Get More From Your Accountant

Advances in cloud computing and mobile technology are enabling many businesses to save time and money by simplifying and automating essential business processes, and providing access to systems previously only available to larger organisations.

Instant, anywhere, anytime access to up-to-date business information provides smaller businesses with a level of control that can be key to their success.

Traditional accountancy services have focused on historical analysis and statutory reporting. Cloud computing enables progressive accountancy practices to take a more proactive role in supporting businesses to thrive in the digital age...

Read more...

Cash is King - Turn Pain into Paid

Cash is King

Your approach to managing your cash flow could make or break your business.

Whether you are the owner of a small business, or working as an independent professional, cash flow is of vital importance to the health of your business. It is often said that: “revenue is vanity, cash flow is sanity, but cash is king”. What this means is that whilst it may look good to have large inflows of revenue from sales, the most important focus for your business is cash flow...

Read more...

Cash is King - Failing to Prepare is Preparing to Fail

Cash is King

Your approach to managing your cash flow could make or break your business.

Whether you are the owner of a small business, or working as an independent professional, cash flow is of vital importance to the health of your business. It is often said that: “revenue is vanity, cash flow is sanity, but cash is king”. What this means is that whilst it may look good to have large inflows of revenue from sales, the most important focus for your business is cash flow...

Read more...

Should you be including home office expenses on your tax return?

For owners of small businesses and independent professionals there are huge benefits to working from a home office, and for many a start-up it is an absolute necesity. With the right setup at home, you can achieve a high level of productivity and flexibility and enjoy lower running costs than a formal office setting.

But if you are working from home, should you be including the cost of your home office as an expense on your self-assessment tax return?

The answer to this question is quite different depending on whether you are working as a sole trader or as a director of a limited company.

Read on to find out whether you should be including home office expenses in your self-assessment tax return...

Read more...