Category Archives: Accountancy

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

Read More

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

Read More

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

Read More

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

Read More

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

Read More

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

Read More

Cloud Accounting Software And Credit Control

Cloud Accounting Software And Credit Control

Helping Improve Credit Control Using a robust cloud accounting software can greatly improve your credit control, an area that a lot of people find quite challenging.  Although credit control is the life-line of businesses it doesn’t always receive the attention it should and many businesses find numerous obstacles when dealing with it i.e. not invoicing as soon as work is

Read More

Starting A Business And The Risks Involved

Starting A Business And The Risks Involved

Starting a business and the risks involved can sometimes put people off pursuing their dreams. However once you get that spark of inspiration, it’s hard to contain the excitement that comes with your plans of starting a new business. After all, this is something that will not only allow you to expand your income, it would also be the perfect

Read More

Self-Employed & Running Your Own Business

Self-Employed & Running Your Own Business

Becoming Self-Employed Registering as self-employed and running your own business can be extremely rewarding. However, being the captain of your own ship whilst losing the safety net of employment can be tough to balance. It comes about as a result of a conscious decision or a drift into it. In this blog we will share some thoughts based on our

Read More

Tax & Property Tax: Personal v Company Route

Tax & Property Tax: Personal v Company Route

Tax and property interact in a number of ways, more so when we consider the personal and company route for property ownership.  Over the twenty plus years that we have been advising our clients on property tax, one of the more popular questions is whether or not their property business should be run through a company.  The government’s announcement about

Read More