Working from home: Pros and cons
As the world begins to return to normal after nearly two years of lockdown, many businesses are faced with the choice of having staff return to the office and factory floor or to continue from working from home,…
Inflation proof your business
The rising rates of inflation have been in the news a lot lately. You can read our blog here on exactly what inflation is and whether it’s good or bad for you, but this blog deals with how…
Top Ten tips for staying cool at work
The sun is shining, the beer gardens are full and public transport is even more unbearable than usual. British summertime is finally here! Here are our top ten tips on how to stay cool in the work place,…
We are a Silver Partner with Xero!
We make no secret that we love Xero here at Flamingo Accounting! And we are also happy to continue as a Silver Partner with them. Our team of Certified Xero Advisers have been using and implementing this software for years and believe…
Top Ten Things to consider when choosing a new accountant
Whenever potential new clients approach us, it is often because they are not happy with their existing accountant, or because they are a new business and don’t know how to select an appropriate one that will suit them…
Do I have to pay tax on my cryptocurrency gains?
Do I have to pay tax on my cryptocurrency gains? Cryptocurrency, particularly Bitcoin, have risen in prominence over the last few years – with companies like Telsa accepting them as payment and countries like China banning them outright. …
Don’t be caught out by payments on account for personal tax – know what you need to pay!
What are payments on account? And who has to make them? So many business owners get caught out by payments on account, particularly in their first year of trading. When you become self employed, most of, if not…
How to stay on top of your emails
Ever feel overwhelmed by the amount of emails your receive in your inbox? You spend all day replying to them but at the end of the day you still have more than when you started? That needs to…
Cash and profit are not the same thing – forgetting that can cost you dearly
The vast majority of businesses, particularly those in their early stages, go bankrupt through lack of cash, not from lack of profits. However, many business owners don’t truly understand the difference between having cash and having profit, and…
Top ten bookkeeping mistakes and how to avoid them
Here are our Top 10 mistakes that people make when doing their own bookkeeping: Letting it all build up This seems obvious, but some people still leave everything to the very last minute and let the bookkeeping build up. …