Don’t Forget The VAT Increase!!

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Just a quick reminder that the VAT rate increased again today from 15% back to 17.5%.  Make sure your bookkeeping program is adjusted to reflect this.  If you need any help in adjusting your program please ring me on 0800 047 0731 or use the contact page on the website.  To work out the VAT from a total amount, you must use again the fraction 7/47 – [private_basic]an awkward but necessary piece of maths!

Meanwhile, most business people are still enjoying the Christmas break and maybe some are considering doing some planning for the year to come.  Thinking about your business and what you are going to do this year to make it bigger, better, more profitable and generally more successful.  This time last year I offered a free planning report and all the information in there is just as relevant now as it was last year.  Please go and download yourself a copy of this report and use it to plan your business strategies for the coming months.

I would like to take this opportunity of wishing you all a very happy new year, and with the help of the planning report I sincerely hope 2010 is the most successful year in your business’s history.

~Ray[/private_basic]

Ray Stewart
I am a qualified Certified Practising Accountant having passed my final exams way back in 1981. I actually can’t believe that was 33 years ago!! Anyway, I am now in my 50’s and I have been running my own business since May 1983. And before you ask, no, I have never regretted a moment of it! Part of the membership requirements of my professional body now dictate that I spend quite a lot of time on “CPD” - continuing professional education (one of their better ideas) - and over the last two years I decided to study business growth and marketing. I have learnt such a lot and that knowledge has radically changed my old “accountants” approach to business. It has made such a difference to the way I work and operate I feel that I just have to pass on this knowledge. It is simply too powerful to hold back!! - but I will try and do it in simple terms rather than expecting you to spend hours, as I had to, working through the difficult language that trainers seem to use to pass on their concepts. I hope you find the blog a useful resource and interesting place to visit as the months pass. I will do my best to keep up the flow - but if there are any topics you would like me to cover, then please let me know. Ray Stewart
Ray Stewart
Ray Stewart

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