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There are more than 3 million family businesses in the UK, which between them employ more than 9 million people and contribute 15% to GDP.
Despite these successes, family businesses often experience difficulties when it comes to passing their businesses to younger generations. Our guide will help you consider those first steps to transferring a business to a family member.
2016 Guide to Personal Tax Planning.
The overriding aim of all personal tax planning is to legally reduce the amount of tax paid on an individual’s income, so what strategies can we utilise in 2016?
The Three M’s of Marketing are going to be your best friend, and your lover throughout the planning and execution of your marketing strategy, why? Well because these will help you identify and plan your strategy. The M’s themselves stand for Market, Message, Media, and need to be in that exact order when planning….
From 6 April 2016 one-man companies will cease to qualify for the employment allowance (EA). Adding your spouse to the payroll has been suggested as a way around this. Is it that simple?
Before you file your VAT Return, you will need to review it carefully to make sure that it is correct for the period.
Print, laminate and reuse our handy pre-submission VAT checklists to make sure you haven’t missed anything before you file your VAT return.
So you are really busy, constantly travelling or you just have so much to do – you don’t have time to sort your expenses? It’s one of those ‘Eat That Frog’ kind of tasks – stop putting it off and just get it done!
You can trade without making a profit, but you can only run out of cash once. Cash is the lifeblood of the business, so it must be treated as such Effective credit control can be achieved by implementing procedures to ensure regular review and persistent chasers....
It’s month end – are you ready to look at your accounts and see how you performed this month?
First of all, lets check we have posted everything we should to our accounts…
Frustrating isn’t it when you have to keep typing your email address into Xero when you want to log in!
Well, actually you don’t have to. You can set up this quick and easy browser shortcut to your Xero account.
Sometimes, no matter how hard you try. You just can’t reconcile that supplier account in Xero to the statement that the supplier has sent to you. So what do you do?
This article focuses on the reconciliation of a messy supplier account, as this is a common problem we help our clients to resolve. The same process can be applied to messy customer accounts.