articles, videos and info

We like to keep you updated with what we are up to - if we come across anything we think is useful we'll post it.  Below you'll find a mix of useful info, tips and how-to videos.  

November 6, 2018

National Minimum Wage: how to get it right

Last year HMRC found 200,000 workers being paid below the national minimum wage (NMW).  It’s a pretty shocking figure and resulted in £15m being repaid to workers and £14m in fines for the 600 companies caught.

It’s safe to assu...

September 19, 2018

Here is a great tax tip for small limited companies.  

You can provide your staff with small benefits (such as chocolates, bottle of wine, a meal out) and have this allowable against your corporation tax and not pay employment related taxes on the benefits (or inform HM...

September 12, 2018

We had a fun meeting with a number of local sole traders this week - the gist of the meeting was to give them some bookkeeping tips to help them keep on top of their numbers and also explain some common tax issues. 

Below are some notes from the meeting which capture mo...

August 27, 2018

Find out if you are likely to be impacted by new MTD VAT regulations and how you can turn this headache into a great opportunity

August 9, 2018

It's a common story for business owners; the work has been done, the invoices have been sent but the money just doesn't turn up!  

Chasing debt is one of the admin jobs that people just hate, but there is a better way.  You can automate a huge part of the debt chas...

July 24, 2018

There always seems to be a new piece of of regulation that businesses have to grapple with.  

Now we’re over GDPR (or not if my inbox is anything to go by!) we have had confirmation from HMRC that their ‘Making Tax Digital’ (MTD) project is finally starting.

The ultimate...

June 5, 2018

Figures out today from the Local Data Company show that the number of leisure openings saw a net decline in the last 6 months; the first time this has happened since 2012. 

Everyone knows it's been a tough time for hospitality and retail recently.  The amount...

May 6, 2018

As Virtual CFOs (vCFO) we speak to a lot of businesses who are looking to grow.  In fact, most businesses we speak to want to grow (and we love to help them) and if you are reading this you probably want your business to grow too. 

Growth is seductive and as s...

April 28, 2018

Stripe is brilliant.  Xero is brilliant.  But put them together and you can end up with a headache.

When it comes to seeing who has paid you from Stripe in Xero, it can be a little confusing, especially if you have multiple Stripe collection points (a number o...

April 14, 2018

We have worked with a number of hospitality businesses recently who want to:

  • become paperless

  • improve their reporting and insight

  • reduce staff time on admin

And these businesses also do NOT want to:

  • spend anything on replacing legacy EPOS s...

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