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Cash Is King – Even large seemingly invincible Companies can go under from lack of cash

Ever wondered how some giant businesses, seemingly invincible, crumble overnight? You know, once upon a not-so-distant time, there was a kingdom of joy called Toys

Why accurate information can make the difference between business success or business failure

“‘Knowledge is power,’ quipped Francis Bacon. But how many of us are truly empowered?” Once upon a time, in the land of VHS tapes and

Focusing on cost reduction can significantly increase your profits

As Ben Franklin once said, ‘Beware of little expenses. A small leak will sink a great ship.’ 🚢 After the second world war in Japan,

Tax Avoidance – A Very Tricky Subject

“Picture this: it’s the end of the financial year, and a letter arrives from the HMRC…”✉️ Remember the intriguing case of Liberty, the notorious tax

Small Businesses – Should I buy a car on my company?

I am asked many times should I buy/ Lease a car on my company or pay for it personally. The answer as always is never

Small Businesses – Common Mistakes Made In Bookkeeping

We generally use Xero for keeping the books of our clients, we offer them the choice, we do the bookkeeping or you can do it.

Small Businesses – It’s So Important To Have Up To Date Information

Many businesses do not have adequate systems for identifying the amounts of profit or loss generated by different products and services, or even by the

Tax advice

Taxpayers – Tips To Minimise Your Tax Liability

Tips to minimise your tax liability. Taxes are like the unsolicited guests that show up at your doorstep every year, uninvited and ready to take

Small Businesses – Save Alot Of Time & Money Using OCR Technology

I am always amazed how many small business owners do not take advantage of all the technology out there, it can not only save you

Small Businesses – Don’t forget the importance of keeping your statutory books.

This is an area that is largely neglected by most small business owners – especially owner ,managed businesses. However: One thing most businesses also do

Black and white illustration explaining the Additional Tax on Enveloped Dwellings (ATED), separate ATED returns and exemptions for commercially let and property development companies.

A little known Property Requirement – Additional Tax On Enveloped Dwellings

He was asking me questions about tax on his properties I asked him whether he was filing ATED returns and he was unaware that there

Why small businesses need to use cloud bookkeeping?

Luckily, we do not have many clients that are still using spreadsheets for recording their business transactions but we have a few. Technology has moved

How do I get a tax rebate?

As a taxpayer in the UK, you may be entitled to claim tax back if you have paid too much tax or if you have

Why Small Business Owners Need A Professional Accountant

As a small business owner, one of the most important decisions you will make is choosing who will handle your finances. While some entrepreneurs may

Get your tax affairs in order from day 1

HMRC mistakes happen and the tax code really is not logical in many instances. Tax evasion is taken very seriously by HMRC and criminal proceedings