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Valuing Staff

28th September 2016
28th September 2016

Staff are one of the most valuable assets a business can have. Some of my staff have been with me for the full 6 years that the business has been running, which is something I am really proud of and pleased about. It’s great to have such a strong team. Read more

How Time Flies…

13th September 2016
13th September 2016

If you’re not from the Wisbech area, you may not be seeing our ‘Bantofts Banter’ column every fortnight in our local paper, the Fenland Citizen.

It’s over 2 and a half years since we published our first column.  As it’s always useful to step back from the day-to-day running of your business, I’m taking this opportunity to reflect on changes in our business since then. Read more

Quick Guide to some Accounting Terms

23rd August 2016
23rd August 2016

Do your eyes glaze over when you look at a set of accounts?  You will probably see several words and terms that you are not completely sure what they mean – so here is our guide to some common accounting terms. Read more

Foster carers: don’t miss out on tax benefits

9th August 2016
9th August 2016

Foster carers do such a fantastic job – but they do need to be aware of all the tax implications.  Nickie explores this area of personal tax:

Income from foster care is taxable and requires reporting on a Self Assessment Tax Return as self employment.  A foster carer will receive a weekly allowance, the level of which is dependent upon the age of the child and your location. Additional funding is available if the child has specific needs or if you have certain skills. Read more

Can I change accountants?

18th July 2016
18th July 2016

You all know how easy it is to switch your electricity provider – well, it’s even easier to change your accountant.

There is a big myth that you can’t move accountants – but the reality is that you can move at any time, you are not bound by contract and you can move freely and as often as you wish.

The next big question is ‘how do you move accountant’ – and how difficult is it? Read more

Applying for a mortgage? We can help…

1st July 2016
1st July 2016

Applying for a mortgage or renewing a mortgage when you are self-employed can seem a bit daunting, particularly when the mortgage company ask for a batch load of information to complete your application. Read more

Are you a Person with Significant Control?

16th June 2016
16th June 2016

As a result of some changes to the Companies Act 2006 there is a new requirement for limited companies and limited liability partnerships to keep a statutory register of those individuals deemed, or being in the position of being able to exercise significant control or influence over the activities of the entity. Read more

Accountancy software packages

1st June 2016
1st June 2016

We are often asked by our clients if we can recommend a software package for them which meets their individual requirements.  Two of the most popular  accounting software providers are Xero and Sage. Read more

An Introduction to SIPPs

18th May 2016
18th May 2016

A self-invested personal pension (SIPP) is a pension ‘wrapper’ that holds investments until you retire and start to draw a retirement income. It is a type of personal pension and works in a similar way to a standard personal pension, but the main difference is that with a SIPP you have more flexibility with the investments you can choose. Read more

Budget changes happening now…

4th May 2016
4th May 2016

We look at what is being introduced now as a result of the Budget,  and how this will affect you. Read more

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