Category: Northants Accounting blog

Affordable Accounting Software

The Best Accounting Software UK Small Businesses Can Afford in 2019

Today, accounting software is indispensable in many trades.  Even if you are a freelancer or one of the accountancy firms in Northampton providing a service they are essential, especially if you work with clients online. Aside from assisting you with simple bookkeeping entries, the program will also help you when it comes to computing your billings, expenses,

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Small Business Challenges

5 Things That Can Make Running A Small Business Less Challenging!

Running a business is hard and running a successful business is even harder. It can, however, be simplified and made easier if you invest sufficient time in research and planning before you move towards execution.  A lot of entrepreneurs make the mistake of taking a blind start without a proper cost, market and audience analysis

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5 tips to supercharge your business!

5 tips to supercharge your business

5 tips to supercharge your business! Achievement, success and innovation are terms we associate with entrepreneurship, but the other side of the picture that is carved with hard work, challenges & even failure is often ignored. It is a well-known fact that only fifty per cent of the businesses survive the first 5 years.  Twenty

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Choosing accountants

Choosing the right accountant

Changes are brought by science and technology in all walks of life. In the last decade, these changes have been more rapid than ever before.  Work places, work operations and job roles have also evolved with these technological advancements. This remains true for the field of accountancy and finance as well. As many professionals show

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How is accountancy changing?

How is accountancy changing?

With the advancements in science and technology, day to day processes of business life have not only been simplified but have also raised certain doubts and fears amongst its practitioners. Accountancy, like most other professions, has seen a significant change over the last decade. A lot of manual processes have now been automated and the

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The Values of our Business

Hi everyone, I’m Nishi Patel from Northants Accounting, and I started this business five years ago. So, in that time, a lot has changed, but one thing that’s always stayed the same is the underlying values that this business is built upon, and in today’s video I just wanted to talk you through what those

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How to work out your business’s vision statement

Hi everyone, I’m Nishi Patel from Northants Accounting. We provide accounting services to small businesses. So today’s video, what I wanted to do is talk to you in a bit more detail about the vision I’ve got for my business, and where I see it five years down the line. So as someone who regularly

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How to improve your company’s credit rating

Hi everyone! I am Nishi Patel from Northants Accounting and in today’s video I want to give you a few tips and tricks on how to actually improve your company’s credit rating. So, a lot of people are aware that they themselves have a credit rating and a lot of people just going to experience

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VAT Registration Doesn’t Have to Make Selling Difficult

Each time the finance minister is seen holding that famous red briefcase, the general public goes a little mad. Why? Well, we almost never expect good things to happen when a budget or tax announcement is due. The majority of us despise the word ‘taxes’ so strongly, that if it was up to us, we

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The Do’s and Dont’s of Splitting Your Business to Avoid VAT Registration

Hi, I’m Nishi Patel from Northants Accounting, and in today’s video I just wanted to talk about splitting your business to avoid VAT registration. So a lot of businesses these days where they’re selling business to consumer, so essentially to people who aren’t VAT registered, they often dread reaching the VAT threshold, because what it

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How Can Small Businesses Refinance Their Loans?

How Can Small Businesses Refinance Their Loans?

As a business owner, if you’re on the lookout for ways to grow your firm, then a refinancing loan should perhaps be the crucial step in your business operation – particularly if you’ve been facing issues with the repayment of loans on a monthly or day to day basis. It’s no surprise that refinancing is

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Top Tips for SMEs to protect cash flow

Late payments and inefficient management practices often put SMEs in a difficult position with respect to cash flow. When the cash flow of a company suffers, business owners often resort to measures which only inflict more damage. One such measure is using up precious cash reserves. But by taking certain necessary precautions, an SME can

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Spring Statement 2018 Explained

The spring season will no longer see a buzz in the financial corridors of the UK, now that the Chancellor has moved the budget from spring to autumn. Revisions to taxes and policies will not be taking place around this time of the year anymore. However, the financial statement that will now be released in

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Learn How To Become Tax Efficient

Most clients that come to us are aware that their limited company is a separate entity, in the same way that their friend is a separate person. This means that your company has its money and you have your own and this is a really important distinction as it means that for you to get

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LLP structure: A Tradition or Convenience

When it comes to company incorporation, Limited Liability Partnership (LLP) continues to remain a popular choice among those looking to register their company. But which are the factors that make business owners opt for an LLP structure over other more traditional forms of partnership? In this blog we take you through the various aspects of

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IR35: Everything You Need to Know

The trend of freelancing and hiring freelancers has been on the rise in recent years. But along with the engagement of freelancers, instances of tax evasion have increased in number as well. Are you wondering how this tax evasion technique works? Read on to learn more. Why IR35 was executed? Many self-employed contractors, especially those

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Understand Exactly How To Get Your Family Finances In Order

As well as looking after our client’s taxes, it’s our mission to help them be as financially healthy as possible, as a family. This means that we help our clients plan ahead so they can achieve some of their other goals and take advantage of the available benefits. Mortgages The thought of applying for a

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Crypto-Currency: Should you Invest?

With the current buzz surrounding crypto-currency, most of us have at some point or another contemplated investing in digital currency. But a question which holds most of us back is whether crypto-currency will emerge as the ‘conventional’ currency or will it prove to be just another passing fad? Currency Had to be Next In this

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The Impact of Brexit on SMEs

The exit of the UK from the European Union marks the beginning of a new chapter in the story of this Great Island. It has the potential to singlehandedly turn upside down, the way commerce and culture has been exchanged between these countries for centuries. But what news this new chapter brings for the Small

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