their festive greetings this year: I have 2 x year long Kashflow licences to give away worth £192 each!  Ideal for newbies or just those who find numbers very confusing (like me!!) this is the idiot’s way of doing your books…

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Essential Record Keeping

Whether you run a large company or operate as a sole trader, the law states that you must keep records of all the incomings and outgoings related to your business.  Keep all the documentation that you need for completing your tax return because if you are unable to show it to HMRC upon request, you…

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