by Georgi Rollings | Sep 18, 2020 | Being an employer, Directors, Limited company, Tips and Tricks
As accountants, we’ve been asked plenty of times – “should I get a company car?” Up until recently, our answer was usually no. But new tax incentives relating to electric vehicles means we’re shifting our thinking towards an overwhelming YES. With government...
by Georgi Rollings | Sep 4, 2020 | Business Planning, Tips and Tricks
Hospitality folks – hang in there. These last too-many-months of COVID have been hard on you. Not only have you had to adapt to a national lockdown, but you’ve come out the other side faced with fresh new challenges to overcome. * Reduced covers due to social...
by Georgi Rollings | Aug 21, 2020 | Accounting, Tips and Tricks, Xero
I hope you are all safe, well and coping personally (and professionally) in these strange times. With the COVID-19 pandemic still very much affecting our “normal way” we’ve been so pleased to see business owners coming up with ingenious ways to do business during a...
by Georgi Rollings | Aug 14, 2020 | Business Planning, Limited company, Sole trader, Tips and Tricks
The UK is officially in recession for the first time in 11 years. I don’t think anyone is surprised, COVID-19 has had a significant impact on almost every area of our lives. We can’t ignore that a recession means increased financial hardship for a lot of people. We...
by Georgi Rollings | Jul 31, 2020 | Bookkeeping, Tips and Tricks, Xero
‘Open Banking’ can sound a little bit scary at first. When you’re thinking about banking, you’re not thinking “Hey I’d like my finances to be out in the open thanks”. Don’t worry – that’s not what it means. Although it sounds sketchy, Open Banking actually...
by Georgi Rollings | Jul 2, 2020 | Accounting, Bookkeeping, Limited company, Sole trader, Tips and Tricks
If you are using Xero you will probably have heard that this is the market leading cloud accounting software in the UK. You may be expecting minor miracles, where everything is easy to do straight out of the box. You should have immediately seen improved visibility...