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CIS Deductions: Do them right

CIS Deductions: Do them right

To clarify, making the correct Construction Industry Scheme (CIS) deductions is one of the schemes conditions.  So, are you doing it correctly? Firstly are you working in construction? Secondly are you a contractor, subbie, advisor, all of those? If so this article...

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Expense Claims: Tax Returns

Expense Claims: Tax Returns

Personal Tax: What expenses can we claim? Today, we will tell you what expense claims can be made for your Personal Tax Return. Previously we talked about that, pencil in the aorta time, tax return season. I get loads of clients saying, Mahmood, we’re putting our...

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Personal Tax Return: First Steps

Personal Tax Return: First Steps

Firstly, Personal Tax return season (Self Assessment) 2019-20 finishes on 31st January 2021.  Secondly, you may have done yours, so relax, but if you've not read on. I'll start by looking at the first steps and then proceed from there.  Some important stuff to things...

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Xero: Business Information System

Xero: Business Information System

Xero is a powerful Business Information System, and not just a record keeping system. Every business, however big or small you are, should know some essential things about their business. Xero is  a Cloud Accounting system, it is our platform of choice, not...

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Record Keeping In The Cloud

Record Keeping In The Cloud

First of all Record Keeping in The Cloud deals with a business task neglected and disliked by many. Similarly Cloud accounting does the power lifting of record keeping. Furthermore it saves time, money, and gets businesses to connect to. Hence letting you take charge...

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Budgeting & Setting Targets

Budgeting & Setting Targets

Budgets: Setting Targets Budgeting involves setting targets.  Clear targets motivate people to high performance levels. Budgets are your stories of tomorrow. They show choices, aims and objectives. Targets are typically shown in terms of money, i.e. income, costs and...

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