Please note: The information contained in this site is provided for information purposes only and is of a general nature. It is not a substitute for specific professional advice related to your own circumstances. You are recommended to obtain specific professional advice before you take any action. Thank you!
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
A guide to rewarding your staff and the tax treatment of employee benefits. Many of us do not really think about the commitment that employees make to their employers in terms of time. The average 9 - 5 worker with their 5.6 weeks of statutory holiday is likely to...
Selling goods and services overseas for beginners.
Internationalising your client base can be an intimidating prospect for small business owners with no experience in trading overseas.
Small businesses offered alternative route to finance
£17 billion in workplace pensions by 2020
Business rate changes from April 2017
Autumn Statement 2016 round-up