by Lisa Dickson | Jan 18, 2017 | Accounting 101, Bookkeeping 101
https://caseron.co.uk/wp-content/uploads/2017/01/Adjusting-for-Overpayments_Xero.mp4 How do you account for an overpayment in Xero? Despite our customers best efforts to pay what is due – you may have a customer who has accidentally overpaid you. It may be that...
by Lisa Dickson | Oct 9, 2016 | Bookkeeping 101, Small Business Accounts
If you have decided that you want to take care of your own accounts and do your own books – you need to watch out for the pitfalls and acquire some new skills! Being your own bookkeeper can be very rewarding, save costs and can teach you much about your own...
by Lisa Dickson | May 25, 2016 | Bookkeeping 101, HMRC and tax, Small Business Accounts
Claiming for fuel – how good record keeping can save you money. Driving a company car If you are driving a company car, it’s likely that the fuel costs are covered by your company and you are paying a taxable benefit in kind on the fuel. You don’t...
by Lisa Dickson | May 11, 2016 | Bookkeeping 101, HMRC and tax, Small Business Accounts
If you are VAT registered in the UK, it is a given that you can reclaim any VAT you might be charged by a UK supplier. Common EU Suppliers But what can you do when an EU supplier charges VAT on their invoices? The most common ones we see with our client’s...
by Lisa Dickson | Mar 27, 2016 | Bookkeeping 101, HMRC and tax, Payroll
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? Employment allowance The employment allowance (EA) is a credit that employers can...
by Lisa Dickson | Mar 26, 2016 | Bookkeeping 101, Small Business Accounts
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! File your...