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Who are the Winners in the Cloud Accounting World?

Here is an article from the Sunday Times that shows who’s winning in cloud accounting market place for software. The clear winner is Intuit with Quickbooks Online. The numbers are quite illuminating. September 1 2019, 12:01am, the Sunday Times Sage’s offline software business evaporates into cloud Author: Ben Wood As he waxed nostalgic about his turnaround…Read More

What is the value of your business? Is it important to you?

Many business owners start a business to provide income for themselves and their families.  As the years roll on, they may or not be as successful as they imagined at the game of business.  If they do well, the income can be good but the tax cost can be horrendous. The real gold in a…Read More

What is the Right Price?

In the world of marketing, everyone (including us accountants) and clients seems to be obsessed with PRICE.  What price will get that client onboard? Having seen a number of clients over the years fixated on a low price as proof of their superior deal making skills,  I have to conclude much of this is just…Read More

Business Renewal or Exit!

I am often talking to clients about the need to either renew their business or plan for succession.  This year I am practising what I preach.  I have chosen to renew my business to invest and improve it for the next few years.   The past year was affected by staffing issues.  In a full economy…Read More

The Difference between Management and Tax Accountants Explained

If you have wondered if you have the right accountant for your business, please read on. A tax accountant can help with calculating your tax bills and filing your tax returns.  That’s about it. There are so many people supplying businesses in this field that finding a good one is fraught with danger.  If you…Read More

Why annual accounts are your enemy

If a business has existed for a few years and it has grown steadily to the point where you have staff who need guiding and managing, then you are potentially missing a trick in not using your accounts information is a key tool in managing your business. Too many people look at the bank balance…Read More

What Keeps You Awake At Night?

The most common reason is NOT KNOWING WHERE YOU STAND with respect to your business. If you’re not getting reliable information on a regular basis in a format that you can understand, we can help! We’re experts at developing accounting systems and reports. Alternatively, we can prepare the figures for you, accurately and promptly, and…Read More

Is your Tax Code Suddenly Beyond Understanding?

This is because HMRC have introduce something called “In Year Adjustments” where they attempt to collect tax you might have paid through Self-Assessment.   It probably is something that is unpredictable by you and certainly by HMRC but they will have a go at estimating and taxing it.   I think dividends and pension income are are…Read More

Mindset and dealing with the effects of news upon us

I have attached a link to an article by Tim Price, an investment manager I follow that considers about how we see the world and how it conditions our actions.  I found this to be quite profound and reflects some of my own experiences. These thoughts are framed within the Brexit debate (no opinion offered…Read More

Helping start-up businesses

I seem to have seen more people starting up in business this year than I can remember.  As always the optimism is tremendous.  People come to me to ask about tax.   I am happy to answer them but I hope I send them away with so much more. I met Corinne this week, a young…Read More

Why some landlords have never had it so good

I noticed this article in the Times over the weekend and thought it would appeal to any of our property investor clients thinking about incorporation for their property business.  There is some good commentary on the issue and some good news on lenders working with the incorporated sector. I hope you find this helpful.  If…Read More

Do You Know Your Value Chain?

Many companies become low margin operations through fear of competition with the result that a high proportion never achieve their owners hopes and aspirations. Why is this?    One reason is failing to recognise what the business or the owner is good at and what they are not.   They do not understand where they create value…Read More

Time is fast running out for UK businesses!

Don’t you just love the UK Government?  UK businesses are just getting over the huge cost and upheaval from the Automatic Enrolment regime and now we have another one to deal with. You’ll love this. They call it ‘Making Tax Digital’. Of course we don’t yet know exactly how it works, because as you know,…Read More

Reward yourself

Here at Robert A Harris & Co, we have a very special idea for you.  This one combines genuine tax relievable business expenditure with a system to reward you personally for doing business. There are some reasons for looking at this service: Once you join the online platform you can both advertise your business to…Read More

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