All businesses need to provide an invoice whether that is a till receipt, a handwritten one from a duplicate book, your own template using Word or Excel, or a bespoke invoice from your accounts software. If you deal with lots of suppliers you will receive a variety of invoice formats. How many of these give […]
Corporate Tax Trends: Take your seat in the Boardroom!
Our customers’ corporate tax departments are all about moving money around the world to lower their organization’s taxes. That is why they bring their tax department to the boardroom to discuss strategy. It’s hard to imagine how many dollars a corporation’s tax department has saved through high-value strategic work. The relevant questions for you to answer are: Where are […]
Are you prepared for the 2017-18 payroll changes?
One more monthly payroll and we will be starting a new tax year for 2017-18. Are you aware of the changes you need to implement? Minimum Wage increase The National Living Wage increases from £7.20 per hour to £7.50 per hour from April 2017 for employees aged 25 and over. The National Minimum Wage will […]
5 open source security tools too good to ignore
Open source is a wonderful thing. A significant chunk of today’s enterprise IT and personal technology depends on open source software. But even while open source software is widely used in networking, operating systems, and virtualization, enterprise security platforms still tend to be proprietary and vendor-locked. Fortunately, that’s changing. If you haven’t been looking to […]
HMRC’s Two Step Authentication
For some time now there has been the option to set up two step authentication to access your personal tax account through HMRC or the Government Gateway. I have found that that choice no longer exists. Today I had to set up two step authentication and not only did I have to provide either […]
Review: Samsung SmartCam PT network camera
The home security camera market has taken a big hit in recent months, becoming the poster child for “bad security behavior” when people talk about the security (or lack thereof) of Internet of Things. Last year’s highly publicized DDoS attack on Dyn highlighted insecure cameras being used as part of a botnet; vulnerabilities were also […]
Bookkeeping is our Specialty!
Bookkeeping is not just entering invoices or payments. If it was I think we would be bored by now! What we love is working with such a wide variety of businesses. It is fascinating what people do, the skills and knowledge they have and how their business develops. It makes bookkeeping interesting and provides us with all […]
Is your business ready to become VAT Registered?
As your business grows there will come a time when you will need to register for VAT. In 2016-17 if your turnover reaches the threshold of £83,000 within a 12 month rolling period you have 30 days in which to register for VAT to avoid a penalty. Many businesses keep their turnover below the threshold because […]
The Benefits of In-House Fixed Assets Management
Determining whether in-house fixed assets management is right for your company is a complex issue. Reasons for bringing this function in-house vary, and there may be alternatives that will achieve the same goals a different way. Because each company has unique needs, you don’t need to take an all-or-nothing approach. Options for in-house fixed assets […]
Have you set up your pension scheme?
700,000 small employers will be reaching their Staging Date for pension auto enrolment in 2017. That is 200,000 more than the number who had to set up their pension scheme in 2016. Setting up an auto enrolment pension scheme is proving challenging for businesses. There are so many options to consider and if you are […]