A while ago our local post master observed my kids spending their pocket money and reported back to me. Apparently they figured out that if they pooled their money they…
Courtesy calls, love them or hate them?
Personally, I hate them. The caller doesn’t know what I’m doing. In a business that often requires intense thinking that means that the phone usually interrupts my train of thought.…
Is it your husband’s business?
When I set up my first business in 2009, I lost track of the number of times that I was asked whether it was my husband’s business or mine! Initially…
Should I be a limited company?
There are all sorts of reasons for incorporating and most of these are unchanged but two things have changed or are about to change. 1.Corporation tax increases combined with National…
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…
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…
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.…
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A lot of businesses don’t bother with a business plan because things change and they’re out of date almost as soon as they are written.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…
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…
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…