Work-life balance requires balanced books. Hire an accounting professional and you’ll have time to focus on your business and enjoy life more.Continue reading “Work-life Balance Requires Balanced Books”
If you received untaxed income (e.g. self employed earnings or rental income from property) between 6 April 2018 and 5 April 2019 you’ll need to file a Self Assessment Tax Return. The deadline for online filing of your 2018-19 Tax Return is Midnight 31 January 2020. The same deadline applies for paying any tax you owe for that period.Continue reading “Self Assessment Tax Return 2018-19”
You didn’t start up your business to get bogged down in red tape! Your time is better spent taking care of business. Leave the bookkeeping and admin to an accounting professional who wants you to achieve your goals and vision.
Dealing with health-related absenteeism is a tough problem for the small-business owner. On the one hand there is a need to be sensitive to your employee’s unfortunate situation. On the other hand there is work to be done and you may need to recruit and pay someone else to step in for them during their period of incapacity. A case of long-term sickness or injury is likely to work out very expensive and will need careful handling.Continue reading “Dealing With Health-related Absenteeism”
All employers are legally obliged to enroll/re-enroll their eligible employees into a workplace pension scheme. They must ensure that the minimum pension contributions for employers and employees are being paid on time. Auto Enrolment minimum contribution levels are increasing in April 2019…Continue reading “Auto Enrolment Minimum Contribution Levels Are Increasing”
Does your customer owe you money? Is s/he ignoring your requests or refusing to pay for no good reason? What should your next move be? Here’s what you need to know about debt recovery, court orders and judgement enforcement.Continue reading “Debt Recovery, Court Orders and Judgement Enforcement”
Making Tax Digital (MTD) is part of the Government’s plan to make the UK tax system “more effective, more efficient, easier for taxpayers to get their tax right”. The main points to note are:
You can develop fitness for business. You can be leaner, stronger, and feel more energised without making drastic lifestyle changes or sacrificing productivity.Continue reading “Fitness For Business”
Knowing your customers and getting a grip on credit control is vital for your cash flow management. Here are some tips to help you get paid on time and deal with late payers…Continue reading “Credit Control, Cash Flow and Late Payers”
The European General Data Protection Regulation (GDPR) will apply in the UK regardless of Brexit. The deadline for compliance (25 May 2018) has come and gone but I know there are business owners out there still wondering what all the fuss is about. So here’s my advice if you have yet to get started on making your business ready for the GDPR.