There is always something to worry about for businesses when it comes to HMRC. Our tax scheme is so complicated that even the most experienced accountants are prone to having problems. A case in point is a recently settled squabble between HMRC and a company that makes chocolate bars. Who knew a chocolate bar could cause such consternation for the taxman?
The Xero accounting platform is one of the best in the business for a lot of reasons. At the top of the list is the Xero Dashboard, a single location to find all of the most important accounting functions you need quick access to. The Dashboard is a fast and efficient way to address accounting both in the office and in the field, and it is highly customisable for your convenience as well.
So, you really feel driven to launch your own start-up. You think you have this great idea you can turn into a successful business that could set you up for a lifetime of success. That’s great. The only question is whether you are willing to do whatever it takes to succeed. You see, the secrets to business success are not magic. Your success will depend more on your attitude than anything else you might encounter along the way.
Have you heard the old phrase, “there’s more than one way to skin a cat?” Whether you have or not, the principal certainly applies to marketing. There aren’t just one or two ways to effectively market. There are hundreds of ways to do it. You are limited only by your imagination and budget.
April 2019 is when the new Welsh rate of income tax (WRIT) kicks in for Welsh taxpayers. From 2019, the amount of income tax Welsh taxpayers pay will be partly determined by standard UK rates and partly by the National Assembly for Wales. If you own a business in Wales, the WRIT will definitely affect you. You need to start thinking about it now, in terms of both your accounting and the software you use for payroll.
The most successful business leaders in the world talk a lot about hard work. It goes without saying that it is difficult to succeed without working hard. But all work and no play makes Jack a dull boy, as they say. Well, not necessarily in business, but there is a similar principle in the business world that calls for taking the time to relax and meditate.
It’s a given that marketing is a big part of business success. The more frequently and effectively a company markets, the better it is going to do over the long haul. But what if a company doesn’t have an unlimited marketing budget? No worries. There are plenty of affordable and productive marketing strategies out there. Some of the hottest among them are listed below, divided into three categories: local marketing, content marketing, and online strategies. Read more
Xero’s built-in quote tool offers a tremendous amount of functionality that makes quoting, estimating, and invoicing as simple as a few clicks or taps. The tool is a single-entry tool, meaning that the information you enter into new quotes or estimates is instantly transferable to invoices without the need to re-enter all of the information all over again. Read more
A great idea is a must-have for any new start-up. But an idea alone isn’t going to cut it. You need funding. Unfortunately, funding is one of the biggest hindrances to people with great start-up ideas. The good news is that there are options. In fact, there are six options that make up the bulk of the funding that goes to new start-ups. Read more
Are you already using the Xero cloud accounting software to manage your business? If so, you really need to try Xero Touch, the mobile app that makes cloud-based accounting on-the-go incredibly easy. If you are not a Xero user, now is as good a time as any to check out the award-winning accounting package that has been turning heads since 2006.