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You’re not getting the tax advice you need

You are here: Gro Profit First » Archives for Stephen Edwards » Page 2

20th October 2021 · 3 min Read

You’re not getting the tax advice you need

There’s an unspoken truth when it comes to tax advice: for business owners, there’s a complete lack of transparency from advisors over what tax advice […]

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E5 - What are Management Accounts?E5 - What are Management Accounts?

23rd August 2021 · 1 min Read

E5 – What are Management Accounts?

What are Management Accounts? Why you may need management accounts in your business.

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What is cash flow forecasting

16th July 2021 · 5 min Read

What is cash flow forecasting: A complete guide to get started

In this podcast we break down what a cashflow forecast is in nice plain English.

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8th March 2021 · 2 min Read

How to Pay Yourself as a Ltd Company – Directors Salary 2021/2022 – Dividends vs Salary UK

How to Pay Yourself a Directors Salary in 2021/2022 NI thresholds for salary 2021/22 Let’s first look at the 3 the NI thresholds to understand […]

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Reverse charge VATReverse charge VAT

3rd March 2021 · 4 min Read

Reverse charge VAT

Reverse charge VAT Are you prepared for the VAT domestic reverse charge? The VAT domestic reverse charge procedure is a new way of accounting for […]

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Bitcoin profit/Bitcoin taxes/ Bitcoin Trading UKBitcoin profit/Bitcoin taxes/ Bitcoin Trading UK

26th February 2021 · 6 min Read

Bitcoin profit/Bitcoin taxes/ Bitcoin Trading UK

Do you pay taxes on Bitcoin profit in the UK? Stephen Edwards Stephen Edwards is a Chartered Certified Accountant and Director of Cheltenham Tax Accountants […]

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The BUSINESS GROWTH CLUB - Episode 1The BUSINESS GROWTH CLUB - Episode 1

8th January 2021 · 1 min Read

The BUSINESS GROWTH CLUB – Episode 1

The business growth club to improve and grow your business In this very first session of the business growth have we cover what training content […]

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5th January 2021 · 1 min Read

How to prioritise your to-do list for the New Year with Steve Covey’s Time Matrix

Time matrix using urgency versus importance In this video I explain how you can plan which tasks and projects to prioritise at the start of […]

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Business Continuity Plan & RecoveryBusiness Continuity Plan & Recovery

12th August 2020 · 3 min Read

Business Continuity Plan & Recovery

What this article is about Business Continuity Plan? In this article we will look at what this means and how are you can maximise your […]

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11th August 2020 · 2 min Read

The Identity Iceberg

What this article is about In this article we will look at what the identity iceberg is and how you can relate it to your […]

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Should I / Do I Need To Register for VATShould I / Do I Need To Register for VAT

7th August 2020 · 3 min Read

Should I / Do I Need To Register for VAT

Should I register for VAT? Do I need to register for VAT? When you start a small business one of the major milestones is registering […]

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What is a Bookkeeper?What is a Bookkeeper?

30th July 2020 · 5 min Read

What is a Bookkeeper?

What is a Bookkeeper? What is a bookkeeper and do I need one? This is a very common question that we get asked by a […]

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Pub tax tips 2 - How to get a bigger tax/CIS refund/rebatePub tax tips 2 - How to get a bigger tax/CIS refund/rebate

27th July 2020 · 3 min Read

Pub tax tips 2 – How to get a bigger tax/CIS refund/rebate

How to get a bigger tax refund/rebate How to increase your tax refund? One of the the most common things we hear from some clients […]

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How To Do BookkeepingHow To Do Bookkeeping

24th July 2020 · 5 min Read

How To Do Bookkeeping

How To Do Your Own Bookkeeping For a Small Business How to do your own ‘bookkeeping’ or bookwork? Stephen Edwards is the founder and director […]

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6th July 2020 · 6 min Read

Understanding the Director’s Loan Account: A Comprehensive Guide

Introduction A Director’s Loan Account (DLA) is an essential financial tool for limited company directors. It records transactions between the director and the company, including […]

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Business Tips for Small Business OwnersBusiness Tips for Small Business Owners

15th June 2020 · 4 min Read

Business Tips for Small Business Owners

Small Business Tips Please find our 5 most powerful small business tax tips below. They are not in any particular order but are all potentially […]

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How to avoid VAT / Can I split my business for VAT?How to avoid VAT / Can I split my business for VAT?

1st May 2020 · 3 min Read

How to avoid VAT / Can I split my business for VAT?

HOW TO AVOID VAT / Can I split my business for VAT? / Pub Tax Tips – True and False This is part of our […]

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Supporting your family and team through the lockdownSupporting your family and team through the lockdown

24th April 2020 · 3 min Read

Supporting your family and team through the lockdown

Supporting your family and team through the lockdown Many of our clients have been busy ‘firefighting’ and haven’t had a chance to document a clear […]

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20th April 2020 · 3 min Read

Job Retention Scheme Update

HMRC last tonight published a step by step guide to help businesses make their claims under the Job Retention Scheme (“JRS”) aka furlough scheme.  HMRC […]

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Funding and grants for businesses during Covid-19Funding and grants for businesses during Covid-19

9th April 2020 · 3 min Read

Funding and grants for businesses during Covid-19

We have put together a summary of various grants etc that are available currently in case any are relevant for you during the Covid-19 pandemic […]

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COVID-19 Coronavirus Business Interruption Loan Scheme (CBILS)  CHANGESCOVID-19 Coronavirus Business Interruption Loan Scheme (CBILS)  CHANGES

3rd April 2020 · 2 min Read

COVID-19 Coronavirus Business Interruption Loan Scheme (CBILS) CHANGES

CBILS CHANGES As expected, The Chancellor made an announcement to “tweak” the CBILS, following representations made by business and representative bodies, such as the Federation […]

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30th March 2020 · 3 min Read

Furlough Letter Template

Furlough Letter Template THIS IS LETTER IS AN EXAMPLE AND SHOULD BE USED AS GUIDE, EMPLOYMENT LAW ADVICE SHOULD BE SOUGHT ON SELECTING EMPLOYEES AND […]

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27th March 2020 · 6 min Read

Business support with Covid-19 / Continuity Planning

Covd-19 update from weekend (updated 30.3.20) Job Retention Scheme Both the CBI and the ICAEW have held conversations with senior HMRC executives, following the guidance […]

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COVID-19 Coronavirus Business Interruption Loan Scheme (CBILS)  CHANGESCOVID-19 Coronavirus Business Interruption Loan Scheme (CBILS)  CHANGES

20th March 2020 · 3 min Read

Funding for small business

Funding for small business As I write this article, the world is going through Covid-19. If you are lucky enough to be a small business […]

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Do you really want cheap accounting?Do you really want cheap accounting?

21st February 2020 · 5 min Read

Do you really want cheap accounting?

Cheap accounting? Considering cheap accounts / accounting services? There are many purely online accountants that promise to offer cheap accounting services. We have covered pricing […]

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21st February 2020 · 4 min Read

Accountants for self-employed

Accountants for Self-employed As accountants for self-employed businesses, we specialise in saving you and your business tax. Do I need an accountant if I am […]

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Tax Accountant?Tax Accountant?

20th February 2020 · 1 min Read

Tax Accountant?

What is a Tax Accountant? Tax accountant or just an accountant? There can be some confusion when it comes to what ac accountant does and […]

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Pay Corporation TaxPay Corporation Tax

20th February 2020 · 3 min Read

Pay Corporation Tax

How to pay your corporation tax? How to pay corporation tax? Corporation tax is due on the profit you make in your limited company. It […]

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19th February 2020 · 2 min Read

What is a close company?

What is a close company? A Close Company is often known as a family type business or a very small limited company. It generally described […]

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Online VAT calculator / Backwards VAT calculator / Remove VAT calculatorOnline VAT calculator / Backwards VAT calculator / Remove VAT calculator

9th February 2020 · 5 min Read

Online VAT calculator / Backwards VAT calculator / Remove VAT calculator

Online VAT calculator UK / VAT backwards / VAT formula / Remove VAT calculator Welcome to our online vat-calculator. This is designed to make the […]

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Pricing StrategiesPricing Strategies

8th February 2020 · 5 min Read

Online Tax Accountant Services

Online Tax Accountant Services We offer expert online tax accounting services through our proven tax-saving systems. All UK residents are subject to the tax rules […]

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What is a sole trader?What is a sole trader?

8th February 2020 · 3 min Read

What is a sole trader?

What is a sole trader / self-employed person? If you are starting a business for the first time then you may have conducted your own […]

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8th February 2020 · 4 min Read

Limited Company Accountants Fees

What are the accountancy fees for a limited company?

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Xero Accountants UKXero Accountants UK

7th February 2020 · 3 min Read

Xero Accountants UK

We are Xero Accountants We love Xero, hence the title Xero Accountants! Ok so we are also fans of Quickbooks Online and have clients using […]

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10th January 2020 · 3 min Read

Business Growth Consulting

You are underpaying yourself. If this resonates with you, read on. Your staff are getting paid. Your suppliers are getting paid. HMRC is definitely getting […]

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Business PlanBusiness Plan

17th December 2019 · 4 min Read

Business Plan

When we think of a Business Plan it is usually seen as something you need when you first start a business, the truth is, this […]

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12th December 2019 · 1 min Read

Should I register for VAT?

We get asked ‘Should I register for VAT’ quite often, especially from new business owners GUYS. SO TODAY I WANT TO TALK ABOUT A COMMON […]

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Recommended App 2 - Fluidly - A perfect introduction into cashflow forecastingRecommended App 2 - Fluidly - A perfect introduction into cashflow forecasting

3rd December 2019 · 5 min Read

Cash Flow Forecasting Software: A Guide for Businesses

Introduction Effective cash flow forecasting is essential for businesses to manage their financial health, avoid cash shortages, and plan for growth. With advancements in technology, […]

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Recommended App 1 - ChaserRecommended App 1 - Chaser

15th November 2019 · 4 min Read

Chaser: The Ultimate Accounts Receivable Software for Credit Control Automation

Introduction Managing accounts receivable efficiently is crucial for maintaining a healthy cash flow. Chaser is an advanced credit control automation software designed to help businesses […]

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How 'Can I' Make My Numbers in My Business Plan a Reality?How 'Can I' Make My Numbers in My Business Plan a Reality?

7th November 2019 · 2 min Read

How ‘Can I’ Make My Numbers in My Business Plan a Reality?

In this video, we review what it means to make your numbers real. When I say ‘real’ I mean realistic. You may of heard of […]

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Can I pay my wife a wage/salary from my company as an employee?Can I pay my wife a wage/salary from my company as an employee?

1st November 2019 · 2 min Read

Can I pay my wife a wage/salary from my company as an employee?

In this video, we look at one of the most common questions we get asked, ‘Can I pay my wife a wage?’. This is usually […]

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The Three Freedoms for Business OwnersThe Three Freedoms for Business Owners

29th October 2019 · 1 min Read

The Three Freedoms for Business Owners

Ok, so you’ve made it this far. Well done. You’ve started your own business and it’s successful to some degree. You have regular revenue and […]

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25th October 2019 · 4 min Read

How to Submit Your Own Accounts: A Complete Guide

How to Submit Your Own Accounts: A Complete Guide Introduction If you’re a business owner, you might be wondering whether you can submit your own […]

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9th October 2019 · 8 min Read

A comprehensive guide of national assurance for self-employed

National assurance for self-employed National Insurance has become a firmly established part of Britain’s taxation system since its inception in 1911. Today it forms the […]

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Should I lease a car through my limited company?Should I lease a car through my limited company?

11th September 2019 · 3 min Read

Should I lease a car through my limited company?

This is following on from our very own Richard’s article on claiming motor expenses in your business. It is designed to cover leasing a car […]

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accountants for electricians

10th September 2019 · 5 min Read

Claiming for business motor expenses

Claiming Business Vehicle Expenses: A Complete Guide Introduction You have a car, you use it for work, so you want to include it as a […]

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9th September 2019 · 3 min Read

Online Accountants Reviews

In this article, we will look at the top-rated online accountants in the UK. Reviewing online accountants in the UK is not easy. You will […]

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What happens if I sell my business van / commercial vehicle?What happens if I sell my business van / commercial vehicle?

9th September 2019 · 3 min Read

What happens if I sell my business van / commercial vehicle?

As much as we would all like to pay less tax, most of us are not trying to run a business like Del Boy and […]

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payroll cheltenhan

6th September 2019 · 5 min Read

A Simple VAT Guide: The Different VAT Accounting Methods

Introduction – VAT guide VAT (Value Added Tax) is a tax that businesses collect from customers on behalf of HMRC. If you’re a VAT-registered business, […]

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How long should you keep your records/books for?!How long should you keep your records/books for?!

30th August 2019 · 1 min Read

How long should you keep your records/books for?!

In this video we discuss how long you should retain your information for the taxman.

Read More
Don't manage your time

29th August 2019 · 3 min Read

Don’t manage your time, manage your energy

There is a lot of talk around how we should get more from our time and our days. Get up at 5am (I’ve started trying […]

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What is the Flat Rate Scheme for VAT?What is the Flat Rate Scheme for VAT?

23rd August 2019 · 5 min Read

What is the Flat Rate Scheme for VAT?

Flat rate VAT In this video Stephen Edwards discusses what the flat rate scheme is and when it may be beneficial for you to explore […]

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Online VAT calculator / Backwards VAT calculator / Remove VAT calculatorOnline VAT calculator / Backwards VAT calculator / Remove VAT calculator

23rd August 2019 · 3 min Read

Can I Split My Business for VAT Purposes? A Comprehensive Guide

Introduction One of the most frequently asked questions from business owners is whether they can split their business to avoid VAT registration. The short answer […]

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Are you happy with the profit you are making?Are you happy with the profit you are making?

20th August 2019 · 1 min Read

Are you happy with the profit you are making?

In this short video I talk about why we start a business for in the first place and how you can make small changes by […]

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Managing your time better part 1Managing your time better part 1

12th August 2019 · 1 min Read

Managing your time better part 1

Learn about the 80/20 rule This is a guest blog from Stephen Edwards regarding time management. We promise you, this is worth a read! You […]

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Cashflow challenges for tradesmen & construction sector businessesCashflow challenges for tradesmen & construction sector businesses

5th August 2019 · 3 min Read

Cashflow challenges for tradesmen & construction sector businesses

The construction industry There are two main types within this, general builders and tradesmen and then there are more profession type workers such as surveyors […]

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No longer just an accountant but your FINANCE FUNCTIONNo longer just an accountant but your FINANCE FUNCTION

17th July 2019 · 4 min Read

No longer just an accountant but your FINANCE FUNCTION

The world of business, bookkeeping, accounting and technology has changed dramatically in the last few years. The rate of change is set to carry on […]

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9th May 2019 · 1 min Read

Xero & Quickbooks

Xero and Quickbooks online are the most popular online bookkeeping packages, but which one should you choose.

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21st March 2019 · 1 min Read

5 massive end of year tax planning tips!

In this short video we share 5 massive tax tips that anyone can follow. The first one is for businesses but the rest is relevant […]

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New level of bookkeeping serviceNew level of bookkeeping service

14th March 2019 · 1 min Read

New level of bookkeeping service

We are taking our bookkeeping services for our client base to a whole new level. It’s not really comparable to what we ‘had to do’ […]

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We love what we do and care about your business and your money. Keeping our clients happy doesn’t just benefit you but also us, hopefully from singing our praises to friends, family and contacts…

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