19/06/2018 by Jenny Vadasz 0 Comments
Our first blog…
Don’t lose sight… everyone has a reason or purpose for something they choose to do, we have launched a business from ground up.
Don’t lose sight… everyone has a reason or purpose for something they choose to do, we have launched a business from ground up. It’s a risk and an opportunity with so many factors involved. After spending the first few months networking and meeting new people we now have some time to start sharing our experiences with our readers/clients. We believe in people and embrace the local community to share our drive for building local success. It’s been amazing to see how many entrepreneurs, leaders, owners are on a journey of their own and aim for the stars. We are now up there with them, teaching and learning and gaining not just a network of suppliers but making new friends too.
Starting out in our own business has been the best thing we could have done. There are a lot of perks to being employed, guaranteed income, holiday pay, sickness pay, however going self-employed has some fabulous perks, the main one is the family time. We have families like most and being able to pick and choose when we work is perfect allowing flexibility over our work/life balance.
Making Tax Digital is fast approaching for most business to be online and ready for April 2019. As we are a partner to the software XERO we have the instant ability to partner with HMRC on MTD allowing our clients to sit back and let us take away the hassle. All business going over the VAT threshold of £85,000 will need to keep VAT records digitally and file all the returns using MTD compatible software, business operating under the VAT threshold can opt to do this voluntarily.
Check out the link: https://www.gov.uk/government/publications/vat-not...
Change is sometimes difficult, however embrace it, know the world is fast changing and technology is constantly changing. No matter how big or small your business is you need to be open to change, willing to review your situation and understand that your business won’t remain the same. Automation of MTD is a positive change and this should only make things easier for you, think about anything else you can automate to make day to day tasks more efficient.
Give us a call to let us help improve your workflows thus increasing your profitability