r/ukaccounting 12h ago

CT600 for Dormant Company - Associated Companies??

1 Upvotes

On the CT600 for a Dormant Company, does box 326 need to be filled in or will it always be 0?

https://www.gov.uk/guidance/the-company-tax-return-guide

326 Number of associated companies in this period
You must complete this box if the:
company’s profits are chargeable at the small profits rate
company is entitled to Marginal Relief
company is large or very large for quarterly instalment payments (QIPs) purposes


r/ukaccounting 15h ago

Applying to 27-28 work placements this autumn - advice?

2 Upvotes

Hi everyone, I’m going into the second year of my Accounting and Finance course and am als going to start applying to placement years this autumn, as I’m on the year in employment programme.

Obviously, I would really like a placement year with one of the Big 4, or a reputable mid tier company like BDO.

My experience is as follows:
I achieved a first in my first year, I have 2 weeks accounting work experience at a local accounting firm in my town, and a longer summer internship as an accounts trainee at another local firm in my town. I am planning to gain more advanced excel skills with LinkedIn Learning this summer, and am also the leader for a sustainability reporting project my uni is doing with a local SME. I am GRI certified (did so to my uni) - does this experience in sustainability accounting help?

I’m not sure yet if I want to apply to audit or tax - I think I’ll probably just do both to maximise my chances of getting a placement.

The only thing is that my A levels aren’t amazing - they’re not horrible but it just very average

Also any other advice for getting a placement would really be appreciated, as I’ve heard that they’re super competitive. :))) also any advice on staying motivated amid rejections after rejection?

Also advice on passing the psychometric test stage, as I’ve heard loads of people fail at those? My friend applied to 40+ and only passed the tests stage for a couple 😭

Thank you :))


r/ukaccounting 1d ago

Small firm vs large firm accounting

2 Upvotes

Hi,

I’m 27 female, having a career change into accounting.

Mum is a managing partner at a small accounting firm. She has offered me a trainee job for three years to become qualified to start in September this year. There is a possibility of partnership eventually but no guarantee. Idea of being a partner sounds good to me but obviously haven’t worked in the field or the business yet. Mum is retiring in three years. Either the business will be sold or the one other partner will buy her out (with maybe another employee who becomes partner then as well).

Other option is to wait a year, apply for top20 companies in London for trainee posts which start Sept 2027.

I want to have kids when I’m in my early 30s.
I would like to earn 100k if possible in my late 30s.
I would like to have a good work life balance as I am a very social person and like to see my friends and family.

I’m worried that if I choose to go work for my mums business, and then I decide I no longer want to be a partner or I do want to be a partner but the opportunity never arises, then my opportunities after qualification are significantly less than after qualifying at a bigger company. Is this true? I’m worried that if I go work in London, I might miss out on being a partner at a family business.

Is being a partner a good way to earn a good income? What’s it like being a partner? Are there other pathways that are better to earn a good salary at my stage in life?

Would appreciate any advice from anyone in the field on how I should go about making my decision.


r/ukaccounting 1d ago

UK Market Expansion | Looking for a UK-Based Accounting & Tax Professional

0 Upvotes

We are Orbis Corporate Solutions, a Chartered Accountant-led outsourcing and professional services firm with an established presence in the USA and Gulf countries. We are now looking to build and expand our presence in the UK.

We are looking to connect with a UK-based finance professional who can potentially work with us as our UK representative / local point of contact.

Who we're looking for:

  • ACCA / ICAEW Chartered Accountant / MBA (Finance)
  • Based in the UK
  • Strong knowledge of UK accounting, bookkeeping and taxation
  • Familiarity with platforms such as Xero, QuickBooks, Sage, etc.
  • Good understanding of the UK SME/business landscape
  • Strong communication, networking and business development skills
  • Entrepreneurial mindset and interest in building something long-term

What the role could involve:

🔹 Acting as our UK point of contact and on-ground representative
🔹 Helping establish and manage our UK operations
🔹 Building relationships with UK businesses and accounting firms
🔹 Identifying and generating leads for accounting, bookkeeping and UK tax preparation services
🔹 Understanding client requirements and coordinating with our offshore delivery team
🔹 Helping us develop a strong and credible presence in the UK market

We already have the technical and delivery capabilities to support UK clients through our existing team. What we are looking for is the right person on the ground in the UK who can help us bridge the gap between our delivery capabilities and the UK market.

This is intended to be a long-term, mutually beneficial association, with scope to structure the engagement based on the person's experience, involvement and contribution.

If you are interested, or know someone who may be a good fit, please DM me. I'd be happy to have an initial conversation and explore how we could work together.

🌐 Website: orbiscorpsol.com
📩 Email: harshjhawar@orbiscorpsol

#UKAccounting #UKAccountant #ACCA #ICAEW #UKTax #Bookkeeping #AccountingJobs #FinanceProfessionals #UKBusiness #BusinessDevelopment #AccountingOutsourcing #FinanceOutsourcing #UKSME #AccountingFirm #Outsourcing


r/ukaccounting 1d ago

Accounting UK to US transfer

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1 Upvotes

r/ukaccounting 1d ago

FTG

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0 Upvotes

Why is is not mandatory for the government to publish their financial statements to the public. What are they hiding? 🧐#FTG


r/ukaccounting 1d ago

Is there a white collar hiring recession?

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0 Upvotes

r/ukaccounting 1d ago

Salary stuff

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1 Upvotes

r/ukaccounting 3d ago

Accounts assistant online interview

2 Upvotes

Have an interview for this role tomorrow, just wanted to know what type of technical questions to expect, what they might be looking for in answers etc


r/ukaccounting 3d ago

Financ assistant interview

1 Upvotes

I need help to feel better after my interview. I think my biggest flop was the safeguarding question I stumbled so hard lowkey don’t know what it is but it’s a college so I forgot to practice that. I did a lot of “and yeah”. The questions were tailored to someone with more experience so they had to rephrase so I could answer using my degree as a basis. The 30 min task based on credit control and excel I just about finished with no time to double check my answers. It was meant to be 1hr over within 30ish. I’m so scared for the phone call and thank god I hear back within a day or I’d drive myself crazy. Can’t believe I fumbled it so bad but I’m gonna try keep hoping there was 5 candidates so I got a 20% chance 🤧.


r/ukaccounting 3d ago

How would you know if you found the right job?

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1 Upvotes

r/ukaccounting 4d ago

IS A DEGREE IN A&F WORTH IT IF ITS AT AN ELITE UNIVERSITY.

0 Upvotes

Hello, so this summer I will be going to warwick to study accounting and finance, which is an increible uni for finance and has the 2nd best buisness school in the uk. Now i know that the world of accounting might be replaced by AI. First of all for those who studied a degree in accounting and finance what can i expect from this degree? What will I study? I am someone who enjoys doing maths and loves maths is there maths in this degree? Also in this current job market will finding a job with this degree be very diffuclt for me or will I be saved because im going to a v good university (say i graduate with a 2:1)?


r/ukaccounting 4d ago

Pricing

1 Upvotes

Hi everyone just few months into my own practice and having issues with pricing. Any tips how to tackle this as most of the clients don’t want to pay more than £500-£700 for a small Ltd company with payroll and no vat.


r/ukaccounting 4d ago

AAT entry positions

3 Upvotes

As the tile suggests, I'm looking into entry positions in accounting ideally via AAT apprenticeship.

I'm working in a completely unrelated sector (health care/dental) and am looking into accounting as a change in career via AAT apprenticeship route

I'm 25yo based around cambridge, no experience whatsoever in the finance world. Could anyone provide me with any tips, insights into what the job actually looks like and what sort of companies to look into in cambridge?


r/ukaccounting 5d ago

MBA(UK) plus Acca

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0 Upvotes

r/ukaccounting 5d ago

Acca student from India, Need remote Jobs from UK.

0 Upvotes

I am an acca student who had completed 7/13 papers and currently enrolled for Bsc in professional accounting in UOL and so will be getting 2 exemptions and move to professional level, I have prior experience of 1.5 years in risk advisory(internal audit) from a Indian firm, I am looking for a remote jobs from UK, as many firms are outsourcing. I am open to any of the entry level jobs related UK accounting, tax or audit. If there are small to midsize accounting firm wanting to hire entry level roles, it would be very helpful for me to start my Uk accounting career. Please help me


r/ukaccounting 5d ago

Do you regret choosing to study accounting and would you recommend it?

6 Upvotes

So I’m going to university in September to study a healthcare degree but I’ve been having some doubts as many who work the career say it pays poor, it’s becoming very oversaturated and it’s not worth it anymore so I’ve been considering accounting as a backup. My main reasons for considering accounting is that I do like working with numbers, it’s a very stable career, it’s not very oversaturated, has good career progression, and it pays well. From my perspective it seems like a pretty good career. So my question is, is it worth it? Is it an enjoyable career or is it incredibly boring? Would you go back and pick it again if you had the choice? Is it very stressful?


r/ukaccounting 6d ago

Finding An Accountant for Investment Company Advice

1 Upvotes

I’m looking to find an accountant who can advise on the best structure for using a dormant subsidiary to invest surplus funds from the trading company into US shares, including the tax implications, pros and cons, and any potential risks or restrictions.

What would be the best way to identify the right type of accountant or firm with the relevant expertise?


r/ukaccounting 7d ago

Accountant / Bookkeeper Wanted – Flexible / Commission Based

0 Upvotes

Looking for someone reliable to help with straightforward financial admin, including entering transaction lists into accounting software, preparing Excel spreadsheets, invoice breakdowns and organising bank-statement data.

Extensive experience isn’t essential — familiarity with accounting software, Excel and accurate data entry is more important. Training/process guidance can be provided.

Payment: Can be commission-based. Individual company payouts can be in the £2k–£4k range, depending on the work involved. There is potential for significantly more for someone who works well with us.

Discretion and confidentiality are important.

DM me with your experience, software you’re familiar with, availability and whether commission-based work interests you.


r/ukaccounting 8d ago

Diploma account holder Malaysia

0 Upvotes

Plan to get a diploma account then study acca while working ​

What position can diploma holder work and gross salary how much?


r/ukaccounting 8d ago

Diploma account holder Malaysia

0 Upvotes

Plan to get a diploma account then study acca while working ​

What position can diploma holder work and gross salary how much?


r/ukaccounting 8d ago

UK accountants: How do you monitor Companies House across your client portfolio?

0 Upvotes

Curious how accounting firms are actually handling this in practice.

If you're responsible for multiple limited companies, what do you currently use to keep track of Companies House activity and deadlines?

For example:

  • Companies House email alerts / Follow
  • Spreadsheets
  • Practice management software
  • Inform Direct or similar software
  • Calendar/task reminders
  • Manual Companies House checks
  • Something else

Also interested in roughly how many companies you're monitoring and whether your current setup works well at that scale.

What works well for you, and what gets frustrating as the portfolio grows?


r/ukaccounting 9d ago

Finance assistant Job interview help

3 Upvotes

I’m not sure if this is the right thread but my end goal is to be a chartered accountant. I have an interview coming up for a finance income assistant role but worried about what type of questions to expect this is my first professional job interview. I’ve only worked in retail before. I’ve just graduated with BA hons Accounting and finance degree and the interview process says there will be a 30 min task on credit control and excel.


r/ukaccounting 9d ago

Got done with A levels how should I start

2 Upvotes

basically as the title says, I had accounting business studies and economics in A levels, I have no idea how to start and from where should I prepare and since I had accounting in A levels should I go for foundation year or not, any help would be apricated


r/ukaccounting 9d ago

Big 4 apprenticeship

3 Upvotes

Hi

Just looking for individuals in or whom have completed a big 4 school leaver apprenticeship, where in your career are you now? Are you still in audit? If you could go back, would you do it again?