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
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
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
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
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
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
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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