Blogs
Doing it correctly is difficult – doing it wrong is easy
Last week, a new client asked me if they really needed to keep ALL their receipts. I replied, “only if you want to claim the VAT back and [...]
Buzzby Goes Bananas: Accsys’ Latest Electric Adventure!
Here at Accsys, we're thrilled to announce the newest addition to the company: Buzzby, our eye-catching VW ID Buzz! Decked out in our signature lime green and white, this [...]
24 Tax Free Payments You Can Make To Employees
“Nothing is certain except death and taxes” - This famous quote about taxes originated with Benjamin Franklin in 1789 and for the most part it is true. But [...]
The Budget: Impact of the National Minimum Wage increase
It’s been a couple of weeks since the Budget and we have taken the time to let the full impact of the minimum wage increases sink in. The [...]
The Impact of New Employment Rights Bill on Small Businesses
On 10 October, the government unveiled its long-anticipated Employment Rights Bill, a comprehensive package of reforms designed to strengthen worker protections, boost pay and improve productivity across the [...]
Introducing Dashboards: Instant Access to Your Financial Data at a Glance – For Free!
At Accsys Accountants, we're always looking for ways to add value to our services and make managing your business easier. That's why we're excited to introduce Dashboards, a new addition [...]
How To Sell Your Business And How We Can Help.
Selling your business is the ultimate aim of many business owners – it’s the reason you get up in the morning and put in the hours over several [...]
Don’t Look Back In Anger: Lessons for Business Owners
After wasting two hours on Saturday trying and failing to buy Oasis tickets, I started thinking about the title of one of their most iconic songs, ‘Don't Look [...]
Is Your Company Car Costing You Thousands?
If you have a company car, then your personal tax code will have now been updated for this year by HMRC, so that they can start deducting the [...]
The Labour Government’s Agenda: What Changes Could Reshape Employment and Taxes?
Normally I hate articles that speculate about what will happen. Often, they are just trying to grab views and then you read them and come away none the wiser. [...]
Be Proud Of Owning And Running A Business!
A client recently said to me that they were proud of the fact that they have employed people, straight out of school, [...]
Accountancy – Beware of the Great Pretenders
We live in turbulent times - a change in government, a war, politicians getting things thrown at them and even shot at, a turbulent economy and a cost-of-living [...]
Election 2024 – Red or Blue – will it make a difference to your business?
As election fever takes hold, we are hearing nothing but endless promises from the politicians about all the changes they are going to make in the future. The [...]
Its easy to become cynical
I was speaking to a client of mine recently and they were telling me how they would never have employees again. They had been there, done that, and [...]
The Death of the Furnished Holiday Let?
Coming into force after 6th April 2025, there will be changes on how Furnished Holiday Lets (FHLs) are taxed. In essence, the legislation is aimed at removing the advantages [...]
We lost a client today – but we are not upset
Today, we got the news that we lost a long-term client, but surprisingly, it was for the best of reasons. When I answered the call, I was prepared [...]
Beyond Numbers: How We Help To Shape the Success Stories of Our Clients
One of the curses of being an accountant is that everyone knows what you do as soon as you mention it…. well, at least they think they do… [...]
Happy New (Tax) Year
As we move from the 2023/24 tax year into the 2024/25 tax year, I am trying not to think about filing personal tax returns again (I have only just [...]
Turning Failure into Opportunity: A Business Resurrection Story
As springtime blooms and Easter approaches, my mind turns to the theme of renewal. It's a time when nature sheds its winter coat and embraces new growth and [...]
If you want accurate accounts – It’s all about the timing (differences)
Good timing is the secret to many things in life and in finance, timing is equally as important. If you run a business that sells products or provides [...]
Beware the small print – how Citation want £8K for me to cancel our contract
As you would expect, I am pretty good at reading the small print in contracts but even I make mistakes, and in 2022 I made a whopper. I [...]
Its Budget Day – but does anyone really care?
This budget needed to be spectacular to make people take note. However, Liz Truss tried that, and we know what happened there! So, predictably the budget was not [...]
Leasing vs purchasing cars – which is better?
One of the most common questions we get asked by our clients is “what is the best way to own a car – lease or buy?” Unfortunately, there [...]
New Goal Setter™ has launched!
Last month, staff and clients of Accsys Accountants gathered for the launch of our new Goal Setter™ software. The event, hosted at Unity Co-working, offered our clients a first-hand look at [...]
HMRC U TURN – Double Cab Pick Up Trucks Will Soon No Longer Be Vans For Tax!
Reversed It took little over a week for HMRC to realise that perhaps this wasn't the best idea for the economy and the motor industry. The following blog [...]