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In: Accountancy

How about a Business Coach?
12th December 2018

How about a Business Coach? Having a New Year just around the corner can make you stop and think about the…

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When is the right time to scale my business?
17th September 2018

That’s a great question, and there are several answers, some of which depend on where you are in your business life…

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What is ‘Making Tax Digital’ and how will it affect my business?
5th September 2018

You may have heard the term ‘Making Tax Digital’ being thrown about recently. Perhaps from your accountant, or online. But what…

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Should I use Xero or Free Agent for my cloud accounting? A non-biased review…honest.
3rd September 2018

I’ve been banging on for ages about ‘the revolution in accountancy’, largely brought on by technology, and specifically in the realm…

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Peace of Mind – What Price?
26th July 2018

  That Letter I imagine it’s every taxpayers’ nightmare…when that HMRC branded envelope drops on the mat only to reveal you are going to have…

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How to manage growth within your business
15th June 2018

Oh my god, don’t get me onto ‘managing growth’, this has to be my all time favourite subject and I could…

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Do I charge VAT to a VAT registered customer who is based in the EU?
8th May 2018

As long as they are VAT registered then no. But you do need to make sure you have all the correct…

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Can I email sales invoices into 1tap?
8th May 2018

In Short.. NO In long, yes if you don’t mind logging onto a computer: Info from 1tap: Unfortunately, it’s not currently…

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Digital Vault Cloud Accounting
Everything in its place with The Peloton’s Digital Vault
3rd May 2018

The beauty of having your accounts ‘in the cloud‘ and on Xero, is that you have easy access to everything, right…

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I do some ad hoc work alongside my normal job – do I need to pay tax on this income?
3rd May 2018

This is a question we get asked a lot. A typical scenario would be that someone is employed either full or…

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Can I claim money back on payments I’ve made on behalf of my customers
2nd May 2018

When you make payments on behalf of your customers, for goods or services received and used by them, you might be…

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How to change the user on the feed from your bank to Xero
30th April 2018

If you wish to change the user on the feed when a staff member leaves, this is normally done by: 1….

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Our GDPR breakfast with Jarrang
30th April 2018

In amongst the torrent of GDPR emails we’ve been receiving, we noticed one company seemed to be making the topic actually…

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‘Why can I sometimes see a balance difference in Xero?’
26th April 2018

Differences will appear until you have reconciled everything in your bank account on Xero. At this point you should see a reconciled…

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I’m selling my house and I’ve made a capital gain, what tax reliefs can I claim?
26th April 2018

When you sell the residential property there are 3 types of reliefs available: 1. Capital gains annual exemption The current rate…

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I’m self-employed, is my medical treatment tax deductible?
26th April 2018

Unfortunately in most cases, no. HMRC believes that health treatment services have duality of purpose (element of both business and private…

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I worked some of the tax year under employed status and the rest as self-employed. What do I do?
26th April 2018

You or your accountant will need to declare your employment income on your tax return for that year. Tax deducted when…

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Is it still beneficial for me to take dividends out of my company rather than a salary?
19th April 2018

The answer to this question in most cases is still yes! For the 2018/19 tax year the tax rates dividends are…

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tax benefits of a car on hire purchase silver lady
Why purchasing a vehicle on Hire Purchase is the most tax efficient option
19th April 2018

Hire Purchase agreement is the most tax efficient option when it comes to the purchase of any equipment, including cars and…

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How do pension contributions on behalf of company directors/employees effect my corporation tax bill?
17th April 2018

Corporation tax is currently charged at 19% on chargeable profits. Contributions made by a company into company pension schemes for directors/employees…

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Are networking events tax deductible?
16th April 2018

Events held for clients that are free of charge are treated as business entertainment thus disallowed for tax purposes. If the company is holding and…

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Training – is it tax deductible?
16th April 2018

The general principle at play is that training undertaken to acquire new skills, expertise or knowledge cannot be treated as a…

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Accountants – aren’t we interesting?
16th April 2018

Let’s face it, as Accountants we’re boring, or at least perceived to be boring. And given that perception is more important…

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How will Cloud Computing help me run my business?
9th April 2018

Technology and its development is at our core and we have successfully been using cloud computing and online software to make…

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First steps to becoming self-employed
9th April 2018

“How much tax will I pay?”, “can I claim costs at all?” These are regular questions people ask themselves before they…

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Why choose a Chartered Accountant?
9th April 2018

Did you know that anyone – yes that’s right, ANYONE can call themselves an accountant, but not anyone can call themselves a Chartered accountant, so when…

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Questions to ask before appointing an accountant
4th April 2018

Before committing to working with an accountant it’s important to understand exactly what you’re getting for your money. It can be…

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Top 10 Xero Tips
26th March 2018

We have successfully been using Xero cloud-based accounting for some time now, and we have obtained some great hands-on experience that…

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Spring Statement 2018 Parliament
Spring Statement 2018
14th March 2018

On Tuesday 13 March 2018 Phillip Hammond presented his Spring Statement. So what exactly did the Chancellor say and, more importantly,…

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Top 10 Xero apps
8th March 2018

Xero Cloud-based Accounting has over 600 connections with other time-saving apps and software aiming to automate your workflow, here’s our top…

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