Are you claiming VAT at the appropriate rate on expenses?
Many software packages have a “default VAT rate” which can be set for each expense code. This can speed up […]
Technology
Cash flow is essential – make it easy for customers to pay
Cash flow is vital for business success and most people are aware of the phrase – Cash is King. Your
Open banking – a game changer
There is a lot of interest in “open banking” – a simple and secure way of helping you make more
Reporting and management information!
What information do you get regularly from your accounting software? How automated is this reporting? How many reports are created
National Minimum Wage – make sure you are not falling foul of the rules
Around 63,000 people were out of pocket to the tune of £5 million in the latest announcement by the government
Tax avoidance schemes – too good to be true and costly when it goes wrong!
There have been over the years all sorts of “schemes” dreamed up designed to significantly reduce tax bills. However, HMRC
Tax returns – please file early – do not leave till the last minute!
There are many reasons to file tax returns as soon as practicable, and filing early does not mean having to
Class 1A National Insurance – on benefits in kind
All P11d forms notifying benefit in kind should be filed with HMRC by 6 July 2023 and employees should be
Accounting – don’t be tied to the desktop – use the mobile apps
You don’t have to be at a desk using a PC to run your accounts. Whilst cloud-based products can be
Automated Accounts review
Especially for those that use Xero or QuickBooks! If you use Xero or QuickBooks for accounting purposes, there are various