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I hate doing my own books…

People assume that just because I am a chartered accountant I must love doing my own books… Believe me I don’t.

I didn’t realise I was THAT sad…..

Making Tax Digital is the most significant change in our tax system for decades but even I was surprised that I had managed to write TEN blogs about it since February 2016. And there are going to be more in the future. I am (excitedly) waiting for the results of the consultation which took place over the autumn and HMRC have promised to tell us what they intend to do sometime in January.   Am I expecting HMRC to change their minds? No absolutely not.

Changes to the VAT Flat Rate Scheme “to tackle aggressive abuse”…

It's a topsy-turvy world. Twelve months ago, Britain’s membership of the EU seemed secure and George Osbourne had just delivered the Autumn Statement for 2015. Who could have predicted what would happen in the months that followed, but here we are in November 2016, uncertain of what Brexit has in store, and with a new Prime Minister, and a new Chancellor to deliver the Autumn Statement.

Can you do your bookkeeping in 5 minutes a day?

Having worked with thousands of clients over the years we have seen a wide variety of quality in the records presented to me. Generally the bigger the client, the bigger the accounts team and therefore the better the accounting records. Small businesses are therefore paying their highly qualified accountants to do further bookkeeping just to bring those records up to a reliable standard rather than taking advantage of those skills and knowledge to improve their businesses.

So Long Spreadsheets…

The spreadsheet has been one of the most enduring tools for businesses for decades. Along with desktop computers, spreadsheets were first adopted on-mass for business use in the late 80s and 90s. It’s impressive that this piece of software has remained popular for so long, but after three decades, is it now time to say so long to spreadsheets?