Reminder of the key points of auto enrolment
With pension contributions rising from 6th April 2018 it seems like a good time to remind employers of the key points about auto enrolment. …
Launching our Xero Drop In Service
Xero Drop In is our new one-to-one Xero training service. Xero is very popular for maintaining business accounts but how well is it working for you? The information you get out of Xero is only as good as the information you put in and if you are struggling to understand how to make a particular accounting aspect of your business work then the information you get out won't be of any real value. …
How do you manage credit control?
Businesses receive payment from their customers in different ways. Shops and online retailers have the advantage of receiving payment when they make the sale and therefore mostly have no issues with customers not paying. …
Cloud Accounting for your Business
More businesses are moving to cloud accounting software. With Making Tax Digital for Businesses just 12 months away it makes sense to get ready now and move your accounts to software that will be compliant with the new regulations. Cloud accounting software is user friendly and makes keeping your accounting records a whole lot easier. VAT returns can be submitted directly to HMRC at the press of a button and as we get closer to April 2019 developers will be updating software to cope with the new requirements. …
More Employers Named and Shamed by HMRC
On 9 March 2018 HMRC released the names of employers who have paid their staff less than the minimum wage. They release this report quarterly and it is surprising how many businesses are on this list each quarter. This time there are 179 businesses who have underpaid their employees between £100 and £133,000. They don't report on underpayments less than £100 although that doesn't mean they don't take action. …
