Helpful advice on what documents you need to have when running a business.
We have just launched our new client portal. This amazing interface allows clients to have easy, secure, online access to sign and view documents, agreements, complete information forms and upload requested documents. It’s been a labour of love to put it together, but that aim has been to allow clients …
Time is counting down to the arrival of HMRCs Making Tax Digital (MTD) for Income Tax. Self employed businesses and landlords with an annual business or property income above £10, 000 will need to follow the rules for MTD for Income Tax from their next accounting period starting on or …
Accountants across the country have experienced tax headache after tax headache with the constant changes and introduction of new tax schemes from HMRC. From the evolving SEISS and furlough support scheme to the domestic reverse charge for the Construction Industry Scheme and the IR35 reforms for off payroll workers – …
Coronavirus (COVID-19): advice for employers and employees if the workplace needs to close temporarily All non-essential premises must now close. This includes cafes, pubs restaurants, leisure centres, cinemas, theatres, Gyms, electronics and clothing shops. This will be a difficult time for both employers and staff, so its a good idea …
I have been asked ‘what should invoices look like and what should be in them’ quite a few times over the years. Invoices must by law contain certain information, I have supplied a link to the HMRC guidance page on this matter, for reference. HMRC Guidance – Invoicing and taking payments I would …
GDPR – General Data Protection Regulations There has been a lot of noise in the press lately over GDPR and it has gotten quite a lot of people in panic. So many people and businesses have misunderstood and think that GDPR is a new thing, its not. Every one has …
Time flies when you’re running your own business. Days can quickly turn into weeks as you focus on the day-to-day work. And sometimes you can work so hard it’s easy to lose sight of the big picture. A monthly checklist will ensure you keep your business on track. 1 …
This is a good time of year to review various parts of your business. Payroll is sometimes neglected in reviews, yet it’s an important topic. So here’s how to make payroll work perfectly for you, this year. Time to plan ahead If you’ve read our guide about new year’s accounting …
MTD – Making Tax Digital will change the way we all work and it has become mandatory from 1st April 2019. It’s part of the government’s plan to make it easier for businesses to stay on top of their day-to-day accounts. HMRC wants to be one of the most digitally …
I recently spoke with someone who didn’t realise that there was a legal requirement to have certain bits of information on their invoice. So I decided to produce a new page on this website, Keeping Your Books In Order which I will keep adding to over the next few weeks giving information …
