Business | Smarties Bookkeeping

Hiring your first employee – What do you need to do?

by Ann-marie | Apr 2, 2019 | Business, Finance

When hiring staff, it is important to ensure that you are following the correct procedures and reporting the right information to the HMRC. PAYE – Pay As You Earn PAYE is the HM Revenue and Customs’ (HMRC) system to collect Income Tax and National Insurance from...

Managing the finances of Sports and Social Clubs

by Ann-marie | Feb 25, 2019 | Business, Finance

Managing your money is an essential part of good club management and although managing the day-to-day finances of your sports club can seem a daunting or tedious task, it’s a vital part of running a reputable and sustainable sports club. We’ve outlined some simple...

Hiring your first employee – What will it really cost?

by Ann-marie | Feb 25, 2019 | Business, Finance

Making the decision to hire your first employee can feel really daunting, but it marks a big and exciting step in your growing business. Before you make the jump into the world of an employer it is important to fully understand all the associated costs, it isn’t...

Making Tax Digital (MTD)

by Ann-marie | Feb 20, 2019 | Business, Finance

MTD, get ready for the changes…Part One By now you should be aware that HMRC are rolling out a new initiative to make submitting taxes more efficient and easy for taxpayers, if not, you must have been hiding under a rock this whole time! Making Tax Digital (MTD)...

It’s Tax Return time!

by Ann-marie | Jan 28, 2019 | Business, Finance

When you’re self-employed, you’re responsible for paying tax and National Insurance on your income and filing your annual Self Assessment tax return – but it doesn’t have to be stressful. Before you get started, here are a few things you might need to know:...

How to get the most out of Xero right from the start…

by Ann-marie | Jan 11, 2019 | Business, Finance

When you start using Xero, you’ll wonder how you ever managed without it. We’re big fans here at Smarties Bookkeeping Limited and know how happy clients are when they can see their cash flow situation whenever they want, send online invoices, pay bills and run their...