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BUSINESS GUIDES, INSIGHTS, ADVICE & NEWS
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Coronavirus Support Update – 24 September 2020
We wanted to give you an update following the Chancellor’s announcements today, to support workers and businesses, after further lockdown measures were rolled out earlier this week. Whilst, as always with Government announcements, the devil is in the details and this will only emerge once the dust settles, we wanted to share the headlines with…
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The Ultimate Guide to Accounting Software and Digital Accounting
Using online accounting services and tax software can be a great way to keep track of your income, outgoings and tax owed each year, simplify returns and save you stress. However, if you’re new to running a business or haven’t had a great experience of accounting software in the past, it can be difficult to…
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The Ultimate Guide to Accountancy for Start Ups
At the beginning a new venture, you’ve probably already spent copious hours working out how you’re going to make money – but have you considered how you’re going to manage it? Making sure your books are balanced certainly won’t bring you as much joy as your first deal, but it’s essential for keeping your start…
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The Ultimate Guide to Filing Tax Returns and Expense Claims
This guide covers everything you need to know, register for, prepare for and organise so you can file a timely and accurate tax return and make sure your expense claims are legitimate. Whether you’re a small business or individual, or even a company that owns property, we’ll guide you through what you need to keep…
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Webinar – Increase Efficiency in your Business with the QuickBooks Mobile App
Black and White Accounting teamed up with our partners at QuickBooks, an accounting software developer, to offer a free webinar that took place on Wednesday 15th July. In this recording we went through how you can increase your business efficiency by using the QuickBooks App, with key topics including: An Overview of the QuickBooks Mobile…
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How to find a buyer for your business
If you are selling your business, there are several avenues to consider in order to find a potential buyer. Thinking about the type of business you own and the sort of person who may want to buy it will help you to look for that buyer in the right places. Too often business owners leave…
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The Corporate Insolvency and Governance Act
The Corporate Insolvency and Governance Act was passed on 25 June 2020, with many measures coming into immediate effect on Friday 26 June. It aims to relax the burden on businesses during the coronavirus outbreak, providing additional flexibility and allowing corporate bodies to focus on their operations in these unprecedented circumstances. We provide more information…
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The difference between tax evasion and tax avoidance
In light of the Coronavirus outbreak, the UK government has created many schemes to aid employees and businesses alike. From the Job Retention Scheme to business support grants, they are doing all that they can to help as much as possible during these unprecedented times. However, there are some people who have not met the…
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How to choose the best business bank account for your needs
If you’re contemplating opening a business bank account, take some time to consider what they offer. Picking the right account could be a real boost to your business. Opening a business bank account is not necessarily as easy as you might expect with plenty of opportunities for the sector to improve. Challenger banks are however…
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Tips On How To Work From Home With Kids and Pets
In recent months, working from home has become the ‘new normal’. For many working parents and pawrents, it has never been so hard to navigate through a working day. With this in mind, we have provided 12 tips for parents and pet owners to help maintain happiness and productivity.
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HMRC and Bitcoin: All You Need To Know
At the end of 2017, cryptocurrencies, and in particular, Bitcoin, made headlines around the world as the price of a Bitcoin soared to nearly $20,000. At time of writing, the price has more than halved from that high at just over $9,471, so sincere commiserations from us if you were tempted into cryptocurrency at the…
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4 Tips To Successful SME Cash Flow Management
It doesn’t matter how much profit the work you and your colleagues bring into your business if the cash from those sales doesn’t land in your bank account. Many people newer to running a business genuinely wonder why funders and investors seem so focused on cash flow when profit and turnover figures should be, in…