Entries by admin

Financial Clarity – How To Sleep At Night

So, what’s stopping you from sleeping soundly? I would say like a baby, but we all know they sleep terribly … Lying awake at night, with a thousand thoughts racing around your mind is a horrible state to find yourself. It leaves you exhausted and cranky with anxiety slowly clawing at your thoughts. This is […]

Spring Statement 2022

A detailed round-up of 2022 Spring Statement and changes coming up in the 2022-2023 tax year is this downloadable PDF prepared by The Institute of Certified Bookkeepers. Click the link below to download your copy: Spring_Statement_2022

3 Lessons Digital Agency Owners Can Learn from Nick Suckley?

The book “Start. Scale. Sell. 75 Lessons for Business Success” arrived on Friday morning and I have finished reading it by Sunday. The book just flows and is an easy read with concise lessons and examples. I believe any agency owner reading this would relate to most lessons Nick Suckley learned building and selling Media21 […]

6 Reasons your bookkeeper is harming your business

Whether your bookkeeper is someone you have employed years ago, maybe it’s the admin assistant, or even your wife or mother in law, you need to be confident that they are doing a good job and looking after your business’ bottom line. A competent bookkeeper could be the difference between helping your business grow or […]

Covid-19 Government Support Update September 2020

On 25th September the government announced further Covid-19 support for employees and businesses. Below is our summary of the support schemes coming up. Talk to us if you need help with claiming the support or making a plan for the future of your business – our team is here to support you in any way we […]

6 Top Tips on Keeping Your Xero Tidy

Now is the perfect time to go through your Xero and give it a good tidy up. We recommend checking your contacts, bank reconciliation and bills regularly to avoid errors and headaches. It will save you hours later trying to figure out what has gone wrong. 1. Contacts  Is your Contacts list getting out of […]

What is Xero Business Snapshot?

Business Snapshot is a dashboard-style report displaying business performance measures to help you better understand the financial position of your business at any given time. Examining your key business metrics regularly will help you keep on track with your growth. The dashboard gives you a snapshot of your income and spend and highlights if there […]

Coronavirus Job Retention Scheme – how to claim

Here are the links on what and how to claim for Coronavirus Job Retention Scheme. 1. Check if you can claim for your employees’ wages through the Coronavirus Job Retention Scheme 2. Work out 80% of your employees’ wages to claim through the Coronavirus Job Retention Scheme 3. Claim for wages through the Coronavirus Job […]

Tax Filing and Payment Deadlines

Meeting your tax filing and payment duties For any company or individual, meeting their deadlines when it comes to filing and payment of taxes to the government is essential. It is the responsibility of every business to meet their deadlines without fail, as missing these will trigger the risk of getting a penalty. Here are […]

5 Reasons You Need a Cash Flow Forecast

Cash is the lifeblood of all business, especially for start-ups and small enterprises. We all know the phrase “cash is king”. If a business runs out of cash and is not able to obtain new finance, it will become insolvent. It is essential that business owners forecast what is going to happen to cashflow to […]

Why should your business set a budget?

Time and money are the most valued resources for all individuals and organizations. Efficient and effective use of these resources requires planning and sometimes creativity, especially if you are starting out or are a small business. Planning on how to use your time and money in your business alone is not enough, as you and […]

Record Keeping Under MTD

Making Tax Digital for VAT requires VAT registered businesses with taxable turnover above the VAT registration threshold to keep records in digital form and file their VAT Returns using software. It is increasingly common for business records and accounts to be kept digitally, in a software program on a computer or tablet, or in a […]

App of the Week – AutoEntry

With every task we do, we always ask the question “Is there a better way?” And with day to day bookkeeping – YES, there is! That’s why AutoEntry is our choice of The App of The Week. AutoEntry simplifies your business’ bookkeeping. It eliminates manual data entry for accountants, bookkeepers and small businesses. It automates […]

What does Balance Sheet tell you about your business?

Balance sheets are used internally to guide management decisions. Externally, they can be used to report the financial status of your business to lenders, investors and other stakeholders. The balance sheet gives you a snapshot of how much your business owns (its assets) and how much it owes (its liabilities) as at a given point […]

Are you wasting time processing expenses?

Expense claims are an administrative burden for all businesses. From taxis, flights, meals, supplies, and everything in between – there are countless expenses that need to be reimbursed to the people who work at the company. But it’s amazing how the simple task of reimbursing employees turns into a paper-filled back-office nightmare. With many apps […]