by Lisa Dickson | Jul 21, 2016 | Small Business Accounts
For most small businesses, placing an order can be as simple as calling your supplier and requesting goods or services or sending a quick email. But as your business grows, the need to manage purchasing will also grow. One way to keep on top of your purchases is to...
by Lisa Dickson | May 26, 2016 | Accounting 101, Small Business Accounts
The rules governing accounting standards are undergoing the biggest change in 30 years which impacts the way companies have to report their accounts. Here follows a very high-level guide to the new accounting standards that WILL affect your business. So what is...
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 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...
by Lisa Dickson | Mar 7, 2016 | Bookkeeping 101, Small Business Accounts
It’s month end – are you ready to look at your accounts and see how you performed this month? First of all, let’s run through our month end checklist to make sure all transactions are posted and all our important accounts are reconciled. What do we...
