Top Tips for a New Financial year

We are now well and truly into the  financial year, so what should we be doing to make sure it’s a productive one – we should be getting organised!! Here are our top five tips to help you begin the new year on the right track: Complete any outstanding invoices […]

MagpieAccBlog-Top Tips for a New Financial Year

MagpieAccBlog-Changing Your Accountant

Changing your accountant

…. It’s easier than you think. Your accountant, should be a valued advisor, not just someone who bills you once a year and sends you a copy of your accounts. The right accountant should be a key component in the growth and success of your business. Unfortunately many businesses don’t […]

Spring Budget 2017 – Summary

The 2017 Spring Budget delivered by chancellor Philip Hammond on 8th March was no overly kind for Small to Medium Enterprises (SME’s). Despite Mr Hammond’s pledge to make the UK “the best place in the world to start and grow a business”, increases to national insurance contributions and the reduction […]

Termination Payments, The Rules

In the Budget announced earlier this year, the then Chancellor George Osborne revealed a few surprises. The key announcement for employers being the introduction of compulsory National Insurance Contributions (NICs) on termination payments over £30,000, and an increase in the threshold for personal tax contributions. This announcement dictates that from […]

Magpie Acc Blog - Termination Payments, The Rules

Magpie Acc Blog - VAT and Multiple Business Entities

VAT and Multiple Business Entities

No-one in their right mind wants to pay more tax than is necessary, but remember there is a very distinct line between tax avoidance and tax evasion, you don’t want to come down on the wrong side of it. VAT is one area where as a business owner you may […]