New VAT Rise from 2010 Set to Raise £13 Billion!0
As we are all aware, the budget announced yesterday by the new coalition government, produced a number of tax rises to try to balance Britain’s Books. One of the most important tax rises is the increase of VAT to 20% from Jan 4th 2011. This will have a huge impact on smaller business and consumers [...]
Read More »HMRC Online Court Service – How not to design a new web site!0
Having to unfortunately use the new HRMC online court service to recover a couple of unpaid debts from our clients over the past couple of months, I must make a comment on the new web site! Why, oh why, did they change the old one? This new site looks old fashioned, is complicated to use, [...]
Read More »Filing your VAT Online – How easy did you find it?0
Well I have to say, I was a bit apprehensive about filing our first VAT return on-line!. I often find that complex HMRC websites have a habit of not being very user-friendly but how wrong was I? Firstly, I must say that the pre-registration process was very easy to follow and user names/passwords were issued [...]
Read More »Google Maps & Street Photos – Has the World Gone Mad?1
Having never really looked too closely at Google Maps - I was amazed (and a little horrified to be honest) to see just how much detail you can actually see from all the static photos of where you live. So after having a good old nosey at places where I used to live and work, [...]
Read More »Setting Up a Credit Control System2
Mismanagement of cash flow is the single biggest reason that small businesses go under. Therefore, a good credit control system is an essential part of any business’ accounting procedures. Maintaining cash flow and avoiding bad debt and minimising late payments are essential for survival.
Steps you can take:
Establish a detailed credit control system
This must allow you [...]
