Link Accounting Archives - Page 2 of 5

05 May Self Employment Grant – Video guide to checking eligibility

The Government have provided further information around the Self-Employment Income Support Scheme (SEISS) grant. We received a very nice email from HMRC asking if we could help them out by educating our clients on this scheme and also to ensure they are aware of how...

26 Mar Self Employed Support Package – Q & A

Posted at 20:53h in Self Employed

Hello to anyone reading this. The Chancellor has just made his announcement around the support package available for the self-employed (which includes partnerships). I have already been taking calls/emails/Whatsapps etc (you name it) from clients and also friends who know me as 'their mate who deals...

23 Mar Coronavirus Job Retention Scheme

Posted at 09:00h in Accounting, Limited Business, Payroll, Self Employed, Small Business, Tax

Updated 24.03.20 @ 9am Under the new Coronavirus Job Retention scheme, government grants will cover 80% of the salary of PAYE employees who would otherwise have been laid off during this crisis. The scheme, open to any employer in the country, will cover the cost of...

28 Jan There are only two ways to grow profit – but are you missing a trick?

Posted at 14:14h in Accounting, Cloud Accounting, Limited Business, Small Business

Written by Director Huw Moseley: Last month, a few of my blogs focussed on growing profit. It’s important to note that growing profit, and growing the size of the business are not the same thing – and that ultimately there are only two ways to grow profit:...

17 Jan Turning over more than £85k?

Posted at 14:09h in Accounting, Cloud Accounting, Limited Business, Small Business, Tax, VAT

Written by Director Huw Moseley: I’ve just been with a new client who has experienced high sales in the last 12 months and now needs to register for VAT with HM Revenue and Customs (HMRC). His profit margins are tight, so he was surprised to hear that registration was...

24 Dec Accountant Cracker Jokes!

Posted at 08:30h in Accounting

Written by Director Huw Moseley It’s fair to say – accounting cracker jokes are the actual worst...

23 Dec All I want for Christmas is… Cloud Accounting!

Posted at 19:43h in Accounting, Cloud Accounting, Limited Business

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?

Posted at 13:14h in Accounting, Cloud Accounting

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?

Posted at 14:33h in Accounting, Cloud Accounting, Limited Business, Small Business, Start Up

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...