How can I improve my business cash flow?
Many businesses, particularly in the early years, struggle with cash flow – there is more going out than coming in – but this cannot carry on forever. Most businesses that go bust do so because of lack of…
What are the different VAT rates and what do they mean?
We are often asked what all the different VAT rates are and what they mean. Zero-rated is the same as Exempt, right? Wrong. Read our guide below to make sure you understand the difference between all the rates…
We are Certified Xero Advisors!
Once again, we have been made Certified Xero Advisors! Having first passed the tests over seven years ago and continued to so ever since, we have once again re-certified as Xero approved official Advisors. This means we are…
Do I have to pay tax on my cryptocurrency gains?
Do I have to pay tax on my cryptocurrency gains? Cryptocurrency, particularly Bitcoin, saw their values soar throughout 2017, even if they did come back down to ground throughout 2018. Experts are divided over whether this is a…
How much will that Christmas gift really cost?
Thinking of giving a business gift for Christmas? It’s almost that time of year again when we hang the lights and decorate the tree, and you might be considering giving a Christmas gift or treat to your team…
Autumn Budget 2018
The Chancellor has today announced his Autumn Budget 2018 saying that ‘austerity ends’. Government finances are in a better state than expected and there are more treats than tricks in this announcement. The Budget covers a wide scope,…
Government release a ‘no deal’ Brexit pack for businesses
The Government has this week released a partnership pack providing guidance on what do in the event of a ‘no deal’ exit from the European Union (Brexit). They say that they are still expecting a Brexit deal to…
More female directors of SMEs than in the FTSE100
New research has shown that SMEs have a higher percentage of female directors than FTSE 100 companies. Analysis by Moore Stephens showed that 31% of Small and Medium Enterprises (SMEs) had female directors, whereas the FTSE 100 companies…
Do I need to file a personal tax return for 2018?
There are just under four months to go before the tax returns for 2017/18 are due for filing and payment. Every year we are asked the same thing – ‘Do I need to fill in a tax return?’. …
Bizarre excuses for late filing of accounts
Companies House has released its list of most bizarre excuses that people have tried to use for not filing their company accounts on time. The rather unusual list of reasons companies gave for not filing their accounts is…