Category Archives: Accountancy

Property & Tax- 5 things

Property & Tax- 5 things

Five things Property Investors should take onboard when it comes to property and tax. Property & Tax – 1 Consider the type of property and time frame of the investment, short term or long term. Property will either be commercial and/or residential property. Commercial properties include offices, hotels and warehouses.Regarding rental income, residential rent may be more certain on an

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Getting Started with Cloud Accounting and Xero: Three Things to Know

Getting Started with Cloud Accounting and Xero: Three Things to Know

Financial and business information plays a vital role in the management of businesses. It is used for numerous day-to-day operations: To comply with accounts, tax, PAYE and VAT obligations To tell us about levels of cash, income, costs, debt and monies owing To track income and expenditure from products, services and project. A cloud-based accounting system like Xero helps you

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Keep Business Cash Flowing

Keep Business Cash Flowing

Cash is the most important financial commodity that keeps the business wheels rolling.  Cash is the life-blood of any business and is vital for survival, sustainability, investment and growth.  We need cash for a whole variety of things, from paying staff, suppliers and bills, buying equipment, servicing loans and paying taxes. Three things to remember to help keep that business

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Business Resolutions for 2019

Business Resolutions for 2019

Business Resolutions for 2019 – New Year for most of us is RCA time, namely Reflection, Consideration and Action. Reflection over the year just gone, Consideration for the year to come, and Action in what we aim to do differently (or keep the same). This RCA time also applies to your business. Business planning is a great way to help

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Making Tax Digital

Making Tax Digital

What is MTD? Making Tax Digital (MTD) is helping HMRC achieve their stated ambition of becoming a world leader in digital tax administration. As well as, making sure the UK tax system is effective, efficient and easier for taxpayers. MTD for VAT is the first major step in that ambition. From 1 April 2019, VAT-registered businesses above the threshold of

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Employee Motivation: What you should know

Employee Motivation: What you should know

Employee motivation is highly important for the productivity and growth of any organisation.  Employees who are motivated by their managers show good efforts, get involved in critical processes and on the whole remain loyal to their organisation. Employers should not overlook the power of motivation and should constantly try to boost the morale of their employees. Employers can help motive

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Marketing On A Budget

Marketing On A Budget

Effective and cost efficient marketing (contrary to popular belief) doesn’t have to have a huge price tag attached to it. However if you don’t do your research it can work out to be expensive. Numerous advertising companies will contact you promising vast increases in your sales if you sign up to one of their many (usually expensive) packages. However many

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Accounting for the modern age

Accounting for the modern age

Accounting for the modern age, a cloud-based accounting system. Allowing you to manage your financial information more efficiently and cost-effectively. Financial and business information plays an integral role in the management of arts businesses. It is used for many day-to-day operations: to comply with accounts, tax, PAYE and VAT obligations; to tell us about levels of cash, income, costs, debt

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Fraud | Protecting Your Business

Fraud | Protecting Your Business

There should be a culture of control and fraud prevention embedded into the strategic and operational affairs of an organisation. Senior management and trustees create this culture and should lead by example in adhering to the organisation’s internal financial controls and good practice. The trustees should make sure that an annual review is conducted into the effectiveness of internal financial

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Social Media For Business

Social Media For Business

Using social media for business can have a positive impact helping you expand and reach a much larger audience.  Some businesses still remain hesitant to use social media-largely due to “fear of the unknown”. However it is has become a great way to get your businesses message “out there”. Traditional marketing strategies have become less effective due to this. It’s

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