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Tax Tips & News

The 7 Mistakes Made in Choosing an Accountant & How to Avoid Them

Seeing your accountant as just another service provider.If you saw them as trusted advisors or a business partner, you would be able to access their tremendous business knowledge for your benefit. If you just want to pay as little as possible for a specific set of services that is exactly what you will get. Too…Read More

IR35 – HMRC Wins (this time)

Presenter loses IR35 appeal 28 November 2019 A BBC presenter has failed to convince the Upper Tribunal that her work was outside the IR35 rules. Why does this ruling have a significant impact and what key aspect of the decision do contractor clients need to know about? BBC. The BBC has been making plenty of…Read More

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

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