HMRC do not like entertaining as much as the rest of us – at least they don’t like to give us tax relief for spending money on it. There are several areas that confuse people about what they can and can’t spend on Entertaining. Firstly, broadly speaking, there are two types [...]
By now, many people have heard about standing desks and maybe even read reports on their potential to change lives. Many articles focus on the negatives of sitting: sitting at a desk is as bad as heavy smoking, people who sit at their desks have shorter life spans, or sitting all [...]
"We are are so pleased that this measure has been kicked down the road more change at this time of uncertainty is not what we need" was a recent comment from one of our clients in the construction industry. We can't disagree, finally some common sense from HMRC who under pressure from the [...]
To celebrate International Coffee Day, we went to see our Clients Julie and Tania at The Cavendish Coffee shop in Bearsted. The Cavendish not only serves excellent coffee but also amazing food. I am sure you will agree there’s nothing better than having a fresh cup of coffee on a cold morning, but now [...]
If you are considering a move to Xero, and are researching the other possibilities, then this post will help you. These days, the first decision when deciding on bookkeeping software is Cloud vs Desktop. It might not be a a surpise to you that we fall down on the side of the cloud but [...]
Last week our team at Accsys accountants Limited decided to push our boundaries and head to Go APE! This was a great day for all the team to bond and allowed us to communicate with each other as well as support one another. This consisted of a variety of different levels in the [...]
If you are CIS registered and VAT registered then from the 1st of October there will be changes to the way you account for VAT. This guide looks into these changes and what they mean for your business. The changes mean a VAT-registered business, which supplies certain construction services to another VAT-registered business [...]
Most business owners are passionate about what they do and want to do the best work they can. They want to keep their customers happy, do a brilliant job and build a reputation on the back of this. In my experience, successful business owners also treat their suppliers in a similar way, they [...]
You don’t have to look very hard to see cases of Employee Fraud, such as the case of Darren Carvill who stole more than £250,000 from employer Mr Clutch in Strood, Kent https://www.kentonline.co.uk/maidstone/news/accounts-worker-blew-stolen-250-000-on-escorts-and-drugs-202559/ or Stephanie Graysmark who stole £177K from her employer Central Beach Caravan Park in Sheppy, Kent https://www.kentonline.co.uk/sheerness/news/gambling-addict-who-crippled-business-ordered-to-repay-1-207029/ These frauds are [...]
Although most business owners recognise the importance of careful financial management, few seem to want to spend their time dealing with numbers. Unfortunately, not keeping a close eye on your income and expenses can be very costly for a business. Here are five of the most common bookkeeping pitfalls, and some simple tips [...]
