HMRC fake emails: how to spot them!

HMRC fake emails: how to spot them!

HMRC will be sending out emails to those people who have registered on the government gateway over the next few weeks. As the self assessment deadline fast approaches, they may get in touch to give you an update on your statement. And that means scammers will be...
Increase business profits

Increase business profits

Our last blog looked at turnover and profit and we explained the difference between the two. If you have a good turnover but poor profits, your business isn’t running as well as it might. Having better profitability increases the likelihood that your business can cope...
Turnover and profit: what’s the difference?

Turnover and profit: what’s the difference?

Turnover! It’s a word that many business owners drool over as they tell you how much their business has achieved this financial year. But what does it really mean? Owning a business with a great turnover sounds impressive, but if it’s smaller than what’s owed to...
What is Working Capital?

What is Working Capital?

Over the summer, we ran a 26-day series on social media called the A-Z of Accounting. Each day there was a brief paragraph outlining topics, phrases and words used by accountants and business finance specialists. Some topics were read by more people, so we’ve chosen...
What to do when your clients cease trading

What to do when your clients cease trading

A client had some extraordinary bad luck recently when two of his customers in the construction industry abruptly ceased trading owing almost £50k to our client. The situation was worsened by the fact that the goods had been delivered and invoiced but there was little...

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