Accountancy

10 questions business owners should ask their accountant

What was my turnover this month? How does it compare to previous months/years/budget? What are my main sources of income and how can I grow them? What is my gross…

Accountancy

A good bookkeeper is worth their weight in gold!

I’ve said it so many times that I think ICB (Institute of Certified Bookkeepers) made me a Champion a few years ago to try and shut me up. The line…

Accountancy

Are you increasing your prices?

It’s annual price increase time here at Minerva Accountants. We usually increase prices each year by around inflation however, this year, we have suffered a disproportionate increase in software costs.…

Accountancy

90 day planning

A lot of businesses don’t bother with a business plan because things change and they’re out of date almost as soon as they are written.  I sympathise.   Although I do…

Business

36 percent

We submitted 36% of our self assessment returns in January! Last year I submitted only one in January so what changed? Well, I acquired Longhill Accounts in June and we…

Accountancy

HMRC do not make the law

HMRC do not make the law, they interpret it in the same way that accountants and tax advisers do. If we can’t agree on the interpretation then the courts will…

Business

Software efficiencies

When you started up your business you probably ran it using a spreadsheet or a Word document. But now you’ve filled your time and you’re trying to grow you need…

Business

New year clear out

You don’t have to wait until the new year to do it (see also Spring cleaning and back to school flurries of activity) but I do like an excuse for…

Business

Reusing content

Content creation takes both ideas and time so why not make the most of your content and save valuable time by using it in as many ways as possible. For…

Accountancy

ICB awards

Last month I was invited to the ICB (Institute of Certified Bookkeepers) awards, also known as the Lucas after the inventor of the double entry system, Luca Pacioli. I love…