Heard the term ‘Making Tax Digital’ or ‘MTD’ and felt a slight sense of dread? You’re not alone. For many business owners, landlords, and self-employed professionals, it sounds like another piece of complicated tax admin. But what if Making Tax Digital could actually make your life easier? The reality is, MTD is here to stay….
Why it’s tough for small businesses right now! Here’s how Bickerstaff Accountants in Hayle, Cornwall can help you thrive. It’s no secret that small businesses are under immense pressure in the current economic climate. With inflation pushing up the cost of materials, services, and staffing. The tax changes increasing the financial burden on employers, running…
Are you ready for the National Minimum Wage increase in April 2025? In essence, the National Minimum Wage increase presents both challenges and potential opportunities for small businesses. Proactive planning and strategic adjustments will be essential for navigating these changes successfully. National Minimum Wage increase in April 2025 National Living Wage (21 and over) £12.21…
Making Tax Digital Seems like it’s gone all a bit quiet on the MTD front! Here’s a reminder of what Making Tax Digital is and what you need to do in order to comply. Making Tax Digital (MTD) is a government initiative designed to make it easier for businesses and individuals to get their tax…
Here at Bickerstaff & Co, we want to help where we can to make sure you free up your time. As a business owner, you can get bogged down under the administration that comes with running a business. We can help take care of the bookkeeping and accounts, allowing you to free up your time….
The cost of living crisis has made it more difficult for small business owners to stay profitable and afloat. In order to survive, it is essential to streamline your business as much as possible. Fortunately, there are a few ways to help make your business more efficient and save you time and money. In this…
How to understand your business figures can seem like a daunting task! In this blog, we hopefully give you a bit more of an insight into understanding your business figures. Your business is unique, therefore your business figures will be too. How to understand your business figures and which are most relevant to you…
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…
There are plenty of bookkeeping software packages out there for you to chose from, and the team at Bickerstaff’s have used a lot of them. The basics of bookkeeping are the same across all of the systems with just the user interface, the price and some of the bolt on extras varying so it is…
In a nut shell, If your records are in order, your accountant won’t have to do as much work to do your accounts and this will save you money. Below are some handy ways to improve your records and save you money. Keep Business and Personal Accounts Separate Ideally you should have a separate business…