11 10, 2016

Is it time for a Price Rise?

By | October 11th, 2016|Business, Finance, Leadership, News, Uncategorized, Xero|0 Comments

When did you last implement a price rise for your service or product? Very often small business owners fear they'll lose customers if they raise their prices, so prices remain the same year after year, while the cost of doing business and the cost of living goes up. Make sure that you don't fall into [...]

7 10, 2016

Do you know your numbers?

By | October 7th, 2016|Uncategorized|0 Comments

Do you know your numbers? As a small-business owner, your days are packed with an endless number of tasks that keep your business on track. Often when time is tight, some of these tasks are neglected and the financial side of the business is first to suffer - but that's a big mistake. It is [...]

3 10, 2016

It’s time to choose Abacus Accountancy

By | October 3rd, 2016|Business, Finance, News, Uncategorized, Xero|0 Comments

Why? Because at Abacus Accountancy we're not your average accountants. Think of us as your Virtual FD, on hand to discuss all areas of your business and advise on financial issues. We make it our business to know yours, our goal is to understand and get to know the ins and outs of your business, we [...]

27 09, 2016

Are Taxes, Taxing you?

By | September 27th, 2016|Business, Finance, Uncategorized|0 Comments

When you start your business you are aware that the good people at HMRC are very keen to know how things are going and how many of your hard earned pennies they are entitled to. So it is essential that as a business owner and employer that you are well versed on which tax is [...]

20 09, 2016

Auto Enrolment – Are You Too Late?

By | September 20th, 2016|Business, Finance, News, Uncategorized|0 Comments

With the staging dates for many employers having been scheduled this year, many companies are now in a position where Auto Enrolment is costing the money by way of fines and penalties, before they have even paid a penny towards an employees pension pot!!!! A recent study by the Federation of Small Businesses (FSB) states [...]

16 09, 2016

Does your PPI Piggy owe HMRC some Pennies?

By | September 16th, 2016|Business, Finance, News, Uncategorized|0 Comments

We've all had the cold calls, e-mail, texts and even switching on the radio brings the same message "Have you been mis-sold PPI?" Many people have answered "Yes" and instructed these agents to pursue their claim for them. If it is found in your favour, you will be issued a compensation payment minus the agents [...]

8 09, 2016

VAT Registration – Yes or No?

By | September 8th, 2016|Business, Finance, News, Uncategorized|0 Comments

Your business should register for VAT if your “taxable supplies” over the past 12 months has exceeded the VAT registration threshold. From April 2016, the VAT registration threshold is £83,000 (previously it was £82,000). If at the end of any given month, the total value of all your taxable supplies over the previous 12 months [...]

6 09, 2016

Digital Tax – How will it Work?

By | September 6th, 2016|Business, Finance, News, Uncategorized|0 Comments

Digital Tax is here. How you report your earning and how you pay your tax is all about to change. The Governments aim is for HMRC to be interacting digitally with all taxpayers by 2020. Here are the main changes: - Businesses and individual taxpayers will be able to register, file, pay and update their information at [...]

30 08, 2016

HMRC Marriage Allowance – for RICHER, for poorer….

By | August 30th, 2016|Business, Finance, News, Uncategorized|0 Comments

....getting married, it's a good excuse for a party, you get to eat cake, drink fizz and tie the know with the love of your life. But did you know that after the wedding you could actually be better off!!! The Marriage Allowance was introduced by HMRC in April 2015 and could save you £220 [...]

23 08, 2016

HMRC and the Mystery of the Missing Milk

By | August 23rd, 2016|Business, Finance, News, Uncategorized|0 Comments

"Tax inspection", two words guaranteed to send a shiver down the spine of any small business owner. A small number of these investigations are triggered at random, to enable HMRC to check that they are targeting their inspections properly and also so that nobody feels safe, the majority however, happen when HMRC believe they have [...]