A new study by the accountancy software giant, Sage, shows that while accountants have become the most trusted of all services available to small and medium businesses, when it comes to sensible advice about their business, it seems that most businesses still aren’t using their accountant to full effect. Paul Tooth, the MD at Sage,
Insufficient Funds Very rarely does any business just ‘start’ trading. Quite often it can be weeks or even months before the cash starts rolling in. Beware as well of costs that you probably haven’t even considered. If you’re shipping goods, how much tape will you be using? Will you have to order an additional telephone
This won’t be the full picture or provide all the answers, but should give you some food for thought, and areas to look into. If you need help with the exact tips and expenses applicable to you then feel free to get in touch. Make sure you claim all your expenses – sounds simple but
PAYE code – Is yours correct? Many people assume that their PAYE code is correct, or that their tax will be automatically adjusted at the end of the tax year once year end submissions are done. Well neither of these are necessarily true. If we start with paying the right tax – if you stop
Tax Tips for photographers Tax Tips for photographers – I have a special interest in photography. Not because I take photographs, but because my husband is a photographer. I also work with a number of photography businesses and so have some accounting and tax expertise in this industry. So here are a few tax tips
Reduce Business Stress Reduce Business Stress – We’re all after less stress aren’t we? Sure a bit of pressure can stop you drifting aimlessly and add some purpose to your life – but purpose isn’t the same as stress, is it. If you run your own business the stress in many ways is greater – life, money, work, even
Payroll – Hopefully if you have employees, even if it’s only yourself, you’ll be aware of RTI, or Real Time Information for payrolls. What does this mean? What’s changed and do you need to be concerned? The lovely people at HMRC have provided guidance, and have been testing the approach on volunteers, so all should
Becoming a Limited Company. Limited Company – So, you’ve started your business, or you have a great business idea. A question that springs to many lips is – should I form a limited company? Well not surprisingly, there’s no simple answer to that question – or the simple answer is – it depends! There are
Green Cars Save tax & save the planet! Green Cars – Lets face it, we all want to pay less tax, and I believe most of us would like to save the planet too – if we knew how! Well guess what – you can do both! There are several tax advantages to going green