You may have noticed over the past few days the blog has had a different look probably each time you have looked at it.
I have been trying to find a better theme and really thought I had found it with this one from woothemes. However, it isn’t the easiest theme to adapt to and [...]

Just 24 hours (and a few minutes) to go until the VAT rate changes from 17.5% to 15%.
Make sure you have changed your website settings, ebay settings, bookkeeping settings, spreadsheet settings - even your calculator settings to reflect the new rate.
The new rate is 15%. When you are calculating the VAT amount in a [...]

VT Software have done it!!
VT Transaction + is now complete. I know it sounds unlikely but it was only this morning I was wondering about doing some more video tutorials now my recession report is finished and what happens - I get the upgrade available notice in my VT Transaction+ program and… [...]

I just wondered if anyone needed some clarification about actually when to change the rate of VAT they charge.
I know our beloved chancellor said it will apply from 1st December but…
There is an issue you must consider here when you are invoicing for the supply of goods and services.
If you supplied [...]

I don’t mean winning at all costs!  I mean that in every business situation, and in every deal you do, you try your very best to make sure that everybody involved wins something of value.
If you are of the ilk that likes to extract maximum money from people as soon as possible and have no thought [...]

Watching breakfast tv this morning, my ears pricked when they heard a story about women “officially” now being able to top up their pensions if they have too many years contributions missing, by making payments of £400 per year for each year missed.  These missing years usually occur when time is taken for having and [...]

This is the amount of time an average small business owner like you spends on bookkeeping each week. That represents some 7 hours out of each week that you spend doing completely unproductive bookkeeping.
Time is one thing in the universe that is fixed and runs continuously, ruthlessly, every single moment of existance. [...]

Yes, it’s that time of year again. Isn’t it worrying how quickly it comes around each time. I am sure it gets quicker each year!

The 31st October 2008 is the deadline for sending in a paper Self Assessment Return (SAR) and if you want, HMRC will calculate your tax for you - more on that in a minute…

Recent activities of the Tax Office now make professional fee insurance against Tax/VAT Investigations essential.
The new investigations start innocently enough by HMRC saying they merely wish to look over your business bookkeeping. This has led people into a false sense of security thinking that it is not a full investigation and catching them off [...]

There have been a few questions recently about certain types of expenditure and whether or not they are tax deductible so I thought I would put them publicly here in case anyone else was also wondering.
As a rule of thumb, an expense has to be something directly incurred in the running of your business.  You [...]