It’s approaching the dreaded time of year where it’s only a couple of months before self-assessment tax returns are due to be fled and any tax due paid. For those that are working closely with their accountant, this should be a seamless process and the bill will be the most efficient calculation for the individual [...]
Given the importance of the work that accountants do on behalf of business owners and sole traders its surprising that most businesses only speak to their accountants once a year- usually around accounts filing and tax submission time. On a purely basic level the communication between you, as a business owner, and your accountant should [...]
At this time of year business owners could fall into two quite different camps. those who are comfortable with progress, business development and sales so far; those that are embarking on a final push in all directions so that they feel that Christmas targets are achievable For either of these groups, the opportunity to have [...]
For businesses the Summer months have been known to be referenced as the silly season as it can prove hard to organise meetings or get commitment to move forward during the school and summer holiday period. For many business owners this could be quite frustrating and whilst their own holiday weeks may be very welcome, [...]
As many people look to forward to the Summer months, taking holidays can come with their own set of stresses and challenges for the self-employed and for business owners. Certainly for the self-employed holidays are not paid. Sometimes the challenge is doubled by not having colleagues to hand over work to even though customers could [...]
Imagine this…. you have invested in new sales people, new products, a new marketing campaign or maybe you have continued to grow at a steady pace using all areas of the business to support you. Business couldn’t be better, sales are great, cash is great, demand is putting an excitable stress on the company..... How [...]
In the same way that a warm Spring doesn't necessarily lead to a hot Summer; good cash flow today doesn't necessarily mean future profitability. Therefore starting Q2 of 2015 with a healthy cashflow would seem a very sunny place to be, however, understanding the difference between cash-flow and profit is an equally important part in [...]
We are now already approaching the end of the first quarter of 2015 and the word on the lips of most businesses is how fast time seems to fly by. Launching into the year with the enthusiasm of turning all attention to sales and customer delivery doesn’t leave much time to plan ahead. Good business [...]
Best foot forward for 2015 – getting good tax advice and support makes it so much easier. Having just made it through January most businesses will be feeling the sting of the ever dreaded tax bill. On one hand tax is a good thing – our money keeps the country running. However paying too much [...]