One of the great advantages of cloud accounting is that your professional adviser is there with you in real time, writes Emma Woods. While it’s true that the key driver for using cloud accounting systems has been the government’s Making Tax Digital programme, we’d usually advise all our clients...

Are you a budding entrepreneur who’s selling products over the web from your back bedroom? Or perhaps you’re renting out one of your rooms via Airbnb? From the start of the 2017/18 tax year, it’s been possible to claim annual tax-free allowances – one related to trading and the...

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...

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...

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...

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...

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 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’...

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...

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...