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Updated 23/03/2017 Sometimes it would be much faster and more efficient if you were to enter your suppliers' invoices on your accounting system and send them a copy of their invoice afterwards! Well, you can do that if you have a self-billing arrangement with your...
Firms prepare for Making Tax Digital
Pensioners staying in work drives up retirement income
Late payment regulations support SMEs
Apprenticeship levy approaches
Chancellor Philip Hammond described his first and last Spring Budget as one that “takes forward our plan to
prepare Britain for a brighter future”.
A beginner’s guide to investing in small companies and the available tax reliefs for doing so. Starting a business is rarely glamourous. Many of the globe-straddling behemoths of the business world had low-key beginnings. Both Apple and Hewlett-Packard were famously...
SME borrowing set to rise in 2017
Retired household income up 13% since 2008
Small firms pay above minimum pension contribution
Financial concerns affect worker performance
Get up to Xero speed. Xero is beautiful accounting software that puts your financials at your fingertips and allows us to work with you or for you on your business accounts. Here you’ll find everything you need to know to thrive with Xero. But, before you dive in…
An introduction to the relationship between trusts and tax.
Trusts are a legal arrangement whereby assets are placed into the care of an individual who manages them for the benefit of someone else.
Despite our customers best efforts to pay what is due – you may have a customer who has accidentally overpaid you.
It may be that your customer pays you just a few pennies more than you’ve invoiced for – or they may have paid you hundreds more. How do you account for it?
Regardless of which accounting system you use – the concept remains the same, the only difference may be the terminology used. As we are Xero accountants, we will use Xero to show you what to do.
There are a few solutions for this, depending on the circumstances and desired outcome:
A guide to maintaining a healthy balance between money coming in and out of your business.
Self-assessment reminder
Tax and finance changes for 2017
VAT flat rate scheme changes