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The Budget 2018: How It Affects You!

The Budget 2018: How It Affects You!

Monday was the chancellor’s annual budget. Most of the measures will come into place next from April next year. It was quite an optimistic budget thanks to an upgrade in the estimates for tax revenues by the Office of Budget Responsibility. However, it was tempered with the warning that should a deal not be secured

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What Expenses can I claim as a Sole Trader or Partnership?

What Expenses can I claim as a Sole Trader or Partnership?

One of the questions we regularly get asked is what can be claimed as business expenses. The rules on these things are quite complicated, but in essence, it boils down to this – You can only claim for something that is wholly and exclusively for business. In this blog and the next, we will be

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1st May 2018 – An important date for VAT registered businesses

1st May 2018 – An important date for VAT registered businesses

What is Making Tax Digital? In March 2015, the government announced a new initiative called “Making Tax Digital”. The aim of this was to bring the tax system into the 21st century. It should make it easier for individuals and businesses to keep their tax affairs efficient and in order. HMRC wants to have the

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How to stop new tax changes costing you more

How to stop new tax changes costing you more

In the 2017 Autumn Budget, the chancellor announced that the level of tax-free allowance on dividends will change. It will reduce from £5000 to £2000 per year from April 2018. This means that until April you can take dividends from your business up to £5000 without having to pay tax. However, from April 2018, a reduced

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Are you missing out on an extra £230 tax saving a year?

Are you missing out on an extra £230 tax saving a year?

Would you like to reduce your tax bill by £230 this year? Over 2 million families are missing out on this little-known tax allowance. Today we will let you in on the secret.  In 2015, the government brought in a new “Marriage Allowance” for couples who are married or in a civil partnership. The aim

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UK Budget 2017: How Will It Affect Me?

UK Budget 2017: How Will It Affect Me?

Today the Chancellor announced his budget for 2018. The budget is where he sets out the government’s plans for taxes and spending for the coming year. In this blog, we’ll set out some of the changes that are coming and how they might affect you.  First, the bad news – the government’s Office of Budget

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Christmas Expenses: What Can I Claim?

Christmas Expenses: What Can I Claim?

Wow, there are only 6 weeks left until Christmas! Amidst all the busyness and preparations you are doing at this time of year, we thought it might be useful to share some of the rules on what you can and can’t claim as Christmas expenses through your business. There are three main areas to consider –

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How To Find Out If You Are Profitable

How To Find Out If You Are Profitable

Welcome back to our blog series The Tao of Cash Flow: How To Manage Your Business Finances. Throughout this series, we have explored the important tips and techniques that we believe will help you to become a master of your business finances. In particular, we have focused on dealing with cash flow because that is

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How To Create A Simple Budget For Your Business

How To Create A Simple Budget For Your Business

Welcome back to our series The Tao of Cash Flow: How To Master Your Business Finances. In the series so far, we have looked at what cash flow is & why it is important, how to do a cash flow forecast, how to keep track of who owes you money, how to ensure customers pay

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How To Effectively Minimise Your Business Expenses

How To Effectively Minimise Your Business Expenses

Welcome back to our series The Tao of Cash Flow: How To Master Your Business Finances. In the series so far, we have looked at what cash flow is, why it is important, how to do a cash flow forecast, how to keep track of who owes you money and how to ensure customers pay

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Top 2 recommended financial habits for a successful business

Top 2 recommended financial habits for a successful business

Over the last several weeks, we have been going through our Cash Flow series. However, this week we will take a break from the series. We will focus on two key financial habits business owners need to adopt, to help make sense of their finances. Mastering these two financial habits will go a long way to

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16 best ways to ensure customers pay on time

16 best ways to ensure customers pay on time

Welcome back to our series – The Tao of Cash Flow: How to Master Your Business Finances. Over the past few weeks, we have explored a range of topics and techniques around managing your cash flow – including creating a Cash Flow Forecast and using an A/R Summary Report. This week we will look at

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How To Keep Track Of Who Owes You Money

How To Keep Track Of Who Owes You Money

Welcome back to our series – The Tao of Cash Flow: How to Master Your Business Finances. Over the past two weeks we have looked at what cash flow is, why it is important, and the first in a series of techniques for managing cash flow – a CashFlow Forecast. This week we will be

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How To Do A Cash Flow Forecast

How To Do A Cash Flow Forecast

Welcome to the second post in our series, The Tao of Cash Flow: How to Master Your Business Finances. In part one, we looked at what cash flow was and why it was so important for a business. In this second post, we will look in detail at the first technique of managing your cash

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The Tao of Cash Flow: How To Master Your Business Finances

The Tao of Cash Flow: How To Master Your Business Finances

Did you know that one of the biggest causes of business failure for small businesses is poor cash flow management? Do you find yourself worrying and fearful about managing the financial side of your business? Or maybe you just put it off? This blog is for you. Hello and welcome to our new blog series –

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10 Best Blogs And Resources For Franchises

10 Best Blogs And Resources For Franchises

Whether it’s keeping up with the latest franchise news, finding out about new franchise opportunities or getting advice from other franchisees, a great way to keep up to date is to follow the best franchise blogs on the web. And why not use a feed aggregator like Feedly to do so? The Approved Franchise Association

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10 Facts About Accounting To Impress Your Friends [Infographic]

10 Facts About Accounting To Impress Your Friends [Infographic]

With all the social events happening over the summer, it’s important to have some handy facts on hand for more interesting conversations. We’ve put together 10 fascinating facts for you that we think will impress your friends. Please don’t forget to share on Twitter and Facebook.

Successful franchises help new franchisees

Successful franchises help new franchisees

The Futsal Partnership – A Case Study Like a lot of franchise owners, in September 2016, Matt set up his futsal coaching business with a view of creating a business he grew himself. However, as those who coached with him began to get more involved, he was looking to grow the business. He decided to

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Welcoming our new team member: Spotlight on Lucas.

Welcoming our new team member: Spotlight on Lucas.

Name: Lucas Watson Position: Marketing Intern What do you do at PayKeeper? My purpose is to deliver assistance within the team at PayKeeper. I have various tasks to complete throughout the day. First, I must complete reports that analyse the improvements in social media. Secondly, I must plan the Facebook, Twitter and LinkedIn posts for

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The Chief: Spotlight on Kieran

The Chief: Spotlight on Kieran

For our latest staff profile, we interview our Managing Director, Kieran. Name: Kieran James Position: Managing Director What do you do at PayKeeper? Although my role is mainly a leadership role I spend a lot of time supporting the account management of customers and focusing on business development. What relevant experience did you have before

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How Do I Create a Quickbooks Refund Receipt or Credit Note?

How Do I Create a Quickbooks Refund Receipt or Credit Note?

Although a generally intuitive and simple to use software, it’s useful to discuss the various methods for providing a Quickbooks refund or credit to a customer. There are six ways to edit customers records:    When information is entered incorrectly    When you need to refund a customer or reduce the amount the customer owes you    Deleting

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The General Election 2017 Guide for UK Small Businesses

The General Election 2017 Guide for UK Small Businesses

The General Election 2017 Guide for UK Small Businesses It’s important as a small business to be able to plan for the future. With the general election just 9 days away, today we look at the party manifesto’s to see what they are offering for small businesses in the UK over the next five years.

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Welcoming our new team member: Spotlight on Matt.

Welcoming our new team member: Spotlight on Matt.

We have recently welcomed a new member to our team – Matt. Today we would like to introduce him with our first in a series of staff profiles. Name: Matt James Position: Accounts Assistant What do you do at PayKeeper? I will be doing a mixture of things in both accounting and marketing. I will

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Inspiring Millennials in Franchising: Part 4

Inspiring Millennials in Franchising: Part 4

This is the 4th part of the Inspiring Millennials in Franchising series, I recommend you start at part 1 In life there are moments, moments that shape us, that make us or without which our paths would be considerably different. At the heart of many of those moments is a person or people. Whether for

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Inspiring Millennials in Franchising: Part 3

Inspiring Millennials in Franchising: Part 3

This is the 3rd part of the Inspiring Millennials in Franchising series, I recommend you read part 1 and part 2 first. As the fastest growing franchisee segment, understanding of the needs and desires of the millennial generation will undoubtedly be one of the most important factors to franchise growth over the next few decades.

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Inspiring Millennials in Franchising: Part 2

Inspiring Millennials in Franchising: Part 2

Read Inspiring Millennials in Franchising: Part 1 Richard Branson said, “success cannot be measured in wealth, fame or power, but by whether you have made a positive difference for others”

Inspiring Millennials in Franchising: Part 1

Inspiring Millennials in Franchising: Part 1

Entitled, narcissistic, idealistic, lazy, unfocused and spineless, these are the terms used to describe the millennial generation (PWC, Millennials at Work, Reshaping the Workplace). Often, these are the expectations of and perceptions towards those who will be the next generation of franchisees. Perhaps, this is why the biggest challenges franchisors face is finding those who

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"you’re one of the biggest selling points to prospective franchisees"
Matt, The Fustal Partnership

"Your services are great and really appreciated"
Kirsty