About philandgrace

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So far philandgrace has created 10 blog entries.

Bookkeeping Tips: Invoice numbers

This is the first in a series of blog posts about bookkeeping. I will be keeping them short and sweet, so each time I will focus on something small. Why have invoice numbers? The obvious answer is to distinguish between different sales transactions. This might seem obvious to you, in which case I apologise. Quite [...]

By | October 21st, 2016|Accounts, Bookkeeping|0 Comments

Free tax advice; the man in the pub!

What if I were to tell you there’s a world class tax expert out there, he’s local to you and he doesn’t charge for his advice? He knows EVERYTHING there is to know about tax, whether it’s income tax or capital gains, or inheritance tax or even VAT – he knows it all and he’s [...]

By | July 28th, 2016|Tax|0 Comments

Why outsource your bookkeeping?

Recently we sorted out a new office. Prior to that we had been huddled in an old caravan in the garden – it was damp, cold and cramped. The reason I’m telling you this is because one of the things we paid for was a proper electrician to come and sort out all the electrical [...]

By | April 20th, 2016|Bookkeeping|0 Comments

In praise of partnerships

For quite a few years now, January has been a month of madness and stress while I try to submit all my clients' tax returns by the deadline. I have in the past had to work through weekends and even through the night to get the last few in on time. This year, thankfully, has been [...]

By | February 9th, 2016|Partnership|0 Comments

Is your business facing forwards?

Here’s a question (or several) for you – when your accountant hands you your accounts and tax return, do you understand the information they contain? Do you

By | November 11th, 2015|Accounts, Bookkeeping|0 Comments

Is your business taking on water?

For those of you who may not know, I own a narrowboat on which I spend as much time as I can cruising the rivers Soar and Trent. There’s nothing quite like taking to the water and parking up (I figure I’m allowed to say parking up as I am a real live boater) for [...]

By | October 29th, 2015|Accounts, Bookkeeping|1 Comment

When I grow up…

I'm always amazed when I hear of children who know exactly what they want to do when they grow up, and follow it through without hesitation. When I started secondary school I met a girl called Rebecca who wanted to be a doctor. She never wavered from this ambition and the last I heard she [...]

By | September 12th, 2015|Accounts, Bookkeeping, Start Ups|0 Comments

Feast or famine

This morning it’s bright and sunny and the sky is a gorgeous azure blue. I love days like this, but I especially appreciate them at the end of a long winter such as we’ve had this year, where it has been dull and rainy for months. I don’t mind the cold as long as the [...]

By | June 20th, 2015|Accounts, Bookkeeping|0 Comments