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What are the benefits of paying by direct debit?

Why direct debit is beneficial to you When deciding which accountant best suits your business, understanding how you will be charged for those services may be a key component. Will you have one large bill after the accountant has finalised your accounts and will you know when this might be? Even though the cost of […]

5 common accounting mistakes that could hurt your gym business

5 common accounting mistakes that could hurt your gym business Many gym and fitness centre owners – especially those just starting out – tend to handle their own accounting and bookkeeping. However, keeping track of the finance-side of the business– everything from income to expenses to tax compliance– can be overwhelming. Mistakes can happen quite […]

More money for your business – tax savings during covid 19

More money for your business than you know Even with a little glowing light at the end this unimaginably long tunnel, it does feel like for 2021, things just managed to get worse. But we’re not here to spread doom and gloom. We want to bring hope and open your eyes to options that until […]

7 signs that your business is leaking profit

7 signs that your business is leaking profit …..and you need to hire an accountant 7 signs that your business is leaking profits and you need to hire an accountant.   Accountants play an important role at various stages of the growth of your business. They can handle much more than just your payroll and tax returns. So, when should you consider hiring an […]

Trivial Benefits – what are they?

What are trivial benefits? Should you care? What are trivial Benefits? Trivial benefits are best described as small ‘token gifts’, given by management to their employees. This can come in any shape or form but generally speaking, they are typified by gestures such as bottles of wine, chocolates, beer for the office, or team lunches. Essentially little […]

Collect your debtors faster

Collect your debtors faster Did you know that you still have to pay tax on your debtors, even if you haven’t yet collected them?  This is because you pay tax on your sales figures, whether you’ve collected the cash or not.  So, how do you collect your debtors faster?  Agree your payment terms at the time of […]

Prime example of maximising extracting value

Prime example of maximising extracting value from your business Let me introduce Gwil, a business man who knows what he wants; he wants to save tax, so the money he makes stays in his pockets (or his families…).  Here is his story and if you can relate and would like to see how you can […]

32 ways to get the maximum value out of your business

32 ways to get the maximum value out of your business A question I get asked all the time is: ‘What can I take out of my business?’ and ‘how do I save more tax?’ Well, the quick answer is, ‘there’s up to 32 ways to get value out of your business, tax efficiently.’ Yep, […]