March is the chosen financial year end for more than 60% of our bookkeeping clients, whether they are a sole trader or a limited company. So in April and May we are completing March and April bookkeeping for our bookkeeping clients, completing their VAT returns and finalising their accounts to hand over to their accountant. […]
Archives for May 2020
Why eating well is the key to improving your wellbeing
Whether it’s the stress of running a small business, or the anxiety you might be facing at an accounting firm, there are a lot of things out of your control right now. There are some things however around wellbeing that you can take control of today. In our recent wellbeing series, we’ve been looking at […]
mRNA Vaccine Playlist
I applaud all of the businesses who are now attempting to reopen by evolving their businesses on the fly. It’s commendable, and brave and ingenious. Unfortunately, it’s too late and too small to give us a recovery back to the 2019 economy any time soon. You can’t operate a restaurant or a catering hall or […]
Lockdown 4.0: E-commerce firms may finally resume full operations
Representative Image E-commerce companies such as Flipkart, Amazon and Snapdeal, as well as vertical etailers including Lenskart, Nykaa, and Firstcry, are expected to resume full operations from Monday after the central government removed all restrictions on online retail as part of its plan for Lockdown 4.0. These platforms were so far restricted to selling non-essential […]
It’s Not All Relative – Compensating Family Members
If you have a family member working at your business, you probably know you need to avoid nepotism. You wouldn’t hire a less-qualified or unqualified family member, pay them more, promote them, or allow them to defy company policies because of their relationship to you. But even if your family hire is qualified, receives a […]
Covid-19 lockdown has turned niche food vloggers into social media stars
It’s Lockdown 4.0. Everyone knows someone who is fussing about, failing at, or flaunting their culinary skills. From millennials to Gen Z, from Boomers to their seniors, people across age groups and geographical boundaries are picking up the ladle — either for the first time in their life or for the first time in a […]
General Atlantic to invest Rs 6,598.38 crore in Jio Platforms
Private equity firm General Atlantic has agreed to plough Rs 6,598.38 crore into Jio Platforms, the holding company of India’s largest telecom operator. The US-based fund which manages $35 billion in assets globally will buy a 1.34 percent in Jio Platforms, valuing Mukesh Ambani-promoted Reliance Industries’ subsidiary at an equity value of Rs 4.91 lakh […]
Australia says China ignores calls to ease trade tension
MELBOURNE (Reuters) – Australia urged China on Sunday to respond to its requests to discuss easing tensions between the two trading partners after Canberra called for an international enquiry into the origins of the novel coronavirus. China, accusing Australia of playing “petty tricks”, has recently suspended beef imports from four of Australia’s largest meat processors […]
JC Penney’s future depends on what happens over the next two months
It’s not typical for a bankruptcy court hearing to fall on a Saturday, and it’s nearly unprecedented for it to happen by phone. But as the coronavirus has battered the U.S. economy, J.C. Penney must navigate almost entirely uncharted territory as it looks to shed debt and emerge from bankruptcy a stronger company. The iconic […]
SBA releases PPP forgiveness form but AICPA urges more detail
The U.S. Small Business Administration (SBA), in consultation with the Department of the Treasury, released an application form Friday for Paycheck Protection Program (PPP) loan forgiveness along with instructions for completing the form. The form and instructions offer borrowers details on how to apply for forgiveness of their PPP loans, consistent with the Coronavirus Aid, […]