The Autumn Statement and the effect on small businesses
The government has announced a cut to the main rate of Class 1 employee NICs from 12% to 10% from […]
Bookkeeping
Are you STILL issuing manual invoices?
Sales invoicing is another area of accounting that is labour-intensive and prone to errors when creating them manually. There may
Do you accept credit cards as a method of payment?
Whilst there is a “cost” to accepting credit cards, do you know how much business you might be losing out
Do you have a clear view of your business position on a regular basis
The accounts are all on the computer and, you think, the records are well maintained, and the bank feeds work
Benefits in Kind –P11d or PAYE Settlement agreement?
Many businesses will provide certain benefits to their employees that are intended to motivate or incentivise them, such as staff
The cash basis for unincorporated businesses to calculate profits – is it worthwhile?
The cash basis has been in existence for 10 years now, and it is a “simplified” regime to calculate taxable
National Minimum Wage – make sure you are not falling foul of the rules
Around 63,000 people were out of pocket to the tune of £5 million in the latest announcement by the government
Tax avoidance schemes – too good to be true and costly when it goes wrong!
There have been over the years all sorts of “schemes” dreamed up designed to significantly reduce tax bills. However, HMRC
Tax returns – please file early – do not leave till the last minute!
There are many reasons to file tax returns as soon as practicable, and filing early does not mean having to
Accounting – don’t be tied to the desktop – use the mobile apps
You don’t have to be at a desk using a PC to run your accounts. Whilst cloud-based products can be