Category: <span>Business Expense</span>

Bookkeeping tasks to complete in January

January is a great time to review your bookkeeping processes and get your business’ finances organised for the new year. For many businesses, January is a quiet time of year that is best used to review performance and processes and plan and prepare for the year ahead. Complete the following bookkeeping tasks in January to…




Benefits of outsourcing your payroll to an accountant

Running payroll can be a complicated and time-consuming job, but it is nonetheless a very important part of operating a successful business. Your employees depend on you running a regular, reliable and accurate payroll for them to meet their financial commitments. Making errors with your payroll can be costly. Not only is it highly unprofessional,…




What are the benefits of using accounting software?

Even if you’ve hired an accountant, accounting software is an invaluable tool for every business, no matter its size. Whether you’re a freelancer or an e-commerce business, accounting software will help you to record, manage, and analyse your business’ finances and performance. Having all your financial information stored in one organised, digital place makes your…




Things You Can Do When Business Is Slow

Depending on the type of business you are in, February can either be a bumper month or a slow one. Half term holidays for example can often bring an abrupt halt to any hopes of gathering momentum when key decision makers are off on holiday but there is a lot you can do as an…




Is Your Pricing Right?

If you are wondering if you are selling your services too cheaply, you are not alone. Most SME business owners find themselves wondering if their price is right when it comes to the products and services they offer. Setting the right price, however, can be a challenge if you are in a competitive industry. The…




How Generous Will the Taxman Allow You To Be With Your Gifts This Year?

This time of year, most businesses owners will be looking forward to letting their hair down at various end of year functions as well as Christmas parties. The good news is there is a chance that Some of these events could be made all the merrier with some favourable treatment from HMRC as long as…




How To Claim All The Business Expenses You’re Entitled To

Claiming back expenses is one of the key attractions of running a business but knowing what to claim can sometimes be difficult to understand. Getting to grips with what you can and can’t claim for, however, will not only save you money on tax but also boost your business profits when you don’t end up…




Can You Claim Your Christmas Party As A Business Expense?

You either love office parties or you hate them but either way they could be tax deductible as long as you follow certain tax rules. Those rules mean that you can spend £150 a head to treat your staff to turkey, all the trimmings and perhaps even a bottle of wine this year. As long…