HM Revenue & Customs (HMRC) is giving Self Assessment taxpayers more time to ease COVID-19 pressures. HMRC has announced that it’s waiving late filing and late payment penalties for Self Assessment taxpayers for 1 month. This will give HMRC Self assessment taxpayers more time, if they need it, to file their 2020/2021 tax return…
Bookkeeping and accounting software is now an extremely popular way to run your business. As a small business owner, it can be really easy to get sucked into the day to day operations. Preparing invoices and recording your expenses can take a lot of your valuable time. By using accounting software you can streamline your…
Heading out for a day on the beach in West Cornwall is definitely a must on a summer’s day. However, before you commit yourself to the beach every day you have free, why not check these 5 ways to enjoy the cornish summer. Boat trips and Coastal Tours What better way to see West Cornwall…
As a business owner, we know the struggles you face trying to keep on top of every aspect of your business. From marketing to bookkeeping, finance to employment, there’s a lot that can keep you up until the early hours. One thing you can do to make your life easier is to employ a good…
With the global pandemic keeping us in national and local lockdowns in the past year, some people found this the perfect opportunity to finally start their own business. Whether it be a hobby that’s grown organically, into a business that you can now earn money from, or a business idea you’ve had, but not had…
It’s all about the numbers, do you know, or more importantly, understand yours? You’ve heard all the jargon about top lines, bottom lines, gross profit, margins etc but every business is unique. You need to track the numbers that are most relevant to your business and your goals. Maybe you are planning to quickly grow…
Making tax digital (MTD) is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their accounts. HMRC has the ambition of becoming one of the most digitally advanced tax administrations in the world. Making tax digital is making changes…
Quickbooks Online Accounting Software Quickbooks Online is an accounting software developed and marketed by Intuit. The Quickbooks products are designed and geared mainly towards medium-sized businesses. It offers on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills and payroll functions. So, how can it work for you? The…
With breathtaking natural beauty and an abundance of coastal walks and activities on the doorstep, Cornwall is a popular destination for holiday makers. It is also popular with those looking to take up permanent residence in this beautiful county. Consequently, Cornwall offers a wide range of holiday homes and self-catering accommodation. There is an increasing…
If you run a business in which you own horses, one of the biggest problems you might face when doing your accounts is how much you value you place on your ‘stock’ at the end of the year. So, how do you value horses within your business? First a bit of jargon, Stock includes…