Resources - Fact Sheets  

We have prepared a number of fact sheets to assist you when setting up and running your business. 
These are great for you to refer to, but are no substitute for personalised advice and expert support. Please get in touch for any assistance. 
VAT - The Basics 
 
A fact sheet covering the basics of VAT; what is it, when you need to register, and the deadlines involved. 
VAT Schemes 
 
Details regarding the various VAT schemes available and how they work. 
How a limited company  
director is taxed. 
An infographic showing how a limited company, and it's owner, will be taxed. 
IR35 / Off-Payroll Working 
Flowchart 
A flowchart looking at whether you are impacted by IR35/Off-Payroll Working 
Bank Feeds 
 
An explanation on bank feeds - what they are, and how they can assist you and your business. 
Statutory Residency Test Flowchart 
 
A flowchart to help determine your Tax Residency Status 
 
"I couldn't recommend them highly enough and will continue to use them for Spiral Static and all future ventures!" 
 
Matt Badley | Spiral Static 
 
 
"I have found their help in modernising my accounts invaluable and would recommend them to anyone in a heartbeat." 
 
Matthew Finch | Trailer Aid Ltd 
 
 
"The whole team at effective accounting are exceptional."  
 
Jennifer Duthie | Skribbies Ltd 
 
 
"Nicola is one of the most adept and accessible accountants that I have ever had the pleasure of working with." 
 
Carter Stewart | Transworld Consulting Ltd 
 
 
"Choosing Effective Accountants has been one of the best decisions we made when we started our company."  
 
Matthias Geeroms | OTA Insight Ltd 
 
 
"Nicola and the team have proven to be extremely professional, efficient and always on hand to answer any questions I have (and I have a lot!)." 
 
Emily Hodges | EM Hodges Ltd 
 
 
"I find the service to be prompt, professional and friendly." 
 
Simon Weightman | Mercury TS Ltd 
 
 
"They are quick to respond and are always ahead of the curve for us. Keep it up and thank you." 
 
Freda McMahon | Lobster Noodle Ltd