Blog
7 Tips to Increase Concentration and Achieve Your Goals
The good news is, attention and focus are like muscles you can strengthen with enough practice. To start, here are some easy tips to increase your concentration and achieve your goals.
Set a goal for…
Have a coffee with us
One way we do this is through our regular Coffee Clubs across the UK.
What are Coffee Clubs? Sometimes, being a bookkeeper is lonely. The Bookkeepers Alliance has an active facebook group, but there's just no substitute for having a face to face chat with others who are in a similar posit…
7 Top Tips To Save You Time Every Day
Running a business is even harder if you are juggling other responsibilities. You may be caring for children or elderly relatives, dealing with health issues or holding down a job until you can leave to focus solely on your business. As a business owner, your time really is precious …
Three Successful Bookkeepers - Conference 2017
How Automated Are You?
What is automation?
At it’s core, it’s really just systemising how tasks are carried out, often using software to replace some of the human time and effort needed. Many bookkeepers, including me, use it as a way of reducing time spent on data entry so we can focus on client relationships and business growth. For me it’s about using my time wisely and …Interview With Emma James
We recently caught up with one of our award winning bookkeeping members, Emma James, and found out a bit about her business and her journey.
Tell us a bit about your practice
On the 1st of September I'll be 2 years old. It's just me at the moment, but that could change. I mainly work with remote clients. I have a few on site, but I'm only taking on new remote clients in the future.
I only work with Xero, and I’m focused on very, very small businesses. I feel that the term SME is too wide so I…
Five Things We Learned From The Apprentice This Week
Last week we saw each team make and sell doughnuts. There are a number of key business Tasks at play with in this episode. Pricing, costs, understanding margins and delivering on promises were all important, and lessons we can learn.
Pricing
£5 doughnuts may seem extravagant, but it shows that market rates are not really as fixed as we lead ourselves to believe. If…
Pre-registration Input Tax
This is a statutory right, under VAT Regulation 111, and you can find out more in VAT Notice 700, chapter 11.
The claim for pre-registration input tax can include services purchased up to 6 months before registration, and goods purchased up to 4 years before registration, as long as those goods are on hand at the date of registration. Do prepare a simple schedule of the goods. And make sure you have …
Deregistration for VAT
Where a business ceases to make taxable supplies, it is required to notify HMRC within 30 days, and has to deregister immediately.
A business can voluntarily deregister at any time if it expects its taxable turnover in the following 12 months to be below £83,000 (the deregistration threshold is always lower than the registration t…
Fighting threat and prioritising data security in your business
As technology evolves and becomes more sophisticated, so too do viruses, malware and hackers, and their means to violate protective barriers in order to infiltrate sensitive data and information.
According to PwC’s 2016 Global Economic Crime report, cyber crime affect almost one in three organisations (32%), with the financial services industry the ‘most threatened’ by economic crime. As accountancy and bookkeeping practices handle sensitive personal and financial data for their customers, the r…

