It is not a question many people will ask but changes to the accounting landscape have ramifications for all businesses.
Read More
Self-Assessment Questions & Answers
There are usually tons of questions being asked during January about Self-Assessment. As the strap-line goes ‘tax doesn’t have to be taxing’ but unfortunately it often is for many, and as accountants we can see why! We have answered some of the common questions below but if you have any others then fire away and we will answer them for you. How do I pay the tax and National Insurance (NI) due? You have to make sure your payment reaches HMRC by the deadline, which is the 31st January. The time you need to allow depends on your choice of
Read More
Smashing the accountant stereotype to pieces
Surely the accountant stereotype can finally be confined to the archives with them hitting social media in droves and proving they have personality!
Read More
Self Assessment Questions and Answers
As we begin the approach to Christmas many self employed people will start thinking about self-assessment. Here is a question and answer piece on just that!
Read More
Accountancy Topics Making The News
There has been a lot happening in accountancy this week with Tesco dropping a big ball, Direct Recovery of Debts becoming a serious bombshell and Minimum Wage increases just around the corner.
Read More
Dispelling the Myths of Accountancy
Dispelling the myths of the world of accountancy - here are five myths busted - consider yourselves informed!
Read More
Is your Accounting ready for Christmas?
If you are a retailer then you know exactly what I am talking about. September is in many ways the last month before the seasonal storm begins and that is for retailers and accountants alike. Accountants are hoping to get as many tax returns done as possible before the Christmas break and the January mania that follows it. Retailer are preparing for heavy footfall, massive online traffic and hoping their stock levels have been gauged perfectly. Autumn long nights represent the perfect opportunity for you to get your books ready for the seasonal peaks. There are many challenges placed on
Read More
Accounting Trivia Infographic
Accountancy Basics Q&A
There are a range of questions accountancy firms get asked on a regular basis from serious stuff like ‘my turnover exceeded £81,000 one month but this was a freak occurrence – what do I do?’ to ‘can I call my business Froggy Feet Footwear or do you think that has been taken already?’ ABC Accounting Services is more than happy to answer any questions you may have whether you are a client or not. To start addressing some of the more common accountancy questions we are going to provide a Q&A blog once a month. Any questions you send in
Read More
Bucking the marketing trend
A recent article on Accountancy Age states that ‘accountants continue to fail in marketing activities’. Research done suggests that less than a third of accountancy firms have dedicated marketing or business development staff. Around a third keep no list of prospective clients, just under half use social media sites to promote their business and record marketing method to conversion stats. ABC Accounting Services buck these trends and are part of the prosperous minority that embrace marketing with real success. As the research highlights there are three huge necessities when making marketing a priority for your business: 1) Make sure you
Read More
