How to get those invoices paid quickly…..

The problems faced by small business due to late payments have been very much in the news lately, as a business owner you are very aware of the importance of getting paid on time and that payment delays can seriously disrupt cash flow. When searching for ways to speed up payment, keep in mind that [...]

By | June 16th, 2017|Business, News|0 Comments

Time for a new Accountant?

It can be difficult to know what to expect from your accountant. This makes it hard to decide if it’s time to move on, when you feel it is time for a new accountant. We’ve put together this simple guide to help you navigate this minefield:   Do you get on? Although this seems silly, [...]

By | February 1st, 2017|Business, Finance, News, Uncategorized|0 Comments

The self-assessment tax deadline is looming……

....we all know that businesses need to pay tax, but how many sole traders and small businesses are actually properly advised on what they should be paying? If you’re trading as a sole trader or partnership you are eligible to to pay (how much you actually pay is a whole other ball game!!) Income Tax [...]

By | January 6th, 2017|Business, Finance, News, Uncategorized|0 Comments

£300 of TAX FREE wine and gifts for Christmas!

Here’s the deal: If you own a company, or employ staff you can give gifts of up to £50 per employee totally tax free under HMRC’s Trivial Benefits Exemptions! If you are a director of the company, you count as an employee and therefore you can award yourself a gift! This can be practically anything [...]

By | December 16th, 2016|Business, Creative, Finance, News|0 Comments

Wrongly claiming expenses! STOP now.

What you can and can't include when claiming expenses for your business can be a bit of a minefield, here are a few pointers to stop  you getting into bother with the good people at HMRC:   Throwing money away!! Every single receipt is precious for a small business. You don’t need a personal assistant [...]

By | December 8th, 2016|Business, Finance, News|0 Comments

Freelancers and the Gig Economy

Are you a Freelancer making your way in the Gig Economy? Living off your creativity brings with it a huge amount of satisfaction and the feeling of being independent, your own boss. But there are certain things that can burst that bubble, one of which is sorting out your accounts and (sorry we've got to [...]

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

Do you need a Business MOT?

We’re just over half  way through the financial year, so maybe it’s time for a “Business MOT”. You make sure your car is fit to get you through the year, so why not do the same with your company? Here are the main areas that should be reviewed to make sure you are hitting your [...]

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

No more tax returns? Welcome to Digital Tax.

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 [...]

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

Choosing your Business Entity.

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 [...]

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

Is it time for a Price Rise?

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 [...]

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