Pressures on Financial Services throughout the COVID-19 Pandemic

These are strange times that’s for sure, and Accountants and Bookkeepers have really felt the pressure of the added stress that they have faced since the beginning of lockdown. Businesses have faced financial strain from the impact of the Coronavirus and as a matter of urgency they were turning to their Accountants and Bookkeepers for help and advice.  Although great … Read More

What is a PAYE Settlement agreement, and when do I need to pay it?

A PAYE Settlement Agreement (PSA) is an agreement with HMRC which allows you to make a one off payment annually, to cover all Tax and National Insurance due on; Minor, Irregular, Impractical expenses or employee benefits. Therefore you do not need to; Put them through your payroll Include them in your year end P11D forms Pay Class 1A National Insurance … Read More

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