• Posted April 1, 2020

Time Management tips for small business owners

As a business owner everything is your responsibility from ordering stationery and sending out the post to hiring staff and marketing the business. As well as all these day to day tasks you need to take time to plan the business strategy and longer-term business objectives. If you are struggling to find time here are […]

  • Posted March 11, 2020

What is the Difference Between Bookkeeping and Accounting? Can a Bookkeeper Prepare Accounts?

Quite regularly we’re asked what is the difference between bookkeeping and accounting? In this blog post, Sarah Greenwood, Whitesides Accountant and Chartered Tax Advisor explains the key differences. Accounting and bookkeeping are terms that are often used interchangeably, but what really is the difference?   Bookkeeping is the process of collating and recording all the […]

  • Posted March 4, 2020

Bookkeeping Software – What is the best for your business?

There are so many online bookkeeping software packages available at the moment it can be difficult to decide which one is best for your business. I have outlined below the 4 main software’s available and the businesses we feel they are most suited to. Xero Xero was developed in New Zealand before being launched in […]

  • Posted February 24, 2020

Small Business Grants – What is available for my business?

There are hundreds of small business grants and start-up grants available, whether you are eligible for grants will depend on several factors: Your industry Your location The size of your business The age of your business Whether you supply businesses or consumers Whether you have benefited from other grants   Granting organisations include universities, local […]

  • Posted February 19, 2020

Accounting apps for the construction industry – Whitesides top five

Accounting Apps aren’t just for accountants, they can simplify your life, take the stress out of paperwork and make everything just run more smoothly.  In this blog Leo (our bookkeeping manager) considers his top 5 accounting apps for the Construction Industry. Tradify Top of the list comes Tradify.  Tradify provides a complete job management solution […]

  • Posted February 14, 2020

The benefits of being VAT registered

 Joanne Whiteside, explores the benefits of being VAT registered The VAT registration threshold is currently 85,000 pounds, so if your turn over goes over that in the previous 12 months, looking at the 12 months up to the end of the previous month, not what your accounts might say for the previous year, you […]

  • Posted February 7, 2020

Claiming expenses on a garden office

Sean Rushton, Whitesides Accountant sheds (no pun intended) some light on claiming expenses on a garden office. If you’ve constructed a garden office for work you can claim the costs of the construction as capital allowances. However, if you’ve claimed capital allowances on it you may not be able to claim full principal private residence […]

  • Posted February 5, 2020

Small business computer: Tips to help you choose the right model

It is an incredibly important decision choosing the right small business computer, the right choice can make your life so much easier while the wrong one can waste time and money. With so many options out there we asked Jenna Cooper a director of IT firm Singularitee to bring you this handy guide. Usability First […]

  • Posted January 31, 2020

When do I need an accountant?

Whitesides Accountant & Tax Advisor Sarah Greenwood answers “When do I need an accountant?” I would have said the earlier the better. You obviously don’t need to see your accountant until something needs to be done, so that’s probably either at the stage you need to set up a payroll, probably one of the earlier […]

  • Posted January 27, 2020

How much does it cost to hire an employee? Your question answered

How much does it cost to hire an employee? Hiring your first employee can be a daunting prospect, going from a business owner to an employer is a big step whether you run a limited company or operate as a sole trader.  If you trade through a limited company you probably already have a payroll […]