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Everything you ​need to know about Making Tax Digital

The way your business pays tax is set to change. From April 2019, the way you keep your VAT accounts will change completely. As you may already know, MTD is the Government’s plan to digitise the tax system. It aims to make it easier, more efficient. Yet, 40% businesses that will be included are still not aware of what it is(ICAEW, Octobe...

Making Tax Digital software: Choosing the right option for your business

What alternatives are available to you?’ Choosing the right software to pay your business’s VAT bill isessential with the rollout of Making Tax Digital rapidly approaching. Once MTD arrives, HMRC-approved software will be the only way to pay VAT. Time is running out before the first VAT deadline for MTD, on 1 April 2019 So, you kno...

Making Tax Digital: How to prepare in 5 steps

VAT-registered businesses the first to go through MTD Around a million VAT-registered businesses will need to comply with new digital reporting rules from April 2019. If you’re one of them, you’ll need to make sure you’re prepared. And creative businesses in the London area are no exception. Making Tax Digital is a government in...

Chaser – Automated Invoice Chasing – with a human touch

: Chaser A couple of weeks ago a few of us from our London bases trekked over to Excel to attend the XeroCon conference.  It’s always a great opportunity to catch up on what new updates Xero are bringing out and step back and take a look at the broader picture of cloud accounting (which as you all know we just love!). As app lovers, the...

Xero Xenology – Customise Your Invoices in Xero

Customise Your Invoices in Xero Previously we went through the process of creating online quotes and invoices in Xero and discussed the added value that could bring to your business.  This time we are going to touch on customisation. If your business is a creative one, it’s more than likely that the aesthetics of everything you do is vital...

Cloud Security – How Safe Is Online Acccounting?

Cloud Security One of the worries many small businesses have about cloud accounting is cloud security. It’s a reasonable question to ask in a world of identity theft and hackers.  And with GDPR on everyone’s mind, we thought it would be a good opportunity to revisit the issue of data protection, cloud security and security in general. The c...

What Is Your Business Worth? And Why Does It Matter?

Why does it matter what your business is worth? Why does it matter what your business is worth? It may be that you are planning on selling it in the future, either for retirement or to explore other challenges.  You’ll also need to know its value if you are planning on raising capital or creating shares. Or you might simply want to put a numb...

Your Expenses, Made Easy …with Receipt Bank

Your Expenses, Made Easy...with Receipt Bank If you are a regular reader of our blog, you’ll know that at Artisan Accounts we love three things. Saving you time A good app A good app that saves you time That’s why we’ve been a dedicated user of Receipt Bank for several years now and why we encourage so many of our clients...

Management Accounts (and why you need them to grow your business)

Management Accounts (and why you need them to grow your business) Most business owners can apply themselves to running basic accounts and tax returns.  You’re an entrepreneur after-all, you’re not afraid of a learning curve and a few late nights. However, management accounts are a whole different ball game and they can really make the...

9 Reasons You Might Be Singled Out For a Tax Investigation (and 5 ways to reduce the risk)

9 Reasons You Might Be Singled Out For a Tax Investigation (...and 5 ways to reduce the risk) HMRC Tax Investigations are known to last 16 months on average and cost thousands of pounds in accountancy fees.  That’s before you even pay any unpaid tax you might be liable for or any penalties.  The good news is that you can protect yourself fro...

Xero Xenogogy – Online Quotes

Online Quotes in Xero Many businesses don’t realise how important quotes are to their business, nevermind online quotes.  Obviously, they generate business but being too slow to turn quotes around or failing to follow up with them in a timely manner, can lose you business. Online quoting with Xero can help resolve this, providing a quick a...

Your Own Design Studio – How to Start Up

Design Studio Start Up - Where Do You Start? When you decide to start up your own design studio there are lots of elements to get to grips with and it might be easy to think that you can figure it out as you go along.  That’s true to a point, but there are some key areas you need to be clear on from the outset to give your business a fi...

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