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Clear Explanation of Expenses Taxman will Allow

Dec2

If you would like any further information, please do not hesitate to contact Southside Accountants Wimbledon & London.

Filed Under: 01 Tax Tagged With: Accountants Balham, Accountants Fulham, Accountants Mitcham, Accountants Putney, Accountants Tooting, Accountants Wandsworth, Accountants Wimbledon, allowable, expenses, tax

Self Employed Plain English Tax Guidance

Dec2

If you would like any further information, please do not hesitate to contact Southside Accountants Wimbledon & London.

Filed Under: 01 Tax Tagged With: Accountants Balham, Accountants Fulham, Accountants Mitcham, Accountants Putney, Accountants Tooting, Accountants Wandsworth, Accountants Wimbledon, selfemployed, tax

Steps to Take When Employing People

Dec2

If you would like any further information, please do not hesitate to contact Southside Accountants Wimbledon & London.

Filed Under: 01 Tax Tagged With: Accountants Balham, Accountants Fulham, Accountants Mitcham, Accountants Putney, Accountants Tooting, Accountants Wandsworth, Accountants Wimbledon, employing, people, steps

Boom! Emma Wimhurst

Nov30

Boom

I started to read Boom! by Emma Wimhurst on the tube. I felt slightly embarrassed as a man because I think cover is targeted at the female market.

Having said all this, this is a practical and helpful business book with substance that will be read by both men and women rather than just be displayed on a book shelf to be read some day. The layout and style of the book makes it a very easy to read and refer to it time and time again. It covers all the key business disciplines to run and expand your business.

Emma’s explanation of Business Strategy is one of the better explanation I have read. Thinking strategically is crucial to business success.

I will be recommending this book to all my clients to be used as an accessible business bible. Furthermore, it will also make my life easier since Emma has done a great job of explaining how to manage business finances and also how best to work with accountants.

If you would like any further information, please do not hesitate to contact Southside Accountants London.

 

Filed Under: 02 Business Tagged With: Accountants Balham, Accountants Fulham, Accountants Mitcham, Accountants Putney, Accountants Tooting, Accountants Wandsworth, Accountants Wimbledon

This does not put accountants in a good light!

Nov30

If you would like any further information, please do not hesitate to contact Southside Accountants Wimbledon & London.

Filed Under: 02 Business Tagged With: accountant?, Accountants Balham, Accountants Fulham, Accountants Mitcham, Accountants Putney, Accountants Tooting, Accountants Wandsworth, Accountants Wimbledon, boring

How Come That Idiot’s Rich and I’m Not? – Robert Shemin

Nov30

how coms I did not learn anything new from this book. It has all been said before- to be financially successful, invest in property and go into business rather than work for someone else. Rehash of books like Rich Dad, Poor Dad.

I did not like the approach Shemin took on people with education – they think in a straight line rather than thinking differently to others. This clearly is a gross generalisation since in all fields they are a variety of thinking types.

Overall this book not is not worth the read.

If you would like any further information, please do not hesitate to contact Southside Accountants Wimbledon & London.

Filed Under: 02 Business Tagged With: Accountants Balham, Accountants Fulham, Accountants Mitcham, Accountants Putney, Accountants Tooting, Accountants Wandsworth, Accountants Wimbledon

Low Accountancy Fees

Nov23

Fees

Virtually every potential client I meet fees are one of the critical factor in employing an accountant. Fees should be a factor in a decision but it should not be an only factor. An appropriately qualified accountant may save you tax that could more than outweigh their fees. His/her advice to further your business could be invalauble to your business.

I have come across many accountants who are incredibly busy since they have to do far more work because they charging fees that are not a reflection of their time and skill involved. This means they are so engrossed in routine accounting tasks, they just do not have the time to be proactive for their clients. Potential clients inform me time and time again – “my accountant is not proactive and I only hear from him/her only once a year”. How can you expect an accountant to be proactive when the fees are so low? We as accountants are not blameless here. We fail to communicate this point to clients. This is because of the fear of losing them to another cheap accountant.

My point is if your are looking for purely compliance (routine) accountancy work, fair enough they are many accountants who provide a low cost service. Southside also provides this level of service as well. If you would like a proactive service providing tax and business advice you will need to pay more. Accountant fees are based on time and skill involved in doing your work.

The old adage applies – You get what you pay for folks. With Southside there are no hidden fees, the fees we quote are the fees you pay.

If you would like any further information, please do not hesitate to contact Southside Accountants Wimbledon & London.

Filed Under: 02 Business Tagged With: accountancy, Accountants Balham, Accountants Fulham, Accountants Mitcham, Accountants Putney, Accountants Tooting, Accountants Wandsworth, Accountants Wimbledon, fees, low

Van – Tax Advantages

Nov20

2014_08 Car Branding FrontThe tax treatment of a van is far more favorable compared to a car. A question we are often asked what are tax advantages of a van and what can be classed as a van by the taxman.

In response to a Free Index question on the subject, I provided a full response. Rather than repeating this information.

If you would like any further information, please do not hesitate to contact Southside Accountants Wimbledon & London.

Filed Under: 01 Tax Tagged With: Accountants Balham, Accountants Fulham, Accountants Mitcham, Accountants Putney, Accountants Tooting, Accountants Wandsworth, Accountants Wimbledon, tax, Van

Millionaire MBA Business Mentoring Programme – Richard Cordock

Nov19

Analyzing business chart on laptopThis can only be described as a fantastic audio programme. It is worth every penny and deserves to be listened several times.

Anyone who has any doubts of leaving their secure job with a pension for a risky life as an entrepreneur should listen to this programme. Further, if you are an entrepreneur listen to your successful colleagues and learn from those who have actually done it. Cordock got together self made multi millionaires to talk about their experience. They have all failed on their road to success. It is how they handle failure that is an important factor to their success. Furthermore, it was great to hear these multi millionaires are no better than you or I. Another key factors to their success is their absolute courage of their convictions.

This programme is available from http://www.audible.co.uk/aduk/site/product.jsp?p=BK_MMBA_000001UK&BV_UseBVCookie=Yes

If you would like any further information, please do not hesitate to contact Southside Accountants Wimbledon & London.

Filed Under: 02 Business Tagged With: Accountants Balham, Accountants Fulham, Accountants Mitcham, Accountants Putney, Accountants Tooting, Accountants Wandsworth, Accountants Wimbledon

Tax Return Information – Cash Business

Nov19

cash

As a Free Index Finance and Accounting Expert I respond to tax questions on FreeIndex.

One of these question was about records that a cash based business needs to keep for tax purposes. Here is the link that provides this information http://www.freeindex.co.uk/business-advice/what-documentation-to-keep-for-your-tax-return_1144.htm

If you would like any further information, please do not hesitate to contact Southside Accountants Wimbledon & London.

Filed Under: 01 Tax Tagged With: Accountants Balham, Accountants Fulham, Accountants Mitcham, Accountants Putney, Accountants Tooting, Accountants Wandsworth, Accountants Wimbledon, business, cash, return, tax

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Wimbledon Offices

164 Merton Road
Wimbledon, London
SW19 1EG

5 Smithwood Close
Wimbledon, London
SW19 6JL

Telephone: 020 8432 2969

Mitcham Office

The Generator Business Centre
95 Miles Road
Mitcham, Surrey
CR4 3FH (SatNav use CR4 3DA)

Telephone: 020 8432 2969

Some of the areas we serve

Battersea SW11, Colliers Wood SW19, Croydon CR0, Earlsfield SW18, Furzedown SW16, Mitcham CR4, Putney SW15, Southfields SW18 SW19, South London, Streatham SW16, Sutton SM1, SM2, Tooting SW17, Wandsworth SW18, Wimbledon SW19, Clapham SW4

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