Reducing business debt – how good bookkeeping can help
For any business owner, the tracking and management of business debt is one of the top priorities. There will always be debts to manage in a business, whether it’s regular payments to important suppliers, rent, utility bills, a bank loan to fund the expansion of premises, or a tax bill from HMRC – which could […]
Key legislation changes – how good bookkeeping can help
Whenever a new government comes into power, there is usually a raft of new legislation as MPs hit the ground running to get started on their manifesto. This new government is no exception. Many of the changes will be significant to business owners, who will need to ensure that they, or whoever is in charge […]
Workers’ rights reforms – what business owners need to know
The new Labour government made a commitment in its manifesto to enhance the rights of workers, and some significant changes have already passed into law with the Employment Rights Bill which came into effect on 10 October 2024. Further measures are likely to enter the statute books soon. If you’re a business owner, these changes […]
The budget – what bookkeepers need to look out for
Businesses all over the country have been waiting to see what changes would affect them when the Chancellor, Rachel Reeves, stood up in the House of Commons to announce the November 2024 budget. At AMR Bookkeeping Solutions, we were obviously paying close attention to anything which was likely to impact bookkeeping and payroll. We’ve put […]
Letting a holiday home – 5 bookkeeping tips for landlords
Letting out a holiday home can deliver a lucrative income for the owner, especially if it’s in a popular spot. Throw in a beautiful beach or some picturesque countryside, a good pub and plenty to do nearby and with the right help you should have many people eager to book up for their breaks. However, […]
A bookkeeper’s guide to what a business can claim in capital allowances
As we regularly emphasise here on our blogs, all business owners need to know the basics of bookkeeping or employ a bookkeeper to ensure everything is done correctly. There are so many different taxes, allowances and procedures to get to grips with that it can be quite stressful ensuring you’re claiming everything you’re entitled to. […]
Bookkeeping for a profitable gardening and landscaping business
A beautiful garden holds a very special place in the UK’s hearts, heightened by the Covid pandemic when people appreciated even more the benefits of getting outside and closer to nature. The desire to make the best of your outside space, and the demands of busy working lives or issues of getting older and less […]
Outsourcing payroll services – why it makes sense
As the payroll date draws near, business owners who undertake it themselves can often feel a slight sense of dread. It’s a time-consuming exercise which, unlike other jobs, absolutely can’t be put off if there’s a rush on, and the ramifications of lateness or errors can be serious. Not to mention the fact that employees […]
Managing an employee’s retirement in a small business
Retirement is a major milestone for everyone, whether you’re CEO of a multinational corporation or a self-employed business owner with no other employees. The transformation from being responsible for the success of a business on Friday to waking up on Monday morning with all those hours to fill provokes many emotions from delight and excitement […]
How does a bookkeeper strike the right balance between technology and the human touch?
The role of a bookkeeper covers many different services and includes credit control, payroll services, budgeting and cashflow, pensions auto-enrolment and financial processing. It’s a profession which requires accuracy and efficiency, attention to detail, time management and problem-solving, and in which the use of technology plays a major and continually increasing part. Cloud accounting software […]
