Category: <span>Business Expenses</span>

Five Top Tips on what to look for as a small business when choosing an accountant

As a small business owner choosing the right accountant is one of the most important decisions you can make, and what works for one business may not be appropriate for another. This quick guide is designed to provide you with some of the most critical points to consider. Research and make your choice early Ideally…




Money laundering: do you fully understand the risks?

Essential due diligence  Accountants play an essential role in preventing money laundering by understanding risks, meeting regulatory obligations and encouraging compliance and good practices to mitigate these risks. Reviewing firm-wide risk assessments of money laundering threats on a regular basis is imperative for accountancy firms to make sure they have identified all the areas relevant…




How to move offline accounting online

For many small businesses today, who either are online or are planning to do so in the future, it is critical to provide their customers with the easiest and most comfortable way to pay for products or services. This means it’s highly likely many of your business clients are using different services to accept and…




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,…




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…