complete financial know how

The AV Blog

British Accountancy Awards 2019

We are proud to announce that we will be at the British Accountancy awards tonight. We have been shortlisted for four awards. Firstly, we have our nominations as a firm: Best Employer: Our team make us what we are. We pride ourselves in looking after each other to create a positive atmosphere at work, so […]

Share Now:
Read More →

My Mate Says: “There’s no such thing as a silly question!”

You’ve decided to start up your own business. Whatever your reason for starting this business you are passionate and want to steer your company towards success however, you need to know how to get things right to make sure you don’t fall foul of the rules. You are now a Director. Depending on how far […]

Share Now:
Read More →

Lettings Relief & Private Residence Relief changes

Do you have a rental property? Are you thinking of selling? Did you know changes to Private Residence Relief (PPR) and Lettings Relief are being brought in by HMRC from 6th April 2020? When you sell a property for a profit you could be liable for Capital Gains Tax on any gains made at 18/28%, […]

Share Now:
Read More →

Improve your cash flow by enhancing your credit control

In the SME market cash flow and payments from customers are the most important elements of business. Although it’s almost an afterthought for most business owners. With the adoption of cloud accounting and implementation of Making Tax Digital, the problem has never been clearer to see. Debtors are now live figures on a dashboard, as […]

Share Now:
Read More →

Could Tax-Free Childcare help you?

For many working parents, childcare costs can eat up a large chunk of the family budget and play a significant role when planning a return to work and deciding working hours. However,  help is at hand with Tax-Free childcare, which is a government scheme to support working parents with the cost of childcare. Entitled parents […]

Share Now:
Read More →

Cybersecurity – the most important security you’ll ever need

Would you leave your front door open? Would you leave your car unlocked? Would you leave your handbag unattended? No. So why do people still not see the importance of cybersecurity? When you take a step back and think about how much of our day to day lives are controlled by computers, smartphones and servers […]

Share Now:
Read More →

How to save time and improve your book-keeping

Purchase invoice capture – a fundamental of the cloud accounting journey! Being on the cloud to ensure MTD compliance is a good starting point, but now this change has happened, we should take advantage of the positives of using online book-keeping systems. Invoice capture is as simple as it sounds, when you receive a receipt […]

Share Now:
Read More →

Using Xero & affected by MTD?

Making Tax Digital came into effect from 1st April 2019. Under the new regulations, all UK businesses that are VAT registered and above the £85,000 threshold are now required to keep their records digitally and submit VAT returns to HMRC using MTD-compatible software. You are now unable to submit VAT returns using the HMRC website. […]

Share Now:
Read More →

Trivial Benefits; A Quick Guide

If you’re an employer and you provide benefits to your employees, these are usually subject to tax and National Insurance. HMRC introduced a new exemption for “trivial benefits”. This means that small gifts to employees and entertainment provided to employees are now exempt for tax and NI. What is a Trivial Benefit? A trivial benefit […]

Share Now:
Read More →