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Stephen Hill Partnership Blog

Category Archives: Business

IR35 CHANGES – APRIL 2020

  Changes are set to be rolled out for the private sector in April 2020, meaning those who fall within the conditions of IR35 could face a higher tax charge. It also means the responsibility for setting IR35 status will be passed from contractors to the medium and large...

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MTD for VAT: guidance updated:

HMRC have published an updated version of their guidance for businesses on Making Tax Digital for VAT. In particular, the guidance now includes information on how businesses should deal with petty cash transactions. Petty cash is traditionally a small amount of cash on hand that covers day to day...

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Receipt Bank

Interested in reducing the amount of time you spend bookkeeping? Rather invest that time developing your business or with family and friends? Let me introduce you to Receipt Bank – The World’s Favourite Pre-Accounting Platform Founded in 2010 out of frustration from the amount of time and money lost...

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Invoice financing

If your business has a high level of debt owing you may struggle with cash-flow. If customers are slow to pay you may find it difficult to pay your suppliers on time. A lack of cash coming into your business, not to mention falling out with your suppliers, could...

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Credit control

There’s nothing worse than doing work, only to find yourself faced with a customer who simply cannot pay. Good credit control is essential. Here are a few basic pointers to reducing the chance of a bad debt.  Agree terms upfront Make a point of agreeing with your customer when...

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