It is absolutely essential for any business to be making a profit. It’s not always simple, especially in this current climate. Using my experiences of self employment and recent issues that have arisen with clients and contacts, I have identified some key ways that a small business can improves its profitability. Review your charge out…

You may recently have received your self assessment tax notices from HM Revenue and Customs. It has come to light that they have sent out tens of thousands with the wrong date.  Don’t panic, this is another error by HMRC where they have sent them out asking for returns for 2009/2010 instead of 2010/2011. It is…

I couldn’t resist telling this true story that I was involved in at the pub recently (it was a Saturday, I deserved a beer!). One of the pub regulars is setting up a shop in the local town. It is due to open in a few months and so their is plenty of time to…

As you will no doubt be aware there will be an increase to the rate of VAT to 20% commencing 4 January next year. Is your business geared up for this change? Your business needs to start making its customers aware of the VAT rate change as soon as possible. This will avoid misunderstandings and customer confusion. It is important to…

As ever at this time of year I like to issue a reminder to people that it is time to think about your personal tax returns. The deadline for submission of your tax return for the year ended 5 April 2010 is 31st January 2011. This tends to create a manic rush in December/ January…

PAH Accounting are really suffering from World Cup Fever! Every four years it comes along and if we do well can really lift the spirits of the nation. It never ceases to amaze me how such a positive buzz comes around at this time, whether you follow football or not. It was certainly noticeable a…

For many people getting involved in a business venture with others they know and trust is all about planning what they will do to make their business successful. It usually involves a multitude of issues focussing on finances, getting the product or service in front of prospective clients, selling and service levels. But for most…

Guest Article This blog has been written by Roland Millward, who runs a Mortgage Brokerage and a business training company. Roland also runs a very popular online Wiltshire Directory – www.wiltshireway.co.uk. Many people would love to start their own business. You may be one of those people. What prevents you from starting one? For most…