November 26, 2015 | by Sian Kelly | No comments

Weve put Xeros invoicing capabilities under the spotlight on several occasions, showing you just how easy it is to automate your invoices and get your money in quicker. But even so, youll still always get the odd client who fails to pay their dues on time.

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Creative agency margins: How do yours compare?

November 24, 2015 | by Sian Kelly | No comments

At a creative agency, individuality is to be encouraged. After all, doing things your way is what makes you stand out from your rivals in a seriously competitive sector. 

But when it comes to your finances, it doesnt hurt to take a look at what your competitors are doing now and again either. 

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Dispensations RIP

November 24, 2015 | by Sian Kelly | No comments

Under the current rules, a dispensation is a useful tool as it saves work for both employers and employees. A dispensation removes the need for the employer to return detail of an expense or benefit on the employee’s P11D or P9D

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Obtaining tax relief for set up costs of a business

November 17, 2015 | by Sian Kelly | No comments

Costs will almost always be incurred in setting up a business and getting it ready to trade. These may vary considerably depending on the nature of the business. However, regardless of the amount of the expenditure, the possibility of obtaining tax relief for pre-trading expenses should not be overlooked.

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The life of a cloud graphic designer

November 11, 2015 | by GuyEarnshaw | No comments

This post is by Guy Earnshaw of BlueHub who are Cloud Consultants and Xero Integrators. They have a blog where they cover topics such as Cloud, Xero, technology for SMEs and tips for small businesses.

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Extracting cash from a family company

November 10, 2015 | by Sian Kelly | No comments

In determining the most tax-efficient way to extract cash from a family company, it is necessary to take into account individual circumstances. There is no one size fits all.

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Is your salon making these financial mistakes?

November 06, 2015 | by Sian Kelly | No comments

Running the financial side of a business isnt easy. Lets be honest, if it was - there probably wouldnt be any need for us accountants!

That said, we see a lot of common mistakes made by hair and beauty salons that can be easily eradicated.

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Pay any National Minimum Wage (NMW) arrears without penalty

November 03, 2015 | by Sian Kelly | No comments

Employers have a legal obligation to pay employees a wage that is at least equal to the National Minimum Wage (NMW). From 1 October 2015, the NMW for employees aged 21 and over is £6.70 an hour.

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