“The backbone of the economy, the bedrock of communities.” That’s how the UK’s family businesses have been described by the IFB (Institute for Family Business). They’re not wrong. Even against the backdrop of huge and growing multinationals, family-owned companies remain vital to the success of [...]
One of the most exciting things about being a business owner is seeing your ideas come to life. You get to use your mind every single day to solve, create, challenge, and inspire. And it’s truly invigorating. But it’s also something many of us take [...]
This is a guest post from Sharon Duckworth, Snr Mortgage Consultant (Key Mortgage Advice). Now, more than ever, first-time buyers are struggling to raise a deposit and secure a mortgage. Banks consider the level of borrowing required as unaffordable. This makes it especially difficult for [...]
What is Making Tax Digital? From 1st April all VAT registered businesses with a turnover over £85,000 will have to keep digital records and submit VAT returns using compatible software. Why? HMRC want to bring tax into the digital age, bringing together their internal systems [...]
The short answer: Not very. Xero is in fact incredibly intuitive and uses machine learning to make your bookkeeping tasks a great deal quicker and easier. However, as with anything new, there are going to be a few bumps in the road. Don’t worry, that’s [...]
I know what you’re thinking. It's coming too fast. The systems won’t cope. HMRC will get it all wrong. And you know what? You might be right. But these issues aside, Making Tax Digital could be the best thing to happen in years. And in [...]
One of the hardest parts of owning a business is not knowing how much you will earn in the future. There is no steady paycheck, with added holiday or sick pay, and you have to balance both your business and household budget with no real [...]
We use Spotlight Reporting to complete your ideal system for bookkeeping and accounting. Where Xero and Receipt Bank make bookkeeping easy, Spotlight makes understanding your numbers easy. It transforms your figures into colourful graphs and charts so you can see exactly how your business is [...]
Over the last nine years, we’ve tested many different new cloud products, all promising great things. Some of them reach their potential, others fade away. In the last 18 months, we’ve started to see these tools finally come together, enabling us to deliver on the [...]
Our Xero history We first signed up with Xero in January 2009 and have been using it for our own business accounts since 2010. Our early commitment was prompted by a desire to make bookkeeping much easier for our clients and using Xero over these [...]
