Can I claim my eyewear as a Business Expense?
Wondering if you can put your eyewear through the business? Read on… It would be great if we could put all sorts through the business and reduce our tax bill – but unfortunately there needs to be a line somewhere, so let’s see where eyewear sits when it comes to your business. The first thing […]
Director Responsibilities
Congratulations – you’re a Director of a Limited Company! The word ‘Director’ not only sounds very important, but being a Director is a very important role – not everyone is made for it. That’s why it’s extremely important you understand what responsibilities you now have as the Director of your Limited Company. To get you […]
Earn £1,000 Tax Free
Did you know you can earn up to £1000 before you need to pay tax. You can find out the exact details here; https://www.gov.uk/income-tax
What is Bookkeeping?
Right Click Bookkeeping Process So how do bookkeeping practices support businesses with their accounts? The chunkiest part is the bookkeeping: also known as the day-to-day transactions within the business. At Right Click Bookkeeping, these are the steps involved when you become our client: 1. The transaction occurs – i.e. money comes in or out of […]
Connecting Starling to Xero bank feed
Bank feeds in Xero One of the quickest ways to speed up your accounting is to connect your bank statements directly in your accounting software. This means your transactions will show in your bank feed to be processed and allocated to the correct place, so that they feed through into your profit and loss or […]
Rebranding
Our rebrand and why it can be key to growth Since starting my bookkeeping company it’s very much been me at the forefront. I’ve met with clients, discussed Xero backlog, talked with my clients about their growth plans, explained the jargon and created custom reporting for their businesses. From training sessions, marketing, paperwork collection from […]
Add code to Chart of Accounts in Xero
Chart of Accounts in Xero When you start your Xero subscription, you may have opted for the general list of codes with the Chart of Accounts – but what if you want to categorise an expense that isn’t in the list? We’ll take website hosting fees as an example. You could add this expense under […]
Getting ready for MTD
You may have heard of MTD, but not really taken much notice or been too busy to read up on it. Well, MTD is becoming more of a requirement as time goes on, so I thought it would be useful to explain what MTD stands for, what it means for your business, and what steps […]
Limited Company Overview
What is a Limited Company? A limited company is a business that is legally separate from the people that run it. The owners are often known as Directors. Pretty much any company can be a limited company, and they can be limited by either shares or guarantee. The legal obligations of a limited company is to […]
Sole Trader Overview
When you’re starting out, it can be hard to know which business structure to choose and to know the real difference between being a sole trader or limited company. So I thought it would be helpful to outline the main details on being a Sole Trader. What is a Sole Trader? A sole trader is […]