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Business Advice for all UK firms from starting a business to flotation

Latest Accounting Advice Features

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Payroll doesn't have to be complicated by Neilson Watts of Sage

Many small businesses find the prospect of taking on that first employee daunting. Thinking about paying staff on time and accurately whilst also trying to meet all the legal requirements sounds quite scary. But believe me: I’m a simple man, of average intelligence, and if I can do a payroll, then anyone can!

Five reasons why you should get on the cloud

Nowadays, more and more people are talking about the benefits of working in “the cloud”. But what does it all mean and, more importantly, why should you care?

Hanging on the telephone? The importance of 24/7 support you can count on

Time stands still for no man, and in today’s challenging economic environment nor does business. Over the course of a typical week many small business owners will work 50 hours, and often it is critical business operations such as payroll and accounts that get pushed back until the evening when the day’s trading is over.

Cash is King

Whilst all small business owners have probably been asked to prepare a cash flow at some time in the course of their business, actively continuing to manage cash and working capital on an ongoing basis can get forgotten about, especially in times of slowdown, in the pursuit of new sales and the belief that everyone will be happy as long as the accounts show a profit at the end of the year.

The single compliance process

Receiving a visit from the tax inspector is a stressful experience for any business owner, even if their accounts are up to date and in order.

Questions to ask an accountant

As you’re shopping around to find an accountant, you might like to ask some of these questions. They’ll help you explore the accountant’s services, and understand more about the fees and administration involved in meeting your needs.

The successful tax optimisation formula set by the Bulgarian example

In times of crisis, when the whole business world is shaking and struggling with deep financial problems and shortages of all kinds, Bulgaria displays a very significant increase in the number of new businesses springing up.

Are you in need of Accounting, Invoicing or CRM software?

At Mamut we aim to simplify your working day with our fully integrated business software.

HMRC spot checks, it could be you…

According to HM Revenue & Customs more than two million small business owners could be keeping inadequate records, which has historically led to an underassessment and payment of tax.

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