What does an accountant want?

Whether you’re a bookkeeper or a business who deals with their accountant directly it’s important you understand what they need from you. Some accountants will do the bookkeeping all the way up to year end accounts, but the majority concentrate on year end, leaving the preparation of accounts to the bookkeeper.  I have a 12- Steps Year-End course which shows … Read More

How to be productive in 2022

After the festive season it’s always difficult to get back into your usual routine. Once you’re in it, it will be like you were never out of it! This time last year we blogged about how to stay motivated whilst suffering from the January Blues. For some inspiration you can read that here. I’m sure that’s still a reality for … Read More

Changes to the National Living and National Minimum Wage

Your Sage 50 Payroll update should be released in February/March time. This will be a mandatory update to get the legislation changes to the National Living and National Minimum Wage. National Living and National Minimum Wage During the Autumn budget the chancellor announced that there will be an increase in both the National Living Wage and the National Minimum Wage. … Read More

The life of a trainer

The life of a trainer is never dull. It’s something I’ve done for about 21 years and it never ceases to amaze me how much people get from training.  It may be that clients have used Sage for decades and they just don’t see some of the features and benefits of the software. This is usually because they’re too entrenched … Read More

What I need to know about VAT for the 2022/2023 tax year

VAT wasn’t mentioned during the Autumn budget back in October. This means that for the 2022/2023 tax year the following will apply for VAT; Rates will remain the same The VAT threshold will remain the same The current VAT rates of 20% for the standard VAT rate, 5% for the reduced rate and 0% on zero-rated supplies will still be … Read More

Will the new business rates affect me?

On 21st October 2021 Rishi Sunak the Chancellor of the Exchequer announced the changes to business rates as part of the Autumn budget. He said that from 1st April 2022 until 31st March 2023 a new business rates relief would come into effect. The 50% relief, which is capped at £110,000 per organisation, is available for eligible businesses in the … Read More

What is the Pomodoro Technique?

If you receive my weekly emails you will have read about the experience I had with the Pomodoro Technique a few weeks ago. Following the responses I received I thought I would share this with a wider audience. If you’re not subscribed to my mailing list then you can subscribe here to receive weekly updates. What is the Pomodoro Technique? … Read More

What tax code should I use for the ICO fee?

The amount you pay to ICO for your data protection fee depends on the size of your business. They also take into consideration your turnover and business structure. This can be any amount from £40 to £2,900. Is the fee subject to VAT? The ICO website states: “No. Statutory fees are outside the scope of VAT, so no VAT is … Read More

What I need to know about plastic tax

If you’re a business who manufactures plastic packaging or you import plastic packaging then you need to be aware of the plastic packaging tax which is coming into place from 1st April 2022. The government has introduced this tax in their efforts to help the environment. However, biodegradable and compostable plastic will still be subject to the tax. The tax … Read More