Blog

Knowledge is power, so we like to share as much as possible.

How do businesses come up with prices?

How do businesses come up with prices?

This is a concept that can leave consumers scratching their heads and wondering what these guys have been smoking. I’ll admit there are probably a lot of randomly priced products out there, but the best run businesses will often have a strategy when it comes to...

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How can I use information to improve my business?

How can I use information to improve my business?

This guide is based on some of the experiences during my accountancy career in and around Northampton where management information, budgeting and planning have helped to improve the bottom line of businesses I have worked with. What is management information? Although...

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How does marketing for small businesses work?

How does marketing for small businesses work?

As a firm that was set up from scratch Northants Accounting have had to rely on marketing to initially grow our business, this is a summary of our experiences of the various techniques that have helped us to establish ourselves as accountants in Northampton. The best...

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How can young people get ahead?

How can young people get ahead?

Since the recession in 2007 we have continuously heard that young people in our society suffer the most from a lack of opportunity and I get it, the statistics alone for youth unemployment are hard to ignore but what if the amount of opportunity for them is still...

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When do I need to register for payroll?

When do I need to register for payroll?

Employers are required to register for PAYE if one or more members of their staff (including directors) meet one or more of the following conditions: Paid more than £112 per week or £5,824 per year (2015-16) The Employee has a second job or is claiming a pension You...

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How do business partnerships work?

How do business partnerships work?

Partnerships are formed when two or more people come together to conduct a business activity, in terms of tax there is little difference to a sole traders arrangement however a nominated partner will also be responsible for producing a partnership tax return as well...

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Is incorporation right for my business?

Is incorporation right for my business?

Limited Companies are an alternate form of business structure to Sole Traders and Partnerships, they are very different as they are viewed as a completely separate legal entity to the owner. This is beneficial when operating in a risky business area as any liability...

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How do I keep my personal finances healthy over Christmas?

How do I keep my personal finances healthy over Christmas?

Christmas for most people can be a time of fun and laughter for the whole family, however if you aren’t careful it can also lead to a poor start for the coming year regarding your personal finances. This guide titled “Keeping your personal finances healthy this...

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How to avoid VAT registration.

How to avoid VAT registration.

As accountants this is a common discussion theme we have with our clients in Northampton. VAT registration can be one of the main obstacles to growing a business, in fact many businesses approaching the threshold of £81k often end up deliberately turning customers...

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Working through a personal service company and IR35

Working through a personal service company and IR35

The IR35 legislation came into effect in April 2000 and is named after the press release that announced it. It’s aimed at preventing people who are essentially employees of a business saving tax by working through a limited company. There is a test that contractors...

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