For a while now I have been keen to start giving from our business. We are passionate about being kind to the planet and our people but want to take this a step further and start supporting causes.  Rather than make the occasional donation to charities I want to take th...
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As your business grows you may have found that keeping control of who needs paying and dealing with invoices and payments has become too time consuming. The natural next step is to delegate this to a member of staff, a bookkeeper or accountant. But this does come with risks ...
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Combining commerce and charity

September 5, 2018
Recently I was fortunate to be able to view the newly built Social Bite village for the homeless in Granton, Edinburgh.  As I move my business from a commercial venture to a business that supports charity through commercial activity I was really impressed by what Social...
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Giving to charity is not only good for charities but, done the right way, it can also save your company corporation tax. As we go through the journey of having more social impact we thought we would share our findings on how you can support charities and save corporation tax...
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As a VAT registered internet retailer trying to fathom out what VAT you can claim back on fees can be confusing. Just looking at the 3 biggest platforms you can see that each one has a different VAT situation.  Below is a summary how to reclaim VAT from eBay, PayPal and...
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Are you ready for the changes to the flat rate scheme? Do you spend a low amount on goods and use the flat rate scheme?  If so you may need to pay the new 16.5% rate when the changes to the VAT flat rate scheme come into force on 1 April 2017. To check if you need to pa...
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Are you feeling generous this year and wanting to give you customers and clients gifts, or even throw them a party?  HMRC may not be as generous as you think. People often ask what tax allowance is available for Christmas parties. We thought this is a good time to remin...
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This week we ran a mini workshop for West Lothian Women in Business with Helen of HM Coaching. One of the topics of discussion was getting into good money habits for keeping on top of your finances. Throughout my life I have realised the importance of habits.  Just...
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The Accounting Fairy

October 21, 2016
The accounting fairy puts on her wings,Picks up her wand and answers the phone that rings.She calms the caller who is in distress.I will deal with HMRC she says, don't you stress. She takes a pile of paper, sprinkles fairy dust,Turns them into beautiful accounts to earn her ...
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