Xero NEW Invoicing Did you know that the classic invoicing is retiring, and you will be prompted to use the new invoicing from 2nd September 2024. You will be able to temporarily switch back to the classic invoicing until 20th November but not after that. We know that...
Bookkeeping Articles
Tax Return Information and Tips
Tax Return Information and TipsTime flies, doesn’t it? I know it’s a cliché, but it really is true. This time of year, seems to arrive before we know it, and suddenly, your to-do list feels endless. Amid all the chaos, don’t forget about one crucial task: your...
Overcome the Fear of Failure
Do you find yourself hesitating to take risks or pursue new opportunities because you’re afraid of failing? You’re not alone! The fear of failure is a common barrier that holds many people back and understandably so. According to the Office for National Statistics,...
Understanding Basic Period Reform and How it May Affect You
Understanding Basic Period Reform and How it May Affect YouThe term ‘Basis period reform’ involves changes to the rules governing the determination of the accounting period for which income is assessed and taxed. It relates to the timeframe used to calculate taxable...
A Step-by-Step Guide to Setting Up a Limited Company
A Step-by-Step Guide to Setting Up a Limited Company Are you ready to take your business to the next level? Setting up a limited company can provide numerous benefits, including limited liability protection and potential tax advantages. If you are...
Would you rather have more time or more money?
Well, isn't that a question!? As a business owner have you ever stopped to ask this question – Would I rather have more time or more money? Of course, you want your business to make money and thrive but what about you personally? Do you find yourself clocking...
Empower Your Finances with the help of Apron: Credit control and Making Payments
Empower Your Finances with the help of Apron: Credit control and Making Payments In the dynamic world of finance, having the right tools can make all the difference. One such tool is Apron; a powerful software solution designed to streamline and enhance...
7 Top tips to stay ahead
Keep on top of your business finances, not only will this ensure you are stress free it will also help your business flourish! By following the tips below, you will come to have a better understanding of your business cash flow, fewer issues with missing deadlines and...
When to get help with bookkeeping
You are probably reading this thinking ‘of course a bookkeeping company would say get help now’! Not here at Perfect Balance! Read below to see our recommended must-dos. Then ask yourself the following question…Do I need help? If the answer is yes drop us a line! If...
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