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Making Tax Digital For Business Growth

Your go-to guide to Making Tax DigitalHi, today I’m here to talk about Making Tax Digital (MTD) and using it as a platform to grow your business. I’m Paul Layte, CEO and founder of Next Level Business, the Growth Accountants. As with any change, it’s firstly really important to get the mindset right. You can view it as a glass-half-full …

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Planning & Budgeting As A Growth Tool

In today’s session, I want to discuss planning. The first thing I want to touch on is, why is planning important? My take as a CFO is that if you look at the statistics, more than 6 in 10 businesses fail in their first 5 years of trading and after that there’s still a reasonably high failure rate in businesses. …

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Dragons Den – Behind The Scenes With Dock & Bay

So when your client calls you to say they just got accepted on the BBC series Dragons Den and need your help to prepare I paused for thought about the prospect of a client discussing their numbers on national television in front of an audience of millions. Yikes! Co-Founders Andy & Ben @ Dock & Bay (www.dockandbay.com) have reinvented the …

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Flat Rate VAT Changes – From April 2017

The government have changed the VAT rules for those on the flat rate scheme and it is likely a lot of businesses will reduce the amount of VAT the were previously keeping. It is badly thought out, complicated but we are here to help and you have options. Read on for more information. The Flat Rate VAT Change 2017 From …

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Spring Budget 2017 – A light touch…

This is the 2nd budget (and the 1st Spring budget) by Phillip Hammond.  It is a relatively light touch affair reflecting the fact the Autumn Budget will take precedence going forwards. How is UK PLC doing? Well, the good news is that 2017 growth has been revised up from the previous autumn statement of 1.4% to now 2%. The not …

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Auto-Enrolment for Small Business: What you need to know

If you run a small business and have been contemplating whether or not to implement a workplace pension for your staff, the time for thinking is almost up. Back in 2012, a law commonly referred to as pension auto-enrolment came into effect. This new law obligated employers to put in place a qualifying workplace pension scheme which their staff would …

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Autumn Statement 2016 – How Does It Affect You?

All Change…. 2016 has been a year of political upheaval that not many predicted. First Brexit and the political fallout that ensued, now Trump. Some see it as the beginning of the end, some as liberation…what doesn’t change is the release of the Autumn statement. New CFO of UK PLC…. With Phillip Hammond now at the helm of the UK’s …

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Brexit – 10 Top Tips For Businesses Following UK Referendum

You really can’t escape ‘Brexit’ in the news right now. At the moment, there is a lot of speculation about what might happen next, but not a lot of concrete answers. Certainly we’ll learn more about the implications in the coming weeks and months but for now, please read on for our advice in the short term. Change…but not as …

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Next Level Business is now a Xero Gold Partner

After months of hard and valuable work, Next Level Business have been awarded Xero Gold Partner status by online accounting software partner Xero. Next Level Business have been awarded this at an unprecedented speed from Xero, signifying the great work we have been doing for our clients. Not only are we growing quickly but we’re in the top 5% of …

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PSC Register (People with Significant Control) – NEW LEGISLATION

Coming in to force on April 6th 2016, the UK government now requires each company (no matter how small) to keep a register of the people that has significant control over the organisations activities (known as a PSC register). Non compliance can attract a penalty and it also a criminal offence. This article aims to summarise this new requirement, providing …