If you see your advisers once a quarter – or worse still, once a year – then you don’t have the right kind of depth to your advisory relationship.
You need more frequent contact and a more productive working relationship with your accountant. By meeting and talking regularly makes a big difference between a ‘traditional accountant’ and a ‘modern cloud-based accountant’ – a good, 21st-century accountant is a trusted business adviser, not a dull bookkeeper.
Getting ready for your tax year-end can be something of a pain – and you’ll no doubt be acutely aware of this fact as the January tax season looms large!
There’s the paper work to rifle through, the past 12 months’ bank statements to find and a huge pile of paper receipts to wade through before you can give your accountant the information they needed.
But it doesn’t have to be this way.
Chaser is a plug-in, or ‘Xero Add-on’, that integrates with your Xero online accounting software. We’ve invested in Chaser so that you have software to view, understand and manage your ageing debts – with the built-in tools to chase up customers and make sure your invoices get paid on time.
Here’s how Chaser runs after the Profit Pickpocketer – and in some cases, rugby-tackles him and wrestles him to the ground. And takes your money back, and your DSLR camera, and your business – and returns it to you with a smile.
An effective tax plan will ensure that you pay the right amount of tax and remain compliant with the latest HMRC rules and regulations.
Taking a progressive approach to your businesses tax spending should be an integral part of your wider strategic plan – find out more about our efficient tax planning sessions.