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...
by Hannah Adams | Aug 10, 2018 | Accountant, automation, Bookkeeping, cloud accounting, cloud software
You may not realise that a bookkeeper’s role and an accountant’s role are very similar in some instances. After all, both roles involve your businesses financial information. The key point is how each role deals with it, and what their job means to your business. ...
by Hannah Adams | Jul 26, 2018 | automation, Bookkeeping, cloud accounting, cloud software
Book-keeping for businesses is no longer about having someone sitting at a desk 5 days a week. Trawling through endless invoices and receipts and entering them into ledgers is a thing of the past. It has come a long way from there. Automation is no longer the future...
by Hannah Adams | Jul 12, 2018 | Making tax digital, Self Assessment, Small business, Sole Trader, Tax, tax returns
Life as a small business has many perks, but doing your own taxes sure isn’t one of them. Indeed, a recent report commissioned by the Government named tax one of the top challenges faced by small businesses in the UK. And it isn’t hard to understand why. Getting all...
by Hannah Adams | Jul 3, 2018 | Self Assessment, Small business, Tax, tax returns
How much does an accountant cost? The short answer is ‘this depends’– which probably isn’t the answer you wanted. Each business and individual is different. Therefore putting an exact figure on the cost can be tricky. So how much does an accountant cost? Accountants...
by Hannah Adams | Jun 25, 2018 | Self Assessment, Small business, Tax, tax deductible, tax returns, VAT
Entertaining – Does this reduce my tax bill? How often do you hear ‘I’ll put it on expenses. Let me take you out to lunch. I’ll get this. I’ll put it through the business’? It certainly appears a lot on TV and in films, and sounds great, but what is actually allowed...
by Hannah Adams | Jun 20, 2018 | Small business, Tax, tax returns, VAT
Looking for ways to minimise your tax bill? Filing taxes each year often leaves business owners feeling little sore. There is always that nagging feeling that you could be saving money on your tax bill, but you’re not sure how to actually do it. The good news is,...
by Hannah Adams | Jun 19, 2018 | cloud accounting
Run your business anywhere, anytime with Xero accounting software. We have a last minute offer for 50% off Xero accounting software for six months! Grab it while you can ends midnight tonight – Tuesday 19th June 2018....
by Hannah Adams | Jun 12, 2018 | tax returns
What does ‘Making Tax Digital’ mean? With so much of your lives already on a digital platform, it would be easy to consider tax as already being digital. You already complete and file tax returns online. The HMRC’s new scheme wants you to tell them your income...
by Hannah Adams | Apr 16, 2018 | VAT
VAT is one of the key tax considerations for businesses of every size. Whether you’re just starting out or already established, you need to understand the impact of VAT on your business. VAT, or value added tax, is a consumption tax levied in the UK and elsewhere. The...
