As a farmer it can be tempting to think the grass is greener on the other side of the fence. You see your peers doing things differently – different livestock, meat over dairy, or diversifying their income and mixing it up. Although it may seem a desirable option for your business, there may be situational…
Author Archives: William Robinson
If you do work within the scope of CIS, there are some things you should consider – cash flow implications being one, the Flat Rate Scheme another. Cash flow Subcontractors working in the CIS could suffer a cash flow hit with the Domestic Reverse Charge (DRC), particularly labour only subcontractors, as they will no longer…
Many businesses are having to grow a thick skin and build resilience during these difficult times. If anyone knows about building resilience through uncertainty, it’s Farmers, who are often forced to rapidly adapt to the circumstances of the year as it unfolds. We know from our experience working with Farmers, finance can be the biggest…
If you receive bills for your business via email, and are tired of having to print them off yourself and enter the details, then Xero has the inbuilt capability to assist. HMRC are happy to accept legible electronic copies of bills as evidence of business expenditure too, so now could be the right time to…
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As you will have no doubt heard, HM Revenue & Customs (HMRC) are introducing a new way to file a business’ VAT returns from 1 April 2019. For VAT registered businesses with a turnover over the VAT threshold, currently £85,000, this is generally mandatory – there are exceptions, via religious beliefs, age exception and internet…
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