Most Recent
How can I move my business towards net zero carbon?
Businesses need to lead the way in moving towards net zero carbon emissions. There is no quick fix so businesses need to start the journey now and move towards the ultimate goal of net zero, over the next few years. Here are some of the changes that you can implement...
How long will I need to have my employees stay remote?
The requirement to work from home was lifted in January 2022, but offices are still less than full. Across the UK, the shift to agile or hybrid working has reduced the office space requirements of many companies. Businesses are rethinking the office and repositioning...
How to respond effectively to customer complaints
In today’s hyper-connected world, it’s never been easier for customers to complain. No matter how good your business is, there will always be a small number of people who aren’t happy with what you do. Put simply, you can’t please everyone. Good customer service is a...
You can increase your profits in 5 steps
XERO & OTHER TECH
How can I improve my credit control with Xero?
Healthy credit control is vital for any business selling on payment terms. But how effective is your credit control function? Are you reviewing the age of invoices owed to you and tracking how often customers are paying late? Consistently late payments are a sign of...
How do I get started with Xero?
You've decided (or you are close to deciding) to make the switch to Xero. Xero helps our clients in all industries take control of their finances and use their numbers to make better decisions. It helps keep you organized and makes your accounting faster and easier....
5 Tips for Sales Invoices in Xero
You’re using Xero, so you already know that having your information online streamlines your business. But oftentimes our clients are surprised to find out how many ways they can streamline what they are doing in Xero. Here are our...
VAT AND TAX
VAT rates for hospitality sector are due to increase from April 1st
Early in the COVID-19 pandemic, the Chancellor reduced the rates of VAT for the leisure and hospitality sector to just 5%. That reduced rate applied from 15 July 2020 until 30 September 2021 when the rate was increased to the current 12.5%. However, the rate is...
What you need to know about accounting for import VAT on your VAT return..
HMRC have recently updated their guidance on accounting for VAT on goods imported from outside the UK which, since Brexit, includes the European Union. Businesses registered for VAT in the UK can account for import VAT on their VAT Return for goods imported into:...
What you need to know about the P11d Tax Form if you own a company car in 2021
CAR BENEFIT REDUCED WHERE UNAVAILABLE P11d forms reporting benefits in kind provided to employees and directors need to be submitted to HMRC by 6 July. Where a company car is “unavailable” for private use for 30 or more consecutive days the benefit is proportionately...
BUSINESS ADVICE AND TIPS
How long will I need to have my employees stay remote?
The requirement to work from home was lifted in January 2022, but offices are still less than full. Across the UK, the shift to agile or hybrid working has reduced the office space requirements of many companies. Businesses are rethinking the office and repositioning...
How to respond effectively to customer complaints
In today’s hyper-connected world, it’s never been easier for customers to complain. No matter how good your business is, there will always be a small number of people who aren’t happy with what you do. Put simply, you can’t please everyone. Good customer service is a...
Building an effective sales culture in your firm
Sales are the lifeblood of any business. In the current, ultra-competitive business environment, building your sales capability has never been more important. Creating an effective sales culture involves a lot more than giving people aggressive sales targets and...