Posts

Knowledge is power…… and can save tax!

It’s been longer than I’d of liked since my last blog post…..needless to say it’s been a busy period.  During the time since my last blog post there has been a recurring theme. This is that tax is complicated, so it really is worth investing in proper advice when your preparing your tax return.

Of course I would say this, but I thought I would give a couple of examples of where knowledge of the tax system and associated paperwork, has led to me either obtaining refunds or significantly reducing the tax demands issued by HMRC.

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Who doesn’t love to receive a testimonial?

We all love to receive a nice testimonial, but I was completely blown away by the one we received last month from a relatively new client (The Konjac Sponge Company), who have only been with me for around ten months.  I guess this blog post is a shameless plug of that testimonial!!  It’s always nice to hear directly from clients that they think you’re doing a good job.

With that in mind, if you or someone you know is looking for an accountant please pass them my details or point them towards this post!

Testimonial for SBA accountants of Leighton Buzzard from The Konjac Sponge Company

It’s always good to know you’re providing a good service

Bookkeeping made easy peezy….

With so many choices on how to keep your books we think Xero is the best option for small businesses.

Plus until the end of March 2015 we can offer two months’ free subscription worth over £40!!

 

Owner managed businesses have a wide choice when it comes to the ways they can undertake and record their bookkeeping. Below are the more common ones, along with our preferred method and supplier:

Manual books
OK, there’s not many of these around these days, but I do know a few people that are still using them!

Spreadsheets
These are frequently used and I am always amazed by the mistakes they contain. There are often errors in the formulas, the formatting could be improved, wrong dates are included – all of which can lead to additional time and costs at the year end.

Bookkeeping packages
These rely on backups of the software being emailed to accountants at the year end.  Not to mention the need of data backups and disaster recovery in case your computer dies.

Cloud packages
We think this is the best solution, and is something we are passionate about. They offer a number of benefits over the other options above.

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