We are helping to create a real "Buzz" across the World!!

Posted by Phil Murray 08 December 2016 07:45 AM

As a North East based accountant and business advisor I am lucky enough to work with a number of innovative businesses that have the potential to make a huge difference to the world. Just because we aren't based in London or Silicon Valley doesn't mean that we don't come up with world class ideas and can't create world leading businesses. There are many examples of this and I wanted to share one in particular making a buzz called Arnia.

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Topics: Business Building

Our reaction to the Autumn Statement 2016

Posted by Hollie Ord 23 November 2016 02:19 PM

After what can safely be described as one of the most tumultuous years in recent political history, we all waited with baited breath to see how the new staff within government would deal with the implications of the Brexit vote on 23 June.

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Topics: Accountants Business Owner

Why I love working in the North East

Posted by Phil Murray 22 November 2016 01:15 PM

I know this title may quite very soppy however over the past few weeks I have been lucky enough to see 2 awesome examples of why the North East business community continues to be one of the most attractive places for high growth start ups.

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Topics: Business Start Up

Is the future really brighter by making tax digital?

Posted by Ryan Keltie 11 October 2016 10:10 AM

HMRC announced a new Making Tax Digital (MTD) initiative in March 2015 and has published a roadmap and consultation documents setting out the plans to transform the tax system in more detail.

The overall aim is to make tax digital by 2020 for landlords and self employed tax payers, so that they can register, file, pay and update their information electronically, interacting with HMRC on a digital basis at any time of the year, eventually dispensing with the need to complete an annual tax return.

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Topics: tax HMRC

What are 3 things we learnt from a world class business?

Posted by Phil Murray 21 September 2016 02:18 PM

We recently traveled to the awesome Xero HQ in Milton Keynes as part of our "people's prize" sponsorship of the "If We Can You Can" Challenge.

The winner of the Peoples Award (Ami Davies from My Little Explorer) had the chance to share her business idea and the challenges she faces with the Executive team of Xero. They in turn provided support and guidance that could prove invaluable for Ami as she embarks on her business journey.

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Topics: Xero

How could Brexit impact business owners?

Posted by Glyn Davison 29 June 2016 08:00 AM

At 6am on 24th June 2016 it was confirmed that the UK had voted to leave the European Union. Now please note we will not be leaving immediately and the UK is still a member of the EU (and will still remain so for several years). But the vote has already triggered an extraordinary chain of events.

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Topics: EU Referendum BREXIT

Inheritance Tax - What is it all about?

Posted by Hollie Ord 14 June 2016 03:03 PM

We hear a lot of people telling us that Inheritance Tax (IHT) doesn’t apply to them or that it’s not their problem. This is understandable as people tend to imagine the tax as only impacting upon the super rich, plus that fact is that it only kicks in once you die.


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Topics: tax IHT CGT Capital Gains Tax Inheritance Tax Lifetime Gifting

Why Invoice reminders are your secret weapon to getting paid on time

Posted by Darren Wingfield 25 May 2016 08:30 AM

Cash flow is important. In fact, many of the small business owners we know think it’s the most important factor for your business. 

The easiest way to maintain cash in your business is to get paid. Not only that, you need to get paid on time.

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Topics: Xero Add-Ons

Do the new changes at companies house affect you?

Posted by Phil Murray 23 May 2016 11:08 AM

As from 6th April, nearly all UK companies and LLP's will be required to keep a register of People with Significant Control (PSC) , and people who control companies or LLPs will be subject to new disclosure requirements.

Relevant companies and LLPs must keep the new registers from 6th April 2016 and file relevant details with Companies House from 30th June 2016.

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Topics: Business Owner

7 things you need to know about R&D Tax

Posted by Joanne Warren 13 May 2016 10:04 AM

I get a lot of questions about R&D Tax as more and more business owners are starting to understand the relief and how it works. There is nothing as a 'stupid question' we see them as something you have on your mind that need answering. We have pulled together a list of the most common questions we have been asked over the past few months relating to the different aspects of the R&D Tax Relief Scheme.

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Topics: Financial Controller Business Owner