Blogs
We lost a client today – but we are not upset
Today, we got the news that we lost a long-term client, but surprisingly, it was for the best of reasons. When I answered the call, I was prepared [...]
Beyond Numbers: How We Help To Shape the Success Stories of Our Clients
One of the curses of being an accountant is that everyone knows what you do as soon as you mention it…. well, at least they think they do… [...]
Happy New (Tax) Year
As we move from the 2023/24 tax year into the 2024/25 tax year, I am trying not to think about filing personal tax returns again (I have only just [...]
Turning Failure into Opportunity: A Business Resurrection Story
As springtime blooms and Easter approaches, my mind turns to the theme of renewal. It's a time when nature sheds its winter coat and embraces new growth and [...]
If you want accurate accounts – It’s all about the timing (differences)
Good timing is the secret to many things in life and in finance, timing is equally as important. If you run a business that sells products or provides [...]
Beware the small print – how Citation want £8K for me to cancel our contract
As you would expect, I am pretty good at reading the small print in contracts but even I make mistakes, and in 2022 I made a whopper. I [...]
Its Budget Day – but does anyone really care?
This budget needed to be spectacular to make people take note. However, Liz Truss tried that, and we know what happened there! So, predictably the budget was not [...]
Leasing vs purchasing cars – which is better?
One of the most common questions we get asked by our clients is “what is the best way to own a car – lease or buy?” Unfortunately, there [...]
New Goal Setter™ has launched!
Last month, staff and clients of Accsys Accountants gathered for the launch of our new Goal Setter™ software. The event, hosted at Unity Co-working, offered our clients a first-hand look at [...]
HMRC U TURN – Double Cab Pick Up Trucks Will Soon No Longer Be Vans For Tax!
Reversed It took little over a week for HMRC to realise that perhaps this wasn't the best idea for the economy and the motor industry. The following blog [...]
New Service Announcement – Comprehensive Xero Review
We are pleased to announce that we are now offering a new service! Our Comprehensive Xero Review & Training Bolt On has been available to our clients for [...]
Ai – Not a replacement for professional advice…. yet?
In a recent case, Harber v HMRC (First-tier Tribunal) on 4 December 2023, the taxpayer (Harber) was appealing a penalty of £3,265.11 imposed by HMRC for failing to [...]
Happy New Year…What will the new year bring?
“Dreams without goals are just dreams. And ultimately, they fuel disappointment. On the road to achieving your dreams, you must apply discipline but more importantly, consistency, because without commitment you'll [...]
What to watch over the festive break
Whilst it’s nice to have some time off from the usual run of the mill, at some point you are no doubt going to get bored over the [...]
The Christmas Break Is Coming: Why Business Owners Need to Step Back to Leap Forward
As a dedicated business owner, you might think that taking a break is a luxury you can't afford. But what if I told you that stepping back is [...]
Understanding Why Small Businesses Failed in 2023
2023 has been a challenging landscape, with small businesses are navigating a sea of complexities. As an entrepreneur, you must be asking yourself: “what are the pitfalls that [...]
Out Now– Accsys Goal Setter™ – Exciting New Software By Accsys Accountants
As you may know my raison d'etre (my reason for being) is to help small businesses and their owners. For anyone who has read my book, The Organised [...]
Autumn Statement – Smoke and Mirrors – Was there any real tax savings?
Earlier this week, the Chancellor presented his Autumn Statement, claiming it was about long-term growth for the economy. But did we see any real tax changes or was [...]
Comfort is the Enemy of Progress: How Businesses Can Avoid Falling into a Slump
As a business owner and leader, it's easy to fall into your comfort zone. The day to day grind of the many challenges faced by owners can mean [...]
The tough times continue – Insolvencies are on the rise
It’s difficult to be optimistic at the moment. So many businesses are feeling the pinch and finding things difficult. It’s the perfect storm of high interest rates, high [...]
Not declaring your side hustle? Beware of HMRC’s new powers
From 1st Jan 2024, HRMC will be able to access and view your incomes on digital platforms like Airbnb, Etsy, Upwork, Uber etc. If any of you have [...]
Could we be any sadder? Matthew Perry RIP 1968-2023
It was with great sadness that I woke up to the news of Matthew Perry passing last Sunday. Like most of us I was glued to Friends in [...]
Fraud Alert – Business owner loses £1.6m in 20 minutes
When Steve Wright, the owner of Kent Brushes, learned that he had just been victim of a fraud his heart dropped. When he found out it was £1.6m [...]
Selling Your Business (Part 2) – Getting Your Business Ready to Sell
So, you have decided it is the right time to sell. But is your business ready to sell and what can you do to maximise its value? Getting [...]
Selling Your Business (Part 1) – Is it time to Sell Your Business?
You have worked hard building a business but are now considering whether it’s time to sell – to cash out and move on. Here at Accsys Accountants we [...]