I have written a few blogs over the years about the differences between an accountant and a bookkeeper and why I recommend that you use both a bookkeeper and an accountant for your business. That may be yourself as the bookkeeper, an employed bookkeeper or a bookkeeper external to your business - whatever works best for your business. During the last 12 months …
The recent ruling against Pimlico Plumbers in favour of one of its workers highlights the need for every business owner to understand the rules around employment and self-employment. The worker in question was self-employed but wanted to be paid sick pay when he fell ill and also to be paid holiday pay. …
Having spent several weeks being bombarded by emails relating to GDPR I am beginning to wonder whether anything has actually changed. I received emails telling me I had to opt in, emails telling me I had to opt out and privacy policies from businesses I don't have anything to do with. I know I am not the only one who has had enough of GDPR. Of course we all want to do the right thing for our business and I am sure most small businesses were already protecting sensitive data anyway. …
Last week I spent the day in London at the annual accountancy exhibition, Accountex, held at the ExCel. I first went to the exhibition two years ago and was amazed by the number of stands and variety of speakers. Having skipped a year to attend the Sage conference, Sarah and I decided we would go to Accountex again to find out more about developments in the accounting industry. We planned in advance what we wanted to get out of the day and went to different talks and visited different software stands so we could get the most out of it. …
Did you know you can choose which VAT Scheme you use to report VAT? There are several to choose from and it is worth considering which one is best for your business and for your cash flow. …
