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Is my purchase an asset or an expense?

When we come to do year end we often find purchases have been incorrectly classified as an asset, when they are actually an expense.  Before we look at why this is important let’s first look at what an asset is. Definition of a Fixed Asset: A fixed asset is a long-term tangible piece of property […]

If you’re not using Xero correctly, you’re not seeing the real magic

We’ve been involved in a few conversations recently where new clients weren’t aware of the full capabilities of Xero, and so far, had been unknowingly wasting time, money or resources.  In one example, a client’s previous accountant had done the year end accounts and asked them to post closing balance adjustments. The days of adjustments […]

What is the difference between Salary and Dividends?

So many people know that the most tax efficient way for a director to pay themselves is with a combination salary and dividends.  But what is the difference between them and more importantly is there a risk?  The benefits of taking a salary:  Builds up the qualifying years for the state pension You can take […]

Let Swoop Funding help you unlock your true business potential

Finding the right finance solution to help your business operate and grow can be complex and time-consuming, particularly when faced with a funding marketplace impacted by the pandemic. To enable the continued support and growth of our clients as they navigate this new world, we have partnered with Swoop to provide simple, secure and speedy […]

How Local Businesses Can Use SEO To Generate Targeted Leads

Guest blog by Michael Ryan of Mr SEO Ltd As a business owner you are inherently busy doing what you specialise in. On most occasions you have great authority in your field, whether you are an expert plumbing & heating engineer or an award-winning accountant, you likely started your journey with the product or service […]

We are hiring! We’re looking for a PA/Admin Assistant

PA to Founder & Client Co-Ordinator Working hours: Part Time – Monday – Friday, 20 hours per week/4 hours per day We are looking for an admin assistant to join our team for a dual role of PA to our Founder and Client Co-Ordinator.  We are looking for an individual who is efficient and comfortable […]

Can I put a garden office through my limited company?

With the shift to work from home over the last year more and more people are discovering the benefits of losing the commute.  However, on the flip side, having your work space in your home can also mean it’s harder to switch off, and blur the lines between work and home life. There are a […]

Is daily bookkeeping a necessity?

At PPF, we offer a whole range of services, creating an accountancy package that works just right for you. For many of our clients, this includes our bookkeeping service. If you’re already using this, read on to remind yourself just how good it is (!), and if you’re not currently, peruse this article and think […]

Our Financial Awareness Coaching Programme

Why we developed this service The better you understand your business, the easier it will be to make more money.  Management decisions rely on a sound understanding of the financial implications for a business.  We have developed this service to enable business owners to fully understand and interpret their numbers, so they have a strong […]

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