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Four essential daily accounting tasks

Staying on top of accounting tasks is very important for a business, as is knowing how much cash you have available. You need to make sure that you have enough money in your account to cover bills like wages and the purchase of materials. Here are four tasks that, if performed every day, can make your accounting much less of a headache: (more…)

Our tips for streamlining your payroll

Most businesses struggle with day-to-day administrative tasks. Often, there just does not seem to be enough hours in the day to get everything done.

Small business owners spend between 41 and 80 hours a year on payroll and tax administration. That is time that could be better spent on tasks like marketing and serving customers, both of which help to grow the business and make (more…)

Four 2016/17 payroll changes that you need to be ready for

Practically every year, The Chancellor introduces changes that have an impact on how you run your payroll. This is certainly true of the 2016/17 tax year. Below is a summary of the major changes to help you to determine whether you have made the necessary changes to your payroll systems: (more…)

Europe adopts Osborne’s tax transparency policy

A number of British crown dependencies and member states in the EU have responded to Chancellor George Osborne’s plea for (more…)

HMRC agrees to end Aspire IT agreement

HM Revenue & Customs (HMRC) has revealed that it has agreed terms with its main IT suppliers as part of (more…)

The Impact of the 2016 Budget on SMEs

If you run a small or medium-sized business, the chances are you are very pleased with the measures announced in the 2016 budget. George Osborne called it “a budget that backs business”, and many economists believe that is exactly what he delivered.

Interestingly, these changes are just as important for society as a whole as they are for business. Successful, profitable businesses employ more people, pay better wages and contribute to (more…)