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VAT Rate cut for hospitality & tourism industry

Yesterday, chancellor Rishi Sunak, announced measures to help the hospitality and tourism industries get back on track by temporarily cutting VAT rates from 20% to 5%. Many other measures were announced at the same time as part of the ‘Plan for Jobs’ initiative to help support businesses and the economy after the impact of COVID-19. […]

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How to choose a new accountant

Accountants are a funny bunch! The reputation proceeds us for a start. We are all boring and live in grey suits! Ok, so we know that’s not true. We never wear suits for a start and I know many who don’t from other firms too. So if you are looking at changing accountants then what […]

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Furlough your employees

If you are considering laying off staff due to little or no work then wait… The government have introduced a new measure called the Coronavirus Job Retention Scheme where you will get government support Under the Coronavirus Job Retention Scheme, all UK employers with a PAYE scheme that was created and started on or before […]

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A simple plan for tackling Corona for your business

The current climate is bringing unusual circumstances to everyone. At present, the government seem to be working hard to put lots of different support in place. I decided that at this time we could all do with some best practice practical guidance on what to do. Now your individual circumstances may mean this isn’t perfect […]

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Latest government help for Corona

The government has made announcements of new measures to help support the nation during these unprecedented times.  Measures of support have never been at this level before.

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Plan your way through Coronavirus

Many of you have likely consumed the media input on Coronavirus. It’s all doom and gloom. It’s designed to make us feel bad. The media know how we default back to survival instinct and numbers help them make money.

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Taking on my first employee

So your business has grown to such a level you can no longer do it on your own.  You’ve explored all options and the most sensible one is to take on your first employee! There are many things you need to consider and we will run through them in this article.

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How to successfully collect money from your customers

Chasing and collecting debts happen in nearly every business.  In the current economic climate, your customers may be struggling more than usual to pay their debts.  However, there are good and bad ways to perform debt collection.  We have put together a list of a few ways that will help improve your success.

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It’s costing you money working with everyone!

Do you have clients who take up a huge amount of your time, pay you next to nothing and rarely value you or your team at all? The bad news is you aren’t alone as in most businesses the worst 20% of clients take up 80% of your time. The good news is that it […]

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I’ve just lost a client – what now?

Losing a first or important client is super scary! It’s not the end of the world though.So now it’s time to understand why and what you can do about it.

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Work smarter – 5 simple steps for quicker bookkeeping

Make Xero work harder for you so you don’t have to We are a practice who pride ourselves on saving our clients time using the most automated systems available.  We have come up with 5 simple steps to make bookkeeping in Xero quicker and easier meaning less time is spent on bookkeeping and more time […]

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Sole trader v partnership v limited company – which business setup is right for me?

Help for deciding the best set up for your new business As a firm of Accountants specialising in startup businesses, we get asked this question all the time.  Unfortunately, it’s never a blanket type answer that you can quickly assess but in this guide, we will talk you through the different things to consider so […]

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How much does an accountant cost?

5 Factors that change how much an accountant will charge you. It’s a common misconception that Accountants are expensive.  Many Accountants simply don’t display prices and we all get a little concerned and wonder what they are hiding.

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PAYE vs Umbrella vs Ltd Company – which is best for me as a contractor?

Helping you work out how to get started with contracting. More and more people are finding themselves having to turn to contracting either through redundancy or organisation restructuring. It can be a daunting time as there are so many differences to being a ‘normal employee’ and now having to deal with your own accounts and […]

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Mortgages for the self-employed

Helping you understand the world of mortgages for the self-employed. As an accountant having acted for hundreds of self-employed people and directors of limited companies we have seen how many hoops you have to jump through in order to get a mortgage.  If you have obtained a mortgage when you were employed you may well […]

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