BTS Accountancy LTD

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BTS Accountancy LTD BTS Accountancy is a new company that provides Accountancy and Bookkeeping services for small and medium sized business.

BTS Accountancy is an accounting practice that stands out from the crowd. Our primary aim is to assist business owners in gaining control over their businesses. We accomplish that in an unusual way, providing support throughout their business venture.

Companies House ID checks are now an important compliance point for company directors and people with significant contro...
24/10/2026

Companies House ID checks are now an important compliance point for company directors and people with significant control (PSCs) 💼⚖️

Identity verification is designed to make the company register more reliable and reduce misuse of company structures.

▪️ Who needs to verify
Directors, PSCs and people setting up or managing companies need to verify their identity with Companies House or through an Authorised Corporate Service Provider 🔍

▪️ Why it matters
If you do not complete the required checks, it may affect company filings, appointments and your ability to keep company records compliant 📌

▪️ Do not leave it late
Existing directors and PSCs have deadlines linked to their Companies House requirements, so it is worth checking what applies to your company ⏰

▪️ Keep records updated
Make sure director details, PSC information and confirmation statement records are accurate and consistent 🧾

Need help understanding what Companies House changes mean for your business? We can review your company compliance and help you stay on track.

📞 Call: 01634 926303
📧 Email: [email protected]

Payroll journals connect your payroll to your accounts 💼🧾Without them, your year-end figures may not show the true cost ...
21/10/2026

Payroll journals connect your payroll to your accounts 💼🧾

Without them, your year-end figures may not show the true cost of employing staff.

▪️ Staff costs need to be accurate
Wages, Employer’s NI, pensions and deductions should be recorded correctly in the accounts 📊

▪️ PAYE liabilities should match
Your bookkeeping should show what is owed to HMRC for PAYE and National Insurance. If it does not match payroll reports, year-end becomes harder 🔍

▪️ Pension figures need checking
Employee deductions and employer pension contributions should agree with payroll and pension provider records 💷

▪️ Errors affect profit
If payroll costs are missing or posted incorrectly, your profit figure may be wrong. That can affect tax planning ⚖️

▪️ Cleaner records save time
Accurate journals make year-end accounts faster, clearer and easier to review ⏰

Want your payroll and accounts to line up properly? We can review your process before year end.

📞 Call: 01634 926303
📧 Email: [email protected]

VAT-ready bookkeeping means your records can support every figure on your VAT return 🧾⚖️It is not just about submitting ...
17/10/2026

VAT-ready bookkeeping means your records can support every figure on your VAT return 🧾⚖️

It is not just about submitting on time. It is about submitting figures you can explain if HMRC asks.

▪️ Reconcile regularly
Bank and card transactions should match invoices, receipts and payments 📊

▪️ Use the right VAT codes
Standard rate, reduced rate, zero rate, exempt and outside scope must be treated correctly 🔍

▪️ Keep VAT invoices
Supplier invoices and customer invoices should be complete, stored clearly and easy to find.

▪️ Check reports before submission
Your VAT return should match your accounting software VAT report, not manual guesses or last-minute estimates 📌

▪️ Review unusual items
Mixed-use expenses, reverse charge items and large purchases should be checked before the return is submitted 💷

Want cleaner VAT records and fewer return issues? We can review your bookkeeping setup.

📞 Call: 01634 926303
📧 Email: [email protected]

The first 90 days can shape how smoothly your business runs later 💼🧾Getting the basics right early helps you stay compli...
14/10/2026

The first 90 days can shape how smoothly your business runs later 💼🧾

Getting the basics right early helps you stay compliant, understand cash flow and avoid stressful surprises.

▪️ Register properly
Make sure you are set up correctly with HMRC or Companies House, depending on whether you are a sole trader or limited company ⚖️

▪️ Open a separate business account
Keeping business and personal money separate makes bookkeeping cleaner and reduces mistakes 💷

▪️ Set up bookkeeping early
Choose accounting software, track invoices and keep receipts from day one 📊

▪️ Understand your tax responsibilities
Check what applies to you: Self Assessment, Corporation Tax, VAT, PAYE or National Insurance ⏰

▪️ Watch cash flow
Do not just track sales. Monitor what is coming in, what is going out and what you need to save for tax 🔍

Starting a business? We can help you set up properly and build strong foundations from the beginning.

📞 Call: 01634 926303
📧 Email: [email protected]

Management accounts are not just for bigger businesses 📊 They help business owners understand what is really happening b...
10/10/2026

Management accounts are not just for bigger businesses 📊 They help business owners understand what is really happening before year end.

Instead of waiting months for annual accounts, you can use regular reports to make smarter decisions now.

▪️ See profit clearly
Management accounts show whether the business is actually making money after costs, wages, overheads and tax planning 💷

▪️ Spot problems early
Rising costs, falling margins, late payments or weak cash flow are easier to fix when you see them quickly 🔍

▪️ Plan growth with confidence
Before hiring, investing or expanding, you can check whether the numbers support the decision 📈

▪️ Understand what works
You can see which products, services or clients are profitable, and which ones may need repricing or reviewing 📌

▪️ Reduce year-end surprises
Regular reporting keeps accounts cleaner and makes tax planning easier 🧾

Want clearer numbers and better business decisions? We can help you use management accounts to plan ahead.

📞 Call: 01634 926303
📧 Email: [email protected]

VAT registration is not based on your tax year. It is based on a rolling 12-month taxable turnover test 🧾📊That means gro...
07/10/2026

VAT registration is not based on your tax year. It is based on a rolling 12-month taxable turnover test 🧾📊

That means growing businesses need to check turnover regularly, not just when accounts are prepared.

▪️ Know the threshold
You must register for VAT if your taxable turnover for the last 12 months goes over £90,000 ⚖️

▪️ Check it monthly
At the end of each month, look back over the previous 12 months. If you only check once a year, you may already be late 🔍

▪️ Understand taxable turnover
This includes sales that would be standard-rated, reduced-rated or zero-rated for VAT. Exempt income is treated differently, so mixed businesses need extra care 🧾

▪️ Plan before you cross it
VAT affects pricing, invoices, cash flow and bookkeeping. Leaving it too late can mean backdated VAT, penalties and interest 💷

Want us to check your VAT position and help you avoid late registration problems?

📞 Call: 01634 926303
📧 Email: [email protected]

Auto-enrolment is not something you set up once and forget 💼⚖️Employers have ongoing workplace pension duties from the d...
03/10/2026

Auto-enrolment is not something you set up once and forget 💼⚖️

Employers have ongoing workplace pension duties from the day their first member of staff starts work.

▪️ Checking eligibility
Staff should be assessed correctly based on age and earnings. If someone’s pay changes, their pension position may change too 🔍

▪️ Sending the right letters
Employees need the correct pension information at the right time. Missing communication is a common compliance issue.

▪️ Paying contributions on time
Employee deductions and employer contributions must be calculated and paid correctly 💷

▪️ Keeping records
You should keep evidence of assessments, opt-ins, opt-outs, pension contributions and employee communications 🧾

▪️ Reviewing regularly
Payroll, pension uploads and bookkeeping should match, especially before year end 📊

Need help managing payroll and pension duties properly? We can review your setup and help keep you compliant.

📞 Call: 01634 926303
📧 Email: [email protected]

Mileage claims can reduce taxable profit, but only if they are recorded properly 🚗🧾HMRC expects clear mileage evidence, ...
30/09/2026

Mileage claims can reduce taxable profit, but only if they are recorded properly 🚗🧾

HMRC expects clear mileage evidence, not rough estimates.

▪️ What to record
Keep a mileage log showing the date, start and end location, reason for the journey and number of business miles 🔍

▪️ What counts
Business journeys can include client visits, supplier trips, temporary workplaces or business meetings. Normal commuting does not usually count ⚖️

▪️ Current mileage rates
For the 2026/27 tax year, cars and vans are 55p per mile for the first 10,000 business miles, then 25p per mile after that 💷

▪️ Keep supporting evidence
Diary notes, invoices, meeting records or appointment details can help prove the journey was business-related 📌

▪️ Avoid common mistakes
Do not round up mileage, claim personal journeys or mix business and commuting without a clear split.

Want to make sure your mileage claims are accurate and HMRC-ready? We can review your records.

📞 Call: 01634 926303
📧 Email: [email protected]

Your first invoice feels exciting, but it is also the moment to start saving for tax 💷🧾Many new business owners spend wh...
26/09/2026

Your first invoice feels exciting, but it is also the moment to start saving for tax 💷🧾

Many new business owners spend what comes in, then get caught out later when HMRC deadlines arrive.

▪️ Save for tax straight away
Do not wait until year end. Move a percentage of each payment into a separate tax pot so the money is not mixed with everyday cash flow 📌

▪️ Remember profit is what matters
Tax is usually based on profit, not just sales. Profit means income minus allowable business costs 📊

▪️ Sole traders
You may need to plan for Income Tax and National Insurance through Self Assessment. The first bill can feel big because it often comes months after you started trading ⏰

▪️ Limited companies
The company may need to save for Corporation Tax. If you take salary or dividends, your personal tax position also needs planning 💼

▪️ VAT risk
If your business grows and you become VAT registered, the VAT you collect belongs to HMRC. It should not be treated as extra income ⚖️

▪️ Good habit from day one
Keep invoices, receipts and mileage records organised from the start so your tax estimate is based on real numbers 🔍

Starting a business? We can help you understand what to save, what to track and how to avoid tax surprises.
📞 Call: 01634 926303
📧 Email: [email protected]

More sales do not always mean more profit 📈💷A business can be busy, growing and bringing in more revenue, but still feel...
23/09/2026

More sales do not always mean more profit 📈💷

A business can be busy, growing and bringing in more revenue, but still feel like there is no money left at the end of the month. That usually means pricing needs a closer look.

▪️ Sales are not the same as profit
Turnover shows what came in. Profit shows what is left after costs, wages, tax, materials, software, delivery and overheads 📊

▪️ Margins matter
If your costs increase but your prices stay the same, every sale may be worth less than you think 🔍

▪️ Watch hidden costs
Admin time, travel, revisions, packaging, card fees, late payments and staff time can quietly reduce profit 💷

▪️ Discounting can be risky
Small discounts may seem harmless, but they can quickly remove your margin if they are used too often ⚖️

▪️ Use your reports
Your Profit & Loss, cash flow and job costs can show which services, products or clients are actually profitable 📌

If your business is getting busier but cash still feels tight, it may be time to review your pricing. We can help you understand the numbers and price for sustainable growth.
📞 Call: 01634 926303
📧 Email: [email protected]

Address

25 Blockmakers Court
Chatham
ME45JE

Opening Hours

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

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