Getting Started

Getting your details from your current accountant

We understand how important it is for existing businesses to hit the ground running when moving to a new accountant. However, unless we have all your company information we won’t be able to file your returns with HMRC. That’s why you need to get them to us as soon as possible so we can make your tra...

What are the tax implications of paying into a personal pension?

When you have a Sole Trade business you could pay money from own funds into a personal pension scheme. The lower limit for this is either your total gross salary or the sum of £2,880 (whichever is lower); while £40,000 is the maximum amount you can get tax relief on. This is a tax efficient w...

Year End Information - Accounting periods starting on or after 1st Jan...

This applies to businesses with accounting periods starting on or after 1st January 2016. A new Financial Reporting Standard known as FRS 105 applies to these accounts. FRS 105 requires less information to be submitted to Companies House and HMRC about a company's performance compared to the previou...

Year End Information - Accounting periods starting on or before 31st D...

What makes up the full year end accounts and the abbreviated accounts? The two most important pages in your Year End accounts are the Profit and Loss Account and the Balance Sheet. Profit and Loss Account This document shows the profit (or loss) you made for the period. Balance Sheet T...

Responsibilities of a limited company director

As a director of a limited company, you must: Follow the company’s rules, as shown in its articles of association Keep company records and report changes File your accounts and your Company Tax Return Tell other shareholders if you might personally benefit from a transaction...

Something wrong with Crunch?

We aim to offer the highest levels of customer service and accountancy advice at all times. If you are dissatisfied in any way with the service Crunch provides please contact your Client Manager in the first instance and they will try to resolve the issue. We aim to respond within 4 hours to any ...

Welcome To Start Video

Video Tutorial Our expert Client Manager, Tom, will walk you through the basics of using your new Start account. He will cover all the topics that will help you hit the ground running from; creating your first invoice, recording some expenses and bills and even how to match your bank accounts. We'...

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