Blog

Q: I’m confused, what is the difference between ‘Auto-Enrolment’, ‘Work Place Pensions’ and ‘Stakeholder Pensions’? A: All three terms mostly relate to the same thing. Auto-Enrolment is the term used to reference an employer's recent obligation to provide a scheme to their employees. Work Place Pension is what you would call a scheme. A Stakeholder Pension refers to the previous rules whereby a scheme needed to be available should someone request...

I recently went down to London with Scott, where he was visiting a few of his clients to help them with Xero, amongst a few other things. This was a great opportunity for me to see a second round of Xero Training from the clients' perspective, what common questions were, and if they had progressed from their first sessions. Complex reporting & plan of action to fully move to Xero After a hectic...

  It shouldn't be a difficult process - with up to date business financials in Xero, and sound personal financial planning in place, you're in a very good position! Are you looking for an early start up loan? Do you have growth ambitions but need extra financial support to get the project off & running? Are you about to buy energy saving equipment for your business? Does your business spend time designing or creating new...

When I was invited to set up a small business on Xero I expected to be able to do it with my eyes closed. When I discovered that the business in question was an Australian trust that needed to file their Q1 BAS, and they were only in London for the next few days, I knew I had to be on top of my game. After first googling 'Q1 BAS' (so...

You took the great leap from spreadsheets to Xero for your general bookkeeping needs - you're adding purchase invoices, doing your sales invoices, reconciling your bank, and perhaps doing expense claims. But could you be using Xero more extensively?  Could it be helping you to do more by doing less? Tracking categories - this feature allows you to split results into categories, so you can compare how different sections are operating...

Alex Atkin kindly agreed to write a quick guest blog for us on everything to do with R&D tax credits.  This is often a very overlooked benefit to companies who are spending money on eligible costs (and the tax refunds can stack up). If any of this sounds familiar for your business, please get in touch and we'll check things out!   An Introduction to R&D Tax Relief R&D tax relief is designed...

So yes we voted and it did not quite go the way the markets would have liked it to go - it was pretty common knowledge that the markets would react one way or the other and due to the leave vote we have seen a reaction and market downturn. The key message here is that the market reaction is likely to be knee jerk one and very much short term....

When your Limited Company donates to charity you can claim tax relief on your corporation tax. This is claimed by deducting the donation amount from your trading profits before you pay corporation tax. There are many different types of donations such as: money equipment such as office furniture, computers, vans and cars, tools and machinery trading stock, these are items you either sell or make in house land & property, you may sell this on...