Brexit round-up, kind of
So, we’ve left the EU. Although the world hasn’t come crashing down around us, there is still a large amount of uncertainty about what it means and what happens next. As we’re now in a transition period, the government has until the end of the year to formalise the agreement, and any amendments put into […]
The evolution of bookkeeping
Thousands of years ago when commodities were exchanged for other goods and services, the Egyptians, Romans and Greeks all recorded their trades on pieces of parchment. It’s fair to say the process has changed dramatically since then with a modern bookkeeper dealing with an increased number of transactions, improved digital software, and much less parchment. […]
Are you too reliant on bookkeeping software?
If you run a small business, you’ll know how time-consuming it is trying to keep up with the paperwork while you’re busy establishing and expanding your customer base. It’s a sad fact that 60% of new UK companies will go under within three years, and 20% will fail before they’ve reached their first anniversary. One […]
How much do you know about VAT?
What is VAT? Value Added Tax is a government tax on goods and services, and it’s based on the increase in value of a product or service at each stage of production and distribution. It was initially brought in during Edward Heath’s prime ministership in 1973, as part of the UK’s condition of joining what […]
A very happy Christmas from the team at AMR Bookkeeping!
It’s been another busy year at AMR Bookkeeping Solutions and we can hardly believe that 2019 is nearly over. We’ve welcomed new members to the team and said goodbye to others, notably the head of our bookkeeping team, Carolyn Murphy, who retired in the summer after 12 years’ sterling service. Clare Ayres took over the […]
December 2019 Newsletter
For this quarter’s newsletter we would like to focus on payroll, giving you an update on our payroll team and also reminding you of some housekeeping with pensions and the year end coming up. Christmas Pay Run As the festive period has arrived, we will be closing the payroll department from Monday 23 December and returning refreshed […]
Get your books in order before Christmas!
Yes, it’s that time of year again . . . the January self-assessment deadline is looming in sight. Ah, you thought we meant Christmas! We hate to put a dampener on the anticipation, but before you throw yourself completely into the menu-planning, present-buying and general excitement of the season, why not make an effort to […]
Are you compliant with changes to the Payslips Law 2019?
Earlier this year, the government passed new legislation requiring employers to provide payslips to all workers, and making it a statutory right for all workers to receive an itemised payslip, showing hours on payslips where the pay varies by the amount of time worked. The government has been paying more attention to employment law in […]
Cybersecurity – are your company finances safe?
It’s a worrying fact that cybersecurity attacks are rapidly increasing, and any business, whatever its size, needs to be constantly on the alert. Companies are almost entirely computer-dependent for the vast majority of their transactions; communications, trading, marketing, IT, production, customer service, research and development, design, operations – and of course, the vital financial areas […]
Do accountants need a bookkeeper?
If you ask the average person in the street whether they know the difference between a bookkeeper and an accountant, they might struggle to tell you. They both help businesses with their financial administration, so aren’t they interchangeable? Why on earth would an accountant need the services of a bookkeeper? It’s a common misconception; whilst […]