You can’t get paid if you don’t ask for money

8th July 2021

There's no point doing brilliant work if you are slow to send invoices, because you can't get paid if you don't ask for money. Read More

Gaming and Business

5th July 2021

Gaming and business. Grinding and levelling up. Living and learning. Read More

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6 Tips for Filing Your Self Assessment Tax Form

4th January 2021

Filing your self assessment tax return for the first time can be daunting. This article offers tips and advice for making the process easier. Read More

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7 Things Businesses Should Know Before The End of Tax Year

30th November 2020

Before your company year end arrives there are some important steps to take that can help to minimise your tax bill. Here are some tips on what to do. Read More

what-to-include-management-report

What Should Go Into Your Management Report

4th November 2020

Consistent and properly organised management reports help keep a business on track. Collecting and analysing data provides a crucial insight into the state of projects, departments, resourcing, staffing and finances, and allows senior management executives to make informed decisions about the future of their company, and increase performance and profitability. This article outlines what should […] Read More

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Have you declared your Airbnb income to HMRC?

5th October 2020

Have you told HMRC about your Airbnb income? Made sure it’s on your personal tax return? If not, then the 2019 Airbnb accounts that have been filed with Companies House and HMRC include an interesting line that you should probably take note of. The company is going to share data with HMRC about the earnings […] Read More

Covid

Time to ditch the spreadsheets for Xero?

Interesting news on the COVID front today.  Apparently the UK grossly understated the number of recent new cases due to a spreadsheet error. Now I don’t know exactly what the spreadsheet error was, but the fact that it happened isn’t exactly surprising.  I’m sure we’ve all experienced it over the years – a formula isn’t […] Read More

Coronavirus Impact

New Job Support Scheme – Furlough Replacement

25th September 2020

Chancellor Rishi Sunak has announced the government’s plan to protect jobs and support businesses in the coming months. Key parts of the announced Winter Economy Plan include: a new Job Support Scheme, extension of Self Employment Income Support Scheme, an extension of the VAT cut for hospitality and tourism sectors, and help for more than […] Read More

8 Common Mistakes Companies Make When Doing Payroll

The 8 Common Mistakes Companies Make When Doing Payroll

18th September 2020

The monthly payroll is something that most businesses have to do, and it’s important to get it right. There is a lot to know about payroll, and small mistakes made by someone in the payroll department could lead to underpaying or overpaying employees or failing to meet the regulations – which could lead to fines. […] Read More

Small-Business-Guide-to-Profit-Loss-Accounts

The Small Business Guide to Profit and Loss Accounts

19th August 2020

Businesses must prepare several annual accounts every year. One of these is your balance sheet, which shows what you owe and what is owed to you, and another is your profit and loss account. In this guide, we’ll be looking at the profit and loss account to provide you with a better idea of everything […] Read More

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