Management accounts – some frequently asked questions Posted at: Archive for August 9, 2018 Posted in: News Why do I need management accounts? If you’re planning on expanding your business, making capital expenditure or cutting back on costs, management accounts become very important to give you insights for your decision-making. Can’t I get this information from my annual accounts? By the time you come to review...
July 2018 Newsletter Posted at: Archive for July 26, 2018 Posted in: News I am pleased to send your copy of our most recent newsletter. Please click here to open it. Making Tax Digital for VAT (MTDfV) is on the horizon. There is now less than a year to prepare for this momentous change in the way VAT registered businesses interact with...
HMRC proposals signals cross-border tax change Posted at: Archive for July 19, 2018 Posted in: News Taxation has long been based around the physical presence of a business in a particular country. The huge expansion of the digital sector has, however, challenged our preconceptions. Many people would argue that if a global tech firm, for example, makes profits in a particular country, they should be...
A straightforward guide to effective team management Posted at: Archive for July 3, 2018 Posted in: News Adam Woodward has been learning quickly some of the best ways of achieving success and motivating a team. Here, he shares ten of his top tips. SHOW THAT YOU’RE HUMAN It’s important to be a real person, as it creates a more comfortable environment. People feel less intimidated when...
2019: the year VAT goes digital Posted at: Archive for June 28, 2018 Posted in: News Next April will see a major change in the way that businesses have to file VAT. It’s time to get prepared, says Paul Burton. April 2019 is looming fast and that means a big change in the way in which we account for VAT. From that date, any VAT-registered...
Ransomware – are your systems protected? Posted at: Archive for June 26, 2018 Posted in: News Ransomware is a word that can strike fear into businesses and individuals alike, especially after the recent news articles about the NHS infection and other global attacks from WannaCry and its derivatives. So what exactly is ransomware? It’s a malevolent piece of software which goes through your computer files and ‘encrypts’...
Could changing your accounting date help reduce your tax bill? Posted at: Archive for June 7, 2018 Posted in: News If you’re an unincorporated business (a sole trader or partnership), you have free choice when it comes to your accounting date says James Dawson. Some choose a date for commercial reasons – for example to fit in with a cyclical trading pattern or to fall in a slack period...
WHY WEAK PERSONAL SECURITY IS A RISK TO BUSINESS Posted at: Archive for May 22, 2018 Posted in: News Many businesses are becoming better protected in the IT sphere, argues Emma Woods, but the lax personal security of employees can still pose a risk. We’ve all become quite used to the idea of enterprise security. In business environments, there are often well-defined procedures and protocols for using IT and...
HELPING EMPLOYEES LIVE YOUR BRAND Posted at: Archive for April 17, 2018 Posted in: News How your staff can become ambassadors for the business Your company’s brand is one of your most valuable assets. It’s what differentiates you in the marketplace and cements your reputation. When employees believe in the brand, a business will prosper. So here are a dozen quick tips for ensuring...
HOW BIG DATA CAN SPELL TROUBLE FOR SMALL BUSINESSES Posted at: Archive for April 3, 2018 Posted in: News Watch out. HMRC is getting tough, writes James Dawson. And technology is playing an ever-increasing role in investigations. You might be surprised to hear that investigations into self-assessment taxpayers have been one of the fastest growing revenue streams for HMRC. In fact, £1.4bn was collected in 2016/17 – a...