Often the first employee taken on by a business is someone to help with admin/bookkeeping. Bookkeeping is seen as a necessary evil by many business owners and delegating this burden is often high on the agenda. As the business grows the “Finance” department often gets neglected and the bookkeeper is left to their own [...]
The standard advice from accountants, for many years, has been for Directors to pay themselves a salary and shareholders to take dividends. Often in small companies, the Directors and Shareholders are the same people. This approach minimises the tax liability because dividends are taxed, or have been in the past, at a much [...]
Whatever your thoughts on Brexit – it seems it is going to happen and whether it’s a hard Brexit or a soft one we are going to leave, and the question is how we can prepare. Your business is likely to be affected even if you don’t have any dealings with Europe – [...]
Accsys Guide To - What Records To Keep (& for how long) Our latest mission is to help all our clients get organised for 2018. As a part of this, we are encouraging clients to go paperless or at least less paper. See our blog last year There are no filing cabinets in [...]
Often the reason people change accountants is because of a lack of support – either perceived or real – being supported by your accountant is important. We take for granted the support we give our clients because its all part of the service, but we are often astounded by the lack of support clients [...]
Once you have dealt with the basics there are very few ways to save Corporation Tax. Tax saving tips are often about being super organised with what you claim and making sure you get the basics correct. With this in mind here are some of the basics you should be looking out for: Claim Business [...]
Dedication Communication is what you need… My son is currently obsessed with the Guinness book of records. Every day when I get home, he reads me a new record that he wants us to attempt to break … Such as: Fastest time to wrap a person in newspaper Fastest balloons burst by sitting in [...]
Recently, on my way home from a client, stuck in traffic, trying to escape the business estate where they are located, I gazed through the office windows and I happened to notice how many filing cabinets there were. Filing Cabinets, just sitting there, all inconspicuous, taking up valuable room and representing how things used [...]
Many business owners would love to have too much work. In fact, of all the problems you could face such as lack of cash flow, employee issues, product issues etc; having too much work is pretty low on the list of problems to resolve but it is still a problem. Firstly, the enormous pressure [...]
If you are considering a move to Xero, but 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. So let’s start with Desktop There are many good desktop software products out there that will probably work for your business. [...]
