The Best Practices for Invoicing For Small Businesses

We all love getting paid quickly and to accomplish this it’s important to manage your invoices. Invoicing for small businesses can be tedious, but implementing the following best practices will make the process smoother and improve client relations. Start as you mean...

Small Business Growth: How to Plan and Manage for Success

Growth is a tricky thing. It can both be exciting and intimidating to think about expanding your company. But if you want it to happen you need to be proactive and plan. The following points will help you to plan for success. Set and Map Your Goals It’s hard to grow...

Get the most out of your book-keeping on Xero

Xero is one of the most popular online accounting software tools in the world, with millions of businesses doing book-keeping on Xero. It lets you create invoices, do payroll and manage your expenses all from a single platform. However, if you want to get the best out...

Tax reliefs on business capital assets

With the recent budget announcing a new “super deduction” tax relief now would be  a good time to consider asset purchases and the tax reliefs available for your business. What is a Capital (or fixed) Asset? Simply put, it is expenditure on equipment used in your...

VAT Book-keeping – Tips for Record Keeping

As accountants over the last 15 years in the profession we have seen numerous tax investigations where HMRC request to see your VAT book-keeping.  While some may be triggered by an unusual event such as a tax refund or large asset purchase, most appear seemingly...

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Opportunity Cost

Opportunity Cost

DIY Startups With start up business there can be a tendency to do everything yourself; whilst this is one avenue you can go down, is...

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Property Expense Guide

Property Expense Guide

Are you unsure on which expenses are allowable in relation to your property? Is treatment of certain expenses unclear? Download our...

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AirBnB Tax Savings

AirBnB Tax Savings

When a property is used as an AirBnB or similar short-term rental/holiday accommodation, if managed correctly, it can fall under a...

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Bounce Back Loans

Bounce Back Loans

As of 4th of May 2020, the banks have opened applications for the “Bounce Back” loans for small businesses. These can be applied to...

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