Knowledge
Centre

I didn’t know that? This is a phrase we hear a lot, especially when someone sets up a limited company and especially in January when personal tax returns are due. Here are our top 10 I didn’t know that questions 1 . I didn’t know that I needed a separate bank account?   Yes, a limited […]

As accountants, a lot of our time is spent answering your queries and questions to help ensure you make the best financial decisions for your business.  However, (after a while), the same questions inevitably start to crop up.  So, in the hope that we can help out (and save you some time), we’ve answered your most […]

Each year HM Revenue & Customs (HMRC) undertake an enormous number of tax enquiries into individuals and businesses to check they have paid the right amount of tax. Since 2010 HMRC have strengthened their approach to enquiry work by using wider powers and sophisticated software and consequently a record £36.9 billion of additional tax revenue […]

Anti-money Laundering – sounds scary, doesn’t it? Our governing body (AAT) requires us to follow strict guidelines to help us spot signs of money laundering. Although we trust our clients, we must follow all of the steps to comply with the regulations. What is anti-money laundering? Our team are all trained to spot the signs […]

Employees are sometimes afraid to voice their opinions. The same goes for disappointments, frustrations or general ideas, especially when it comes to changing the way things are done. As you can imagine, this can be damaging to the growth of a business; it can even stagnate it completely. Working with family members, however, is a […]

Paul and Jenni had a board meeting yesterday revolving around the cycle to work scheme and Boris Johnsons announcement regarding the new grants for Electric bikes.   Now when we say ‘board meeting’ it was actually a discussion over their ‘Avo’ on toast. The vote was a very formal “that sounds like a good idea” and […]

You Are Not A Bank As a small business, credit control can be a nightmare. Paul will tell you that when he first started running his traditional accountancy practice (Paul Donno & Co) he was pulling his hair out when he would do work, invoice the client and then not get paid. Unlike buying a […]