8 11, 2016

No more tax returns? Welcome to Digital Tax.

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

We are seeing the biggest shake-up on Self-Assessment for years, HM Revenue & Customs (HMRC) wants its relationships with taxpayers to have become almost exclusively digital, and digital tax accounts represent a significant step towards this goal. Under the new system, an organisation’s or an individual’s digital tax accounts will be accessible by them at [...]

2 11, 2016

Termination Payments, the Rules are Changing….

By | November 2nd, 2016|Uncategorized|0 Comments

From April 2018, the treatment of termination payments made by employers will be changing, employer's, but not employee's NI will be charged on all termination payments that exceed £30,000. As an additional cost to employers, this will potentially make redundancies much more expensive. HMRC are also planning on consulting on wider changes to the tax and [...]

25 10, 2016

Choosing your Business Entity.

By | October 25th, 2016|Branding, Business, Finance, Leadership, News|0 Comments

So you’ve decided to take that business idea floating about in your head, and turn it into a reality; you’ve got a name, now you just need an Entity- but which is right? You should assess the types based on your available time, commitment and resources, and consider long-term goals for your business. Although you [...]

19 10, 2016

Does your Accountant know how your business works?

By | October 19th, 2016|Business, Finance|0 Comments

Do you know to the penny how much your Accountant is going to charge you this year? Can you call your Accountant at any time, just to ask a question or get a second opinion on a business decision? Is your Accountant working with you to grow your business? Does your Accountant know how your [...]

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 [...]