Cloud accounting software such as Xero, Quickbooks Online, Sage One and Kashflow are becoming more popular with businesses. Gone are the days when only the bookkeeper or the accountant could do the accounts because no-one else knew how to use Sage. Web-based software has given business owners the freedom to look at their accounts whenever and wherever they like. …
It may not be a new financial year for your business but there is no time like the present to take a little time to review the costs of your business. Do you know what your costs really are? Here are three areas of your accounts which will probably be worthwhile to review: …
How do you classify a good customer for your business? Every business will have analyse a good customer differently. In retail a good customer will probably be one who returns time and time again because of what you sell, your prices, your customer service or just because they love your shop. …
The Pensions Regulator has released the latest quarterly bulletin covering compliance and non-compliance with auto enrolment. An increasing number of small and micro employers are reaching their Staging Date and many are leaving it very late to set up a workplace pension. During the period July to September 2016 The Pensions Regulator issued £3,728 Fixed Penalty Notices to employers failing to meet their automatic auto enrolment duties. A number of employers contested their fines …
Why is training so valuable? We learn all the time while we go about our daily work and for us in particular we are constantly working with clients who have different types of business and different needs. Our responsibility to our clients is to know, as far as we can, the HMRC rules which could affect each of our clients. From knowing what expenses can be claimed to whether employees are receiving a benefit from the expenses they claim. We need to understand VAT rules not only in relation to the UK but also overseas sales and purchases and the VAT implications of those. …
