Many people will have heard the saying, ‘Work ON your business, not IN it’. In the small business world this can often feel impossible. There is never enough time in …
What we learnt about the future of business from Accountex 2022
In a rare excursion outside the office, our team spent two packed days of talks, presentations and freebies at the mega industry trade show ‘Accountex’. I’m sure an accounting conference …
3 Easy Ways to Check Your Own Book-keeping
If you are carrying out your own book-keeping on accounting software, this may sound familiar! You’ve done all the data entry. You pat yourself on the back for a job …
Don’t be a hedgehog
Right now, the UK is in a financial squeeze. You’ve only just come out of the most intense trading conditions during peak COVID and now this. It can feel like …
Why your business will make less money from April – unless you act now
For most small business owners, their business will become less profitable, or even unviable, from April. The same could happen to you – unless you act now. The main reasons …
How to use Xero for the first time – A beginners’ guide
Getting to know a new piece of software can be a daunting task. So, here’s some directions on what you should look at when you use accounting app Xero for …
How to set Business Goals to make 2022 your best year yet
Are you ready to make your 2022 New Year resolutions? More to the point, are you going to keep them? Despite our very best intentions, New Year resolutions don’t often …
How to avoid the Christmas Cashflow Crunch
The winter months can be a worrying time for many business owners. Depending on your business, managing the cash coming in and at the same time juggling what needs to …
Budget 2021 Highlights for Small Business Owners
Another year, another Budget! This year’s second budget was a little quiet on the tax front. While there were plenty of announcements around financial matters, in this blog we’ve covered …
Your Limited Company accounts: the difference between Dormant, Micro-entity, Full and Filleted
As a limited company owner, do I have a choice about the type of accounts I can prepare? In a word, yes. And what’s more, here’s why it matters! …
VAT Flat Scheme Explained (Basics)!
If you are VAT registered and looking for either: An easier life with your VAT obligations AND/OR A potentially cheaper way to deal with VAT This article is for you! …
‘Pool’ Cars for Small Business – Explained!
As business accountants, we regularly discuss with owners the issues surrounding the use of cars inside a limited company. Outside of the use of electric cars, company cars will cause …