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Archives for 2015

Make your life easier in 2016

December 21, 2015 by cbn Leave a Comment

Make your life easier in 2016

The Christmas and New Year break is a good time to reflect on all that is good and not so good with your business.  Business owners have chance to step back and take time to look at what works, what doesn’t and what could be better as well as planning for the coming year. How […]

Filed Under: Bookkeeping

Is Superman Syndrome affecting your ability to delegate?

December 11, 2015 by cbn Leave a Comment

Is Superman Syndrome affecting your ability to delegate?

Superman syndrome is derived by the same personal characteristics which makes small business owners and entrepreneurs successful. Successful business owners often have a strong willpower and a great sense of individualism, this is what led them to take the risk and believe in their ideas and themselves from the start. However there comes a time […]

Filed Under: Bookkeeping Tagged With: Business, Outsourcing

Can you claim VAT on your Christmas party?

December 7, 2015 by cbn Leave a Comment

Can you claim VAT on your Christmas party?

If you are treating your staff to a Christmas party you should be aware of what is allowable and what is not according to HMRC. VAT can be claimed on staff entertaining which would include parties, outings or team building events if they are for a business purpose.  A business purpose would be to reward […]

Filed Under: Bookkeeping

Auto Enrolment Administration eases the pain

November 23, 2015 by cbn Leave a Comment

Auto Enrolment Administration eases the pain

For the last two weeks Karen, our Auto Enrolment Administrator, has been busy setting up workplace pension schemes with The People’s Pension. This has been the most popular pension scheme with our client employers and several of them decided to have it set up before the new charges came into place today. Since the announcement […]

Filed Under: Bookkeeping

Carrier Bag Charges – compulsory or voluntary?

November 16, 2015 by cbn Leave a Comment

Carrier Bag Charges – compulsory or voluntary?

On 5 October 2015 a compulsory charge was introduced for single-use carrier bags.  This charge is only compulsory to businesses with 250 or more full time equivalent employees however smaller businesses can introduce this charge voluntarily.  Whilst larger businesses will have to keep records of carrier bag use, smaller businesses do not have to.   […]

Filed Under: Bookkeeping

Pension Auto Enrolment is now costing employers even more

November 9, 2015 by cbn Leave a Comment

Pension Auto Enrolment is now costing employers even more

We have been talking to our employer clients about pension auto-enrolment for some time now and presenting them with fact sheets about the three schemes which would not cost them anything to set up.  NEST, NOW Pensions and The People’s Pension were all schemes that would take small employers with less than 50 employees.   […]

Filed Under: Bookkeeping

Pension Auto Enrolment is now costing employers even more

November 9, 2015 by cbn Leave a Comment

Pension Auto Enrolment is now costing employers even more

We have been talking to our employer clients about pension auto-enrolment for some time now and presenting them with fact sheets about the three schemes which would not cost them anything to set up.  NEST, NOW Pensions and The People’s Pension were all schemes that would take small employers with less than 50 employees.   […]

Filed Under: Bookkeeping

What is the difference between a bookkeeper and an accountant?

November 2, 2015 by cbn Leave a Comment

What is the difference between a bookkeeper and an accountant?

Both an accountant and a bookkeeper have valuable roles to play in your business and generally you need both and not one or the other. A very simple explanation of their roles is that a bookkeeper will record the day to day financial transactions of your business, whilst an accountant will use the information a […]

Filed Under: Bookkeeping

What are the benefits of using Xero for your accounts?

October 20, 2015 by cbn Leave a Comment

What are the benefits of using Xero for your accounts?

We have been working with Xero accounts software for a number of years and have found it to be very valuable to some businesses.  So what are the benefits for our customers? We started working with a large national charity in 2014 and when they approached us their main concern that they didn’t have visibility […]

Filed Under: Bookkeeping

Are you paying your bank too much?

October 13, 2015 by cbn Leave a Comment

Are you paying your bank too much?

Business bank accounts have free banking for between one and two years after you set them up but once that honeymoon period is over do you check what you are paying charges for?   Banks often have two levels of charging – one which is beneficial for businesses who do most of their banking via […]

Filed Under: Bookkeeping

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