Do you know about the changes to VAT with GoCardless?

Until April of this year, GoCardless have been exempt of charging VAT on fees, but following on from the government’s announcement in April of this year, that VAT will need to be charged on all fees for supplies, it meant that GoCardless were required to charge VAT on all of their fees. Due to the COVID-19 pandemic GoCardless made the … Read More

How to choose the right bookkeeper for your business

A bookkeeper offers a vital service for your business. They save you time and money, giving you the freedom to concentrate on your area of expertise! But how do you choose a bookkeeper? There are many things to consider when taking on a bookkeeper; Attention to detail and problem solving The most important part of a bookkeepers job is attention … Read More

Are you utilising automation within your business?

Technology is evolving at such an incredible pace, it seems to pick up momentum and just keep revolutionising. It’s crucial for businesses to embrace the change in technology and utilise it to their advantage to ensure the running of an efficient business. The introduction of automated processes has had a massive impact on processes and procedures within organisations. Automation can … Read More

Coming in 2020 TWO Sage 50Cloud Payroll year end updates

Come and join our support community of Sage 50 Payroll Users on Facebook for tips and advice. This year the Government have announced that the Budget will be issued later than usual on 11th March 2020. Due to this Sage (UK) will be releasing two Sage 50Cloud Payroll updates. The 1st update will be released in February 2020, which will … Read More

Don’t forget to back up your payroll data

We highly recommend you make a note to complete regular backups of your Sage payroll data. That way if anything happens to your computer, you can always restore your previously backed up data so you don’t need to process everything again. You should try to take at least one backup to an external device such as a USB. How do … Read More

Making Tax Digital-Are you ready?

calculator and pen on white background with mtd sign on top

Making Tax Digital – Are you ready? With the ever looming deadline approaching, 1 April 2019, VAT-registered businesses in the UK will need to submit their VAT returns using “functional compatible software”, as part of HMRC’s Making Tax Digital (MTD) plans. One thing to remember is that from April 2019, if your VAT turnover is above the VAT threshold (currently … Read More

Minimum pension contributions to increase in April 2019

orange arrow rising on gold blocks

Minimum pension contributions rates increase again in April Minimum contributions that are set by the government for auto-enrolment will increase again in April 2019. It will be the law. The increase will take the total minimum amount to 8% (at least 3% from you as the employer). This is assuming you’re calculating minimum pension contributions on qualifying earnings. If you … Read More

Fantastic Gadgets for Accounting

photo of a table of gadgets

Fantastic Gadgets for Accounting From laptop touchscreen converters to handheld paper shredders, there are plenty of gadgets for accountants and bookkeepers. Check out this selection of our favourite products that make an accountant’s life easier and more productive. Okay, or maybe a little more fun! If you happen to be in the market for some new tech, then you may … Read More

Cybersecurity – Tips to protect your practice

computer screen with security word and cursor

Cybersecurity – Tips to protect your accountancy practice Repair systems in a timely fashion Restrict user access Change passwords regularly Segment networks Upgrade software to the current version – or at worst the last but one release Remove data you don’t need   Limit your liability but educate your client In a world where accountants are advising clients on which … Read More