Business

I want you to pay more tax

If you make more profit you will usually end up paying more tax BUT you also get to keep more for yourself so everybody wins. Whilst Minerva Accountants is mainly…

Accountancy

Are you working too hard?

With Summer holidays over and Winter drawing in I’m seeing more exhausted business owners. Although there may be particular pressures on accountants facing tax return season everybody is affected to…

Business

Money, money, money

Most small businesses fail because they run out of cash. It caught out a lot of people who couldn’t cope while they waited for covid funding came through. Hopefully we’ll…

Accountancy

Making Tax Digital for landlords

Landlords with rental income over £10,000pa, ie charging rent of just £834 per month, will have to join MTD ITSA (Making Tax Digital Income Tax Self Assessment). This means that…

Business

New year, new plan

Welcome to the new year. What have you got planned? Incremental business growth, a better work life balance (how long have you been promising yourself that?) or world domination? Now…

Accountancy

Things to think about when pricing

Whilst I would encourage people to value price where possible it is often more practical to quote fixed prices. Here are some of the things to consider when setting your…

Business

How much should I save?

How much cash should you leave in your business and how much should you take out? The generally accepted wisdom is three months worth of costs. I don’t know the…