Mahdokht joined us in July as a Senior Bookkeeper and has since progressed to the role of Accounts Senior. She talks about her daily routine, software certifications and Accountability socials.
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If you’ve got plans for your business, you’re going to need cash to make them happen. Dreaming big and running out of money isn’t a situation a small business wants to find itself in, which is why cash flow is critical to sustaining and growing a business. Our friends at Float have written some top tips on managing you cash flow.
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In the final instalment of his blog series, Matt talks about hybrid working, AAT Level 2 and training at Accountability.
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In the second instalment of his blog series, Matt writes about getting into a routine, visiting clients and wasps!
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We’d all love to make more money, so we've written up some top tips to boost your profits.
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Matt joined us as an Accounts Junior. Read more about his first couple of weeks in the first instalment of this blog series.
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Supporting staff is key to keeping a business running well. One way to do so is providing staff entertainment, but what are the tax implications of this for you and your employees?
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The UK Government has decided that rates of National Insurance should rise by 1.25% for both employers and employees. Paying pension contributions by a salary sacrifice arrangement is a possible way to mitigate the impact of the planned rise in NI contributions. There are some considerations you should bear in mind when deciding to take part in the scheme.
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In the current world cash is a huge worry – increasing interest rates coupled with ever increasing fuel prices means the impact is being felt by everyone. So, what can you do to ease the worry, make things less stressful and (hopefully) sleep better at night? This blog is an insight into cashflow, forecasting and budgeting for your business.
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We love to get hands on with our clients - to understand their businesses and getting stuck into the nitty gritty! Read more here about how we helped Gymboree Play & Music get in control of their numbers.
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We recently completed a healthcheck for our client, Golden Hare Books. Read more here about how we helped to alleviate their financial frustrations.
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3 top tips for use on Microsoft Excel. Includes a resource with a list of 100 Excel functions, features, tips, tricks and hacks you need to know.
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Did you know that accounting is not a regulated profession in the UK? Anyone can call themselves a bookkeeper, payroll professional, or accountant without having any experience or training. The accounting industry calls these accountants “unregulated”. While not all unregulated accountants are poor quality, there are benefits to having an accountant regulated by a professional body. Accountability Edinburgh is licensed by AAT – find out what that means for you!
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6 top tips to ensure your invoices are working effectively for your business.
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If you’re a VAT-registered business that imports things from outside the UK, you may find that you’re now dealing with a much higher volume of Import VAT due to Brexit. If so, you may find the Postponed Import VAT scheme of use to you.
After the Chancellor’s budget speech yesterday (Wednesday 3 March), there are a couple of areas I wanted to highlight.
CJRS / Furlough Scheme
As you will no doubt have heard, the scheme has now been extended until 30th September 2021.
There are two areas which were not quite so widely reported, which are:
Tapered Grant level
Extended Eligibility criteria
We live in times of uncertainty that have a direct impact on our day-to-day lives and the way our business' function. It's crucial to take action and have as much control of the situation as possible to help your business. One useful tool to gain control of the present and plan ahead (to minimise the risk of failure) is forecasting. Forecasting is a tool to help your business move forwards towards success.
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There’s no denying 2020 was a tough year for all business owners. And that looks set to continue, at least in the short term. We’re sure, like us, your employees’ dedication, hard work and flexibility has been essential. We also understand that you may not be able to reward your employees for all their efforts. One solution that could benefit you and your employees, is offering salary sacrifice pensions.
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What is a business tax account?
A business tax account is an online account with HMRC which gives you access to see your current position for all the taxes for which you are registered.
If you’re a limited company – then the business should have a tax account and you should be able to see VAT, PAYE and Corporation Tax.
If you are a sole trader or partnership, you should be able to view Self Assessment, VAT and PAYE.
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Ergo Law is a specialist employment law firm helping employers navigate the rules around redundancy. Experienced at advising on the legalities and procedure concerning redundancies, Ergo Law’s solicitors apply a knowledgeable but compassionate approach to difficult business decisions. Ergo Law’s director Emma Reid answers three common questions asked by employers considering making redundancies for the first time.
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