Latest News
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...
The A-Z of Accounting
Accounting has a lot of phrases that we accountants use regularly but may just sound like jargon to you. So, we’ve chosen 26 words or phrases that we use and explain them in laymen’s terms. A = Asset. An asset is something owned by a company that has future economic...
Are you getting the most from tax deductible expenses?
Tax deductible expenses! It’s not a phrase to quicken the pulse and for some people, it sounds a bit daunting, so what is it all about? Running a small or medium business means that as well as generating income for your enterprise, you also have to spend money....
Tax affairs! Are yours in order?
Keeping your tax affairs in order is essential. It may sound obvious and it may sometimes feel a little painful having to pay the taxman, but not doing so can lead to you facing consequences beyond any penalties you may incur. For example, last week the director of a...
Switching accountants is easy!
Have you seen the TV advertisement with a guy dressed as a sports coach? He suddenly pops up in the lives of ordinary people who are staring at their utility bills. Said coach then tells them that it’s easy to switch their supplier! And, let’s be honest, it is very...
There’s no such thing as a silly question
It’s unknown who said it, but we agree that there is ‘no such thing as a silly question’! There are some observers who may disagree; however in accountancy there really isn’t such a thing as a silly question. Business finance can be a bit of a minefield if it isn’t...
Do you know about new VAT rules for the construction industry?
On the back of Making Tax Digital (MTD) comes exciting news! If you are in the construction industry you may have to deal with the domestic reverse charge arrangement from the 1 October 2019. If you’ve never heard of MTD either you have been on another planet or your...
Why it makes sense to sort self assessment now!
That’s it! The end of another tax year for those who are self employed. So what is your plan? Will you now sit back and wait until the online filing and payment deadline of 31st January 2020? It may seem like there’s no great rush, but there’s always an issue if you...
Workshops will help business owners of all sizes
Kathyrn tells us why workshops can help small business owners Between all of us here at Guidon Group, there is a wealth of decades of experience in all areas of accountancy and we’re always happy to pass on our expertise to our clients. While we are unlike many...
Why We Became the Guidon Group
Tony McNally explains our choice of business name When Kathryn and I decided to launch our accountancy company we knew we needed a name that would encapsulate our ethos. As you may have read in a blog by Kathryn, we wanted our accountancy practice to be very...