23 Dec All I want for Christmas is… Cloud Accounting!
Written by Director Huw Moseley: With the big celebrations just days away and as we head into the New Year...
27 Nov Do you have a cash target?
Most businesses we work with have top line revenue profit. Often they'll also have a net profit target. But for many businesses, particularly agencies, it’s important to have a cash target too… If you have a largely fixed cost base in your people – ensuring you...
07 Nov Struggling because clients are failing to pay on time?
Did you know that half of all invoices are paid late – which can quite literally be a nightmare for businesses, having a sizeable impact on cash flow. Getting paid on time is vital, and yet it can be a crippling drain on resources. There...
28 Oct Are you in the 11% of people who file paper tax returns?
Posted at 23:40h
in Accounting, Limited Business, Self Assessment Tax, Small Business, Sole Trader, Start Up
Written by Director, Huw Moseley: Truthfully, it’s a little baffling to us here at Link Accounting that people still choose to file paper Self-Assessment Tax Returns – but 1.14 million people did so in October last year. That’s 11% of all people who filed a...
02 Aug How to: Reclaim VAT you incurred before you become VAT Registered
Posted at 17:30h
in Accounting, Cloud Accounting, Limited Business, Small Business, Start Up, Tax Rebate, VAT
Written by Director, Huw Moseley: If you’ve reached the VAT threshold (congratulations!) and need to register your business, it’s worth considering reclaiming any VAT that you have incurred on: Goods acquired in the last 4 years that are still owned at the date of registration Services...
29 Jul How To: get a potentially lucrative additional income through your second property
Posted at 10:30h
in Accounting, Limited Business, Personal Tax, Self Assessment Tax, Small Business, Sole Directors, Sole Trader, VAT
Written by Director, Huw Moseley: Lots of the clients I work with are in a fortunate position to own a second property – and it presents an interesting field of accounting. Did you know, for example, Furnished Holiday Lets (FHLs) – quite apart from being a great...
24 Jul And another thing about HMRC
Posted at 07:45h
in Accounting, Cloud Accounting, Limited Business, Self Assessment Tax, Self Employed, Small Business, Sole Directors, Sole Trader, Start Up, Tax Rebate, VAT
Written by Director, Huw Moseley: If you read my last blog, you’ll know that my advice when dealing with HMRC is to know your accounts inside out and backwards – as some times even Government administration bodies make mistakes. Well, I’m blogging on this subject again because...
19 Jul The trouble with HMRC (is that they often get it wrong)
Posted at 16:25h
in Accounting, Cloud Accounting, Limited Business, Personal Tax, Self Assessment Tax, Self Employed, Small Business, Sole Directors, Sole Trader, Start Up, Tax Rebate
Written by Director, Huw Moseley: Now, I know the subject line for my blog this week is controversial. Like or loathe tax, we have to pay it because it keeps the country running. Which means somebody has to administrate it. But oftentimes, the administration leaves a lot...
27 Jun HMRC Deadline Reminder: 6thJuly 2018
Written by Director, Huw Moseley: It’s that time of year when employers need to report taxable benefits to HMRC. So don’t delay in preparing your P11D or P11D(b) forms as a failure to meet the deadline could result in a minimum £100 penalty for every month...
19 Jun So what exactly is Cloud Accounting?
Written by Director, Huw Moseley: Basically, instead of having accounting software installed on your desktop - cloud accounting software is hosted on remote servers. So no more spreadsheets or installing programmes on one machine – you can log into your account from anywhere with an Internet...