The Blog!
Companies House Changes
We knew it was coming: the Economic Crime and Corporate Transparency Bill has received royal assent and passed into law. Billed by Companies House as one of the most significant changes [...]
Tax Tip Number 1
Here we are at the start of a new tax year so I thought I’d start off with my number one tax tip. It’s my number one tip to new business [...]
I love You!
No, you haven’t gone mad and neither have I. It’s just that it’s Valentine’s Day (not something I really do, by the way) and so there is a lot of love-themed [...]
How Good Are Your Bookkeeping Records?
So how good are your bookkeeping records? October is over and I can feel the pressure building – tax return season has begun. January 31st might seem a long way off to you, but I’m [...]
Bookkeeping Tips – Bank reconciliations
If you do your own bookkeeping, do you also perform regular bank reconciliations? As an accountant, I find that many clients who keep their own books focus entirely on data entry and [...]
Self Assessment Statement
Do you ignore brown envelopes? Especially the ones from HMRC? I could say open them all now, but actually, the one you should be looking out for is the Self Assessment Statement. [...]
Save for Your Tax Bill
My number one tip for my clients is use a separate bank account to [...]
Small Business Accounting – Is your head in the cloud?
T his morning I decided to clear come space in the office and came [...]
The Journal
A while ago I promised to explain The Journal. If you do your own [...]
Understand your tax deductions? Check your tax code
Do you have a job? Because if so, I want to you to do [...]
Three Tips for Reading Accounts
I f you run your own business you’ll be familiar with annual accounts. As [...]
Chasing the Penny
Today I had a frustrating experience with a client. First some background information: it’s [...]
Bookkeeping Tips – Invoice numbers
This is the first in a series of blog posts about bookkeeping. I will be keeping them short and sweet, so each time I will focus on [...]
Free Tax Advice – The man in the pub!
What if I were to tell you there’s a world class tax expert out there, he’s local to you and he doesn’t charge for his advice? He [...]
Why Outsource Your Bookkeeping?
Recently we sorted out a new office. Prior to that we had been huddled in an old caravan in the garden – it was damp, cold and [...]
In Praise of Partnerships
For quite a few years now, January has been a month of madness and stress while I try to submit all my clients' tax returns by the deadline. [...]
Is Your Business Facing Forwards?
Here’s a question (or several) for you – when your accountant hands you your accounts and tax return, do you understand the information they contain? Do you
Is Your Business Taking on Water?
For those of you who may not know, I own a narrowboat on which I spend as much time as I can cruising the rivers Soar and [...]
When I Grow Up…
I'm always amazed when I hear of children who know exactly what they want to do when they grow up, and follow it through without hesitation. When [...]
Feast or Famine
This morning it’s bright and sunny and the sky is a gorgeous azure blue. I love days like this, but I especially appreciate them at the end [...]
Are You Drowning in Paperwork?
How familiar does this sound? You have just started a new business and you keep meticulous records. You have been told it is important to keep your [...]
Welcome to our Blog
Welcome to Grace Heathfield + Co "A new website for a new partnership!" We are a small accounting practice situated on the east side of Nottingham in [...]