One of the most tedious and sometimes embarrassing tasks as a business owner is chasing people for payment. It can be gruelling, time-consuming and frustrating sending constant e-mails making regular…
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CONCEPT BLOG
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When running a business you need to be profitable but some circumstances can lead to making losses. Over the past 18 months, Covid measures might mean your usually profitable company…
The Xero accounting platform is a great tool for preparing management accounts. These reports are useful for your internal staff as well as for your accountant. Management accounts allow you…
While life is returning to some semblance of ‘normality’ business owners may still be struggling and require business financial support. For the self-employed, clients may have been forced to close…
Keeping paper records is quickly being consigned to history as Making Tax Digital (MTD) has changed how we work. If you don’t know about MTD, you are likely to be…
If you’re selling up or looking for investment, you maybe wondering: What is my business worth? Looking at your turnover and multiplying it by a number is not the way…
VAT codes can be confusing and making VAT mistakes worries almost one-fifth of small business owners. According to a study, 18% worry about making mistakes, while 19% fear they’ve missed…
Time is running out for business owners to submit P11D forms. Each year, these forms – which report employees’ benefits in kind – need submitting to HMRC by 6 July….
Many business owners are so busy running their company they can be caught off guard when the time comes to pay VAT or year end tax bills. Tax bills are…
