7 Tips to help you with your bookkeeping!

Have 12 envelopes or a 12 pocket concertina file to put your purchase invoices in….one for each month Any purchase receipt that is not clear, write a note on it so you don’t forget Keep unpaid sales invoices separate from paid, so you can ensure none get missed Keep a...

National Insurance

Explanation -National Insurance You pay National Insurance contributions to build up your entitlement to certain state benefits, including the State Pension. You pay National Insurance if you’re: 16 or over an employee earning above £149 a week self employed making a...

10 ways to improve cashflow

Here are some pointers on keeping your business bank balance in the best possible shape: 1. Fast invoicing. It may sound obvious, but the quicker you get bills out to clients, the quicker you will be paid. A lot of companies leave invoicing until the end of the month...

Real Time Information (RTI) explained

Real Time Information (RTI) for PAYE Real Time information will improve the operation of the PAYE system by creating more up-to-date taxpayer records and making the system easier for employers and HMRC to administer. Why are HMRC changing PAYE When PAYE was introduced...

Businesses to benefit from Budget 2014

Businesses to benefit from Budget 2014 George Osborne’s “Budget for a Resilient UK” outlined a number of new measures, while also welcoming significantly improved growth forecasts, with the UK economy expected to grow by 2.7% in 2014. Although the surprise...