TO VAT OR NOT TO VAT ... Posted: 16/05/2013 Should you register? Views: 394

One question I often get asked, especially by new business owners, is ''should I register for VAT?'' The answer is not always straight forward, except in circumstances where the business turnover exceeds the threshold for VAT registration, currently set at £79,000 per annum ... making the right decision for your business Changes to this threshold are usually announced in the budget. It is a business owner’s duty to be aware of the current threshold and keep an eye on their turnover to make sure they register, if necessary. HMRC can impose penalties for late registration. Read more ...

WHY YOUR BUSINESS NEEDS A PLAN Posted: 09/05/2013 An accurate one ... Views: 401

Whether you are starting a business, wanting to raise funds for an existing business, or keep your business on the desired track, a business plan is an essential tool for any business owner or prospective owner ...

LEGAL STATUS OF YOUR BUSINESS Posted: 03/05/2013 And what it means for you ... Views: 391

The legal status of your business can depend on the type and scale of business that you are going to set up - you will also need to consider the tax implications. If your enterprise has social aims ...

YOUR BUSINESS VS THE LONDON MARATHON Posted: 25/04/2013 Make sure you've got a plan ... Views: 481

Last Sunday, thousands of people ran in the London Marathon. They had practised for months and months, getting up early in all sorts of weather to train, while the majority of us stayed cosily wrapped in our duvets ...

SAT NAVS, MAPS, JOURNALS AND A CAMERA Posted: 18/04/2013 Essential tools to manage your business ... Views: 324

This morning I did a 4Sight at a 4N meeting. It was titled ''Why your business needs a sat nav, maps, a journal and a camera.'' I talked about myself and my interests and how those interests developed ...

IS ''DO IT YOURSELF'' A FALSE ECONOMY? Posted: 11/04/2013 Call in an expert and get it done right ... Views: 1535

DIY is so incredibly easy when you have the right tools, isn't it? You picture in your mind's eye all of the fantastic things that you can create and achieve and it looks so easy; provided, of course, you know what you are doing ...

RTI IS NOT GOING TO GO AWAY Posted: 04/04/2013 It starts at the end of this week ... Views: 446

There are many differing opinions about RTI and whether it is or isn't beneficial. The FSB appear to be unsure of its benefits and worried about consequences and have stated so in various newspapers ...

ODE TO MAUREEN WINDRIDGE Posted: 28/03/2013 What a great testimonial ... Views: 1441

My last few blogs have been a bit serious but I think very pertinent to all business owners. However we can't be serious all the time can we? So this week I am sharing a client testimonial with you ...

A WEEK IN THE LIFE OF MAUREEN Posted: 21/03/2013 It's not just about bookkeeping ... Views: 1314

Last week I said that bookkeeping was fun - or at least to me it was. Some of you may think that is very sad so I thought I would outline a week in my working life so you would get an idea of what I do ...

IGNORANCE IS NO DEFENCE Posted: 14/03/2013 Make sure you are compliant ... Views: 478

At MW Bookkeeping we are experts in bookkeeping, management accounting and payroll process's. However over the years we have worked with many experts in related fields. One of those is HR Management ...

THE CUSTOMER IS KING Posted: 07/03/2013 But they still have to pay you ... Views: 1513

The customer may be king, but does that that give them the right to take interest free loans from the businesses that provide them with goods and services in the first place? Good credit control is always very important ...

THE ART OF CREDIT CONTROL Posted: 28/02/2013 Oh yes, it really is an art ... Views: 561

The person responsible for credit control is dealing with the two most valuable assets your business has - cash and customers. I have heard bankers say ''Cash is King'' and marketing and say that the ''Customer is King'' ...

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