on 03-Jul-2019

Home Office Expenses

  Home Office Expenses When you are just starting out in business, you need to keep your expenses down as much as possible. As a result, most start-up businesses will operate ...

on 17-Jun-2019

Bed and Breakfasting Rules for Shares

Bed and Breakfasting Rules for Tax For most people, the phrase “bed and breakfasting” calls to mind visions of small guest houses and morning meals that largely consist of fried food. ...

on 03-Jun-2019

Private Residence Relief Changes

    Private Residence Relief Changes   Whilst most asset sales are subject to Capital Gains Tax (CGT), there has always been one asset that is exempt. That asset is the taxpayer’s home, with gains on a property that has only ever been an individual’s home being...

on 17-May-2019

Scams

  Fake Bailiffs, counterfeit refunds and dodgy deals Whilst we and our clients work hard to earn a decent living, not everyone is so conscientious. There are many out there...

on 03-May-2019

Tax Advantages of Tying the Knot

  Tax Advantages of Tying the Knot If there is one part of life where tax should not be a factor, it is the decision to get hitched. However, if you have already made that decision, ...

on 17-Apr-2019

Changes for the new tax year

Changes for the new tax year As 5th April rolls around again, it brings with it the annual adjustments to various rates and allowances for tax. The changes taking place from 6th ...

on 05-Apr-2019

National Minimum Wage

  National Minimum Wage The National Minimum Wage was first introduced back on 1st April 1999. The intention was to ensure that full-time workers received a wage that was sufficient to cover the typical cost of living. The rates have been reviewed annually since its creation,...

on 14-Mar-2019

How to run your business from your smartphone

How to run your business from your smartphone   Business today is run very differently from how it was years ago. Advances in digital technology have given us the ability to work from pretty...

on 13-Feb-2019

Embracing cloud technology in the workplace

Embracing cloud-based technology in the workplace   Over the last few years, the development of cloud-based technology has transformed the way we work. So how has it changed the role of the accountant ...

on 08-Jan-2019

Making Tax Digital

Making Tax Digital   Managing UK tax affairs is changing for businesses, accountants and bookkeepers. From April 2019, digital tax management is becoming mandatory for VAT-registered businesses...

on 05-Dec-2018

Survival tips for small and seasonal businesses

Survival tips for small and seasonal businesses   There’s a widespread myth that most start up companies fail in their first year of business. The truth is that just over half (51%) make it past...

on 12-Nov-2018

How to survive BREXIT

  How to survive BREXIT: An accountant’s point of view   With the ongoing uncertainty of how Brexit will affect British businesses and trade, firms are facing potentially turbulent times ahead.   While it may feel like Brexit has created unprecedented levels of uncertainty, business and consumer confidence regularly gets knocked by...

on 30-Oct-2018

Trick or Treat? Hammonds Autumn Budget 2018

  This was Philip Hammonds pre-Brexit budget and has been dubbed “the end of austerity”.Some commentators say it is a pre-election budget with treats in it for the Tory voters.So, what was there in this Autumn 2018 budget that impacts small...

on 20-Sep-2018

Five ways a good accountant can help your business

  Five ways a good accountant can add value to your business Hiring a good accountant can add real value to your business. Not only will they help you manage your finances, they will also help you make better business decisions, grow your company and save you time and money. ...

on 15-Aug-2018

Baffled by business expenses P2

  Baffled by Business Expenses? Part Two: Capital Allowances In part one of Baffled by Business Expenses we looked at ordinary allowable expenses. But there are other forms of business expenditure that are tax deductible. Under the Capital Allowances Act, businesses may claim for assets purchased for use in the business....

on 15-Jul-2018

Baffled by business expenses P1

Baffled by business expenses? Part One: Allowable expenses Maintaining a record of costs is essential to keeping track of the health of your business’ finances, but business expenses can be a total...

on 18-Jun-2018

Invoice legislation

  How to nip late payments in the bud   Chasing late payment of invoices doesn’t have to be the bane of your business, says Nikolai Naylor. ...

on 30-May-2018

Xero Vs QuickBooks

In online accounting software, there are undoubtedly two big names out there - QuickBooks and Xero. Both offer payroll, invoices, transactions, bank feeds and much more so how do you choose which accounting software is best for your business? To help, we’ve summarised ...

on 23-May-2018

GDPR is here!

  What is the General Data Protection Regulation (GDPR)? After more than four years of discussion and negotiation, GDPR was adopted by both the European Parliament and the European Council...

on 23-May-2018

Five tips for choosing an accountant

 Five tips on choosing an accountant Choosing an accountant can be a tough and lengthy task. A good accountant is one you can trust, depend on and who offers you advice and guidance that will help your business grow. Here are a few tips to help with...