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Bookkeeping and Accounting Services In Shropshire

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We are now Xero Certified Bookkeepers!!

For a while now we have been looking at the different types of “Cloud Accounting” out there.  Having taken on board comments from some of our clients that having a system that we can do all of the work on and that they can then log in to and run reports made us start to think about what additional bookkeeping support we could offer.  Julie […]

Self Assessment Deadline Looming!

This is a busy time of year for all of us, following the Christmas holidays we all have to get back into work when the days are dark and the clouds are grey. Don’t let that post holiday hiatus lead you into problems with the tax man though. The tax man waits for no one! The paper submission date has long passed, so by midnight Sunday […]

VAT Refund Rules

VAT Refund rules by HMRC have changed.   Rules about reclaiming VAT following registration have been changed by HMRC following its re-interpretation of the procedures covering VAT pay-outs.  As a result, some firms could lose money that they expected would be refunded to them.  Previously, for a period of more than 40 years, the rules allowed traders that already held stock and assets prior to […]

Employment Allowance Rises

It was announced in the last budget that the Employment Allowance for employers will be increased from £2,000 to £3,000 per year from April 2016.  Employment Allowance was introduced in 2014 and enables eligible employers to offset the allowance against their Class 1 National Insurance Contributions (NICs).  Eligible employers include sole traders, firms or charities that pay Class 1 NICs on their employees’ or directors’ […]

National Living Wage

Following on from the last Summer Budget the National Living Wage is now £7.50 per hour for all employed workers aged 25 and over.  It was also proposed that the National Living Wage could increase to £9 per hour by 2020. The current National Minimum Wage for those under the age of 25 still applies.

Top Bookkeeping Tips

Follow these straight forward tips to help your business save time and money when it comes to your bookkeeping.Top bookkeeping tips for clients  To stop having to sort through several personal receipts when preparing your books transfer the money for yourself from your business bank account to your personal account in the appropriate manor (drawings, salary, dividends, reimbursed expenses) this will save lots of time […]