We all want to save time, money and stress! And at Abacus, this is something we belive in passionately.Our clients enjoy having more money and time to spend on important things outside of their business, along with less stress. Is your business stifling your freedom? Being...
As the director in a limited company, dividend payments are the usual way for you to take money out of the company – and see a financial return on your investment into the company. Dividend payments made to the company’s shareholders when the business has made...
What exactly is a forecast? Well, for centuries, accounting was all about reviewing historic information – but that only told you about the past, not what was going to happen in the future. If you’re only looking back at past periods and historic numbers, that limits...
Most of us aim for work-life balance, but it can be a tricky thing to do when everything gets busy. Here are a few tips that might help at any time of year: Take holidays - Holidays are great for allowing you to reset your thinking...
If you haven’t yet heard about the government’s new Making Tax Digital (MTD) scheme, and you own or run a business in the UK, it’s about time you got your head around the new legislation (and how it’s going to change your tax practices moving...
In case you've noticed something different about us - we have a brand new website! We’re pleased to unveil our brand new website, which has been designed and developed by local designer Hannah Howat, and written and optimised for search by content development firm Indy Consultancy. What’s...
With the tax rules and regulations changing on a regular basis, it may be advisable to seek advice from an accountant to check you are paying the correct amount of tax; as either an individual or as a company. This can avoid any potential nasty...
Starting a new business can be a very stressful time, but it is important to make sure you have measures in place to ensure you do not trip at the first hurdle. Businesses are most vulnerable to failure during the early years of trading, with...
So what's all the fuss about business networking? Here at Abacus, we pride ourselves in keeping in contact with our current clients, but also in developing relationships with new potential clients. Networking events are a great way to meet new people face to face and, over...
Reasons To Be Self Employed So you’re thinking about becoming self-employed? What should you do? Well, first things first you need to contact HMRC. You should tell them that you want to register as self-employed and also the date you started your business. You then need...