by Hannah Adams | Mar 6, 2019 | Accountant, Blog, Bookkeeping, Small business, Sole Trader
Profit has grown for the last three quarters… Revenue is up year-on-year… Overall profit margins have increased for the fourth month running… The statements above point to the logical conclusion that a business is in good stead financially. Profit...
by Hannah Adams | Feb 1, 2019 | Blog, Making tax digital, Tax, tax returns, VAT
‘Making Tax Digital’ has been a hot topic for businesses and accountants over the last year or so. If you’re late to the party or haven’t had time to get your head around how it affects your business, read on! We’ve put together this blog post to answer all those...
by Hannah Adams | Dec 15, 2018 | Bookkeeping, Making tax digital
We all know that some habits are bad for us. But, when it comes to bookkeeping and your small business, it’s not always easy to spot bad habits before it’s too late. If you don’t stop them soon, you’ll be left with a mess, and a stressful one...
by Hannah Adams | Nov 28, 2018 | Bookkeeping, Making tax digital
Hot on the heels of taxes in a list of most hated topics for entrepreneurs, comes bookkeeping. For small business owners, it can be frustrating and bewildering in equal measure.It doesn’t have to be this way! Allow us to give you some fundamental advice — seven...
by Hannah Adams | Oct 30, 2018 | Blog
HMRC set notoriously strict deadlines with regards to filing accounts and making payments, and if you miss deadlines you’ll face penalties. Small business owners, sole traders or freelancers report to the HMRC, yet there are some extra requirements for Limited...
by Hannah Adams | Oct 17, 2018 | Accountant, Award, Outsourcing
We have news! Recently we spoke about having been nominated for an award, which we were really excited about. The award we were up for was ‘Accountancy Practice of the year 2018 for Yorkshire and the Humber’. As you can imagine, its a tough category!...
by Simon Adams | Oct 11, 2018 | Blog, Tax
“Can I claim for the printer I just purchased?” “How do I reclaim for petrol – do I keep my receipts?!” “I took a client out for lunch – is it tax deductible?” These are just some of the self employed expenses related questions that we’re asked on...
by Simon Adams | Oct 9, 2018 | Blog
Business owners often think they don’t need Bookkeeping services. According to Martin Campbell, managing director of Ormsby Street, 40% of businesses don’t make it to five years. Why? Well, the answer is often found in a company’s books. You might see...
by Hannah Adams | Sep 19, 2018 | Self Assessment, Small business, Tax, tax returns
Self Assessment Tax Sheffield Autumn is here, and now is the time you should be thinking about your self assessment tax return. If you’re a company director, or you have any other earnings from property or investments, then you’ll need to complete a return....
by Hannah Adams | Aug 16, 2018 | automation, Bookkeeping, cloud accounting, cloud software, Credit Control
Allow us to ask you this (and be as honest as you can) – how many hours does your business spend chasing payments (credit control). Any idea? And what about non-payers – the debts written off, and those you end up chasing through court? Can you even come close to...
