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Blog

The Accountants for Growth

Company & Accounting Records

Company & Accounting Records
You must keep records about the company itself, financial and accounting records. HM Revenue and Customs may check your records to make sure you’re paying the right amount of tax. 
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Preparing accounts on a cash or accrual basis – which will you choose?

Preparing accounts on a cash or accrual basis – which will you choose?
From 6 April 2017, unincorporated businesses with sales of less than £150,000 can choose to prepare their accounts on a cash basis. In this way, they will only pay tax on income they have actually received and will only be able to claim on payments they have made.
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Cloud Accounting

Cloud Accounting
Let’s face it, most people see accounts as a necessary evil and they play little part in helping business owners make better decisions. However they are a necessity in order to comply with the law and tax authorities, so if we have to do them we may as well do them properly and in a way that adds benefit to the business.

We can make accounts a very important management tool that reports in real time the financial performance of your business. We do this via our cloud accounting solution where you can choose from a number of software solutions and support packages that best suit your business.
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Meet the Team | Angela

Meet the Team | Angela

Profession: Bookkeeper/Payroll Clerk


Years in the business:  Too many. About 30 years.

 

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Bookkeeping for your business

Bookkeeping for your business

Are you a business owner?


Most business owners are used to being pulled in a hundred and one different directions. You can only do so many things and do all of them well, there is one of you and hundreds of them and at some point, you have to decide which tasks you are willing to delegate. Many business owners therefore have to invest in a book-keeper to maintain he day to day finances of a company’s business transactions.

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Strategic Reports

Strategic Reports

For financial years ending on or after 30 September 2013 all UK companies other than those entitled to claim small company exemptions are required to include a Strategic Report as well as a Directors’ Report as part of their annual accounts reporting package.

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Management Accounts

Management Accounts

Many businesses require management accounts to measure and improve company performance. With this pro-active approach we try and add value in order to help you develop your business. Here are a few examples of what each business owner should ask themselves:-

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Advantages of cloud accounting

Advantages of cloud accounting

In the last couple of years we have seen several of our clients say goodbye to traditional accounting software and move across to software which is held in the cloud. Whilst cloud accounting allows users to access their data here and now from anywhere in the world, our clients find that the major benefit lies in the interaction with us as their accountants.

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Making bookkeeping easier

Making bookkeeping easier

There are many ways to make your accountancy bills smaller and they can be as simple as keeping the following things in mind when you submit your records for filing. 


Be sure to avoid these common errors when submitting your information;

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How to treat website development costs in accounts

How to treat website development costs in accounts

The accounting treatment for the costs of building and maintaining your website depend on how you intend on using it.


If it is going to act as a brochure website where customers use the site to find out about your business and products but do not buy directly from the site, then you should put the development costs through the profit and loss account as an expense. Clients like this treatment as it reduces their taxable profits and therefore the business’ tax bills.

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