25th Business Birthday - Wow! So it’s my 25th Business Birthday. 25 years ago I started my business Pro Active Resolutions in my back bedroom. Certainly, time has flown and it has been a fantastic journey- which has seen a lot of changes. From as far back as I can...
Getting paid on time Getting paid on time and keeping business cash flowing is the most important thing to keep your business wheels rolling. It’s the life-blood of any business and you need it to survive, sustain, and grow. You need cash for a whole variety of...
Xero Accounting - Start today Sign up and Free up some of your precious time with Xero & Cloud Accounting Xero: The benefits to you and your business. Get started with Xero and you won't look back Firstly, taking on new systems can be daunting, however cloud...
Make money: Take charge of your numbers Make money: Take charge of your numbers sounds like obvious advice. Above all, there's an immediate problem, and that is numbers scare people. Your school Maths teacher may have been responsible. To clarify, numbers can feel...
Above all, a business is there to make money. It’s your primary responsibility. Money means profit. It doesn’t make any difference whether your business is a private business, social enterprise or charity. Some headline reasons for making profits include: No...
Self Assessment Firstly, Self Assessment was introduced by the Inland Revenue (HMRC) in April 1996. Secondly, this tax system used to assess and collect Income and Capital Gains Tax. This vlog looks at How to prepare your tax return 21-22 Some important things to...
Xero: Two-Step Authentication gives an extra level of security and helps keep your Xero account safe
Tax Return: Dates and payments To clarify, the two previous blogs have looked at who must prepare a personal tax return, and what can be claimed. Your personal tax return includes details of your income and capital transactions. Our focus today is 2020-21, 6th of...
To clarify, making the correct Construction Industry Scheme (CIS) deductions is one of the schemes conditions. So, are you doing it correctly? Firstly are you working in construction? Secondly are you a contractor, subbie, advisor, all of those? If so this article will/should provide some value. Payments to sub-contractors: travel, subsistence and accommodation Under the Construction […]
Firstly, Personal Tax return season (Self Assessment) 2019-20 finishes on 31st January 2021. Secondly, you may have done yours, so relax, but if you've not read on. I'll start by looking at the first steps and then proceed from there. Some important stuff to things...
Xero is a powerful Business Information System, and not just a record keeping system. Every business, however big or small you are, should know some essential things about their business. Xero is a Cloud Accounting system, it is our platform of choice, not...
First of all Record Keeping in The Cloud deals with a business task neglected and disliked by many. Similarly Cloud accounting does the power lifting of record keeping. Furthermore it saves time, money, and gets businesses to connect to. Hence letting you take charge...
Budgets: Setting Targets Budgeting involves setting targets. Clear targets motivate people to high performance levels. Budgets are your stories of tomorrow. They show choices, aims and objectives. Targets are typically shown in terms of money, i.e. income, costs and...
Firstly, the art of budgeting is quite complex. A budget is a plan expressed in money. It tells your future story in monetary terms. Secondly, budgeting is one of the most powerful business and management tools around. It plays a key part in planning, control, and decision-making. Plan your budget Firstly, decide who is going […]