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Brexit and your Business

It is perhaps the biggest political shakeup of the UK since World War 2, but while there are many words discussing hard Brexit, soft Brexit, politician’s performances and failings, what does it really

Keeping on top of your tax liabilities

Running a small business is hard work, much harder than anyone ever gives you credit for. It requires you to master many skills and take responsibility for so many aspects of running a

8 ways an accountant can help small businesses

On the off chance that you are bootstrapping, or beginning an independent venture on a constrained spending plan, you have presumably invested some energy attempting to make sense of where you can cut

HMRC plans to move paying your tax online by 2020

HMRC can now confirm that under Making Tax Digital: businesses will now be able to continue to use spreadsheets to record receipts and expenditure, which they can then link to software to automatically generate

Tax Strategy

Who must file a tax return?

The tax year is from 6 April to 5 April the following year. You’ll need to send a tax return if, in the last tax year: You were self-employed. You got £2,500 or

Deciding Which Accounting Services You Need

The human brain is a magnificent organ, capable of storing an estimated 2.5 petabytes. Petabytes are bigger than gigabytes. Yet, no person can remember everything–especially when it comes to tax laws and how

Get yourself ahead of the pack

Formal and Informal Systems All businesses have systems. They make the wheels of your business turn. Some systems are formal but many are informal.  Systems that are informal can keep your business wheels

Barber responds to new competition

Scenario A well-established barber shop in a small town was hit hard when a new barber moved into the area and set up shop. Having held a monopoly prior to the arrival of

Time for a change…and quickly!

Ever heard the expression “time is money”? Well, it’s never more true than when it comes to making changes to your business. While change is not something that most people embrace quickly or

Are the Vital Signs of your business Healthy?

A healthy body demands routine checks and examinations. So does a healthy, thriving business. No matter what stage your business is in, to keep it going you must check its systems, pay attention

What’s your purpose? Why are you in business?

If you don’t know, your customers surely don’t. More importantly, if you don’t know, you won’t be able to tell your customers why they should choose you over your competitors. Answering this simple