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From April 2023 individuals who have income of more than £10,000 per year, including from property, and who complete a Self Assessment Tax Return will have to submit their accounts digitally to HMRC on a quarterly basis.  Whilst this seems a long way ahead now is the time to start thinking how you will manage this.…
The Christmas and New Year break is a good time to reflect on all that is good and not so good with your business. Business owners have chance to step back and take time to look at what works, what doesn't and what could be better as well as planning for the coming year.…
Whilst this has been a tough year for many businesses there are some people who decided that this year was as good a time as any to set up a business.  Some people will have found the time to think and plan what they really want to do whilst they had more time on their hands.  Some people will have always had an idea in the back of their mind and this year has given them the opportunity to explore the opportunities and take their idea forward.  Others may have a hobby which they have been able to spend more time on and have found there is a market for their product. You may not think you are setting up a business.  Its just a bit of extra income.  But…
How does your response to new enquiries reflect on you and your business? Do you pay for advertising but don't bother to follow up when someone makes an enquiry? The way my enquiry is dealt with, whatever the type of business, will, in most cases, will make my decision for me.  If I contact two or three companies with the same enquiry the one that is responsive, interested and helpful will be my choice.  First impressions really count. This was really brought home to me over the last few weeks…
Seventeen years ago this week I began providing bookkeeping and payroll support to a few local businesses.  Three and a half years later I needed to move out of home to an office because work had increased, the files were taking over what little space we had and I needed someone to help.  I started looking for a small office for 3 but ended up with…
We thought furlough was challenging but flexible furlough is proving even more so! As a payroll bureau working with businesses employing between 2 and 50 staff, furlough has been important for many of our clients during lockdown.  It has been interesting to see how…
When you start a business one of the things you need to arrange is a bank account to enable you to keep your personal and business spending separate. If you are starting as a sole trader/self-employed with just a little income initially it is tempting to…
During my 15 minute drive to work each day I encounter 17 roundabouts.  Its a pleasant journey with no nose to tail traffic and stopping only to give way at the roundabouts and a possible halt at a single set of traffic lights.  This morning was no different except…
Although lockdown has restricted business for many, as a payroll provider to a large number of businesses I know that some businesses have been taking on new employees over this period. There will also be individuals who have used this time to start their own business and will be planning for the costs involved in taking on their first employee as the business grows.  So if you are a potential new employer here are some points you need to think about along with the costs you need to plan for.…
We are about to start our fourth month of calculating furlough pay for employers who have been furloughing staff on and off since early March.  From 1st July we will have an even more challenging set of calculations if employers have employees working some of their normal hours and furloughing them the rest. We will be able to do the calculations but how well will flexible furlough work for small businesses?…
115 articles 
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Old Sarum, Salisbury
Salisbury
Wiltshire
SP4 6QX

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