Katharine Thompson

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About Katharine Thompson

Katharine is a Chartered Accountant based in Southport. She has a keen interest in improving clients overall experience of accounting by making bookkeeping easier and empowering businesses by making their financial position accessible and understandable.

During and after her training, she worked from the bottom to the top of her family business. She now runs the business and is involved in HR, marketing, leadership and management, as well as financial planning and cashflow management. These experiences, combined with her accountancy skills, gives her an understanding of both the numbers and what it means to be an entrepreneur.

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How we reduced a client’s potential tax liability from £850k to just £35k

Client X has been a client of ours for years. In 2018, as a result of a large payout over a patented product, they had an extremely good year which resulted in profit of £4.65m and taxable profits of £4.5m.  Client X is a specialist [...]

How to predict your future tax bill so you can plan your cash ahead of time 

One of the hardest parts of owning a business is not knowing how much you will earn in the future.  There is no promise of a steady paycheck, no added holiday or sick pay, and you have to balance both your business and household budget [...]

What do I do about my bounce back loan when we come out of lockdown? 

Now that a return to ‘normal’ is looking possible, we are talking to our clients about what happens next for businesses as they come out of lockdown. Many of you will have thought a lot about the future as a result of the last year, [...]

Want to stop hoarding receipts for your Accountant? Check out Dext Prepare (formally Receipt Bank)

Those who are familiar with the way we work will know we highly recommend ReceiptBank for every business. Well, ReceiptBank has now rebranded as Dext Prepare, so we want to catch up with any new changes to the software, and talk about how it works [...]

The roadmap out of lockdown and what it means for your business

Unless you’ve decided to tune out of the news completely (and we wouldn’t blame you) you’ll have seen the Chancellor announce a series of steps to take the country out of lockdown.  Back when lockdown began and the impact of Covid-19 really started to take [...]

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