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Need-to-know information and honest opinion
Our blog posts are inspired by real questions from real clients, by breaking developments in tax and finance, or simply by things we need to get off our chests. You’ll find explainers, intelligent commentary and forthright opinion pieces, on everything from the Budget to the business expenses. It’s all designed to put you in the know so you can make smart decisions, or to get you thinking. And if there’s something you’re curious about that’s not covered here, drop us a line and we’ll see what we can do.
Why you need cashflow forecasting
If you want to make the most out of your business you need to think about cashflow forecasting. Here’s why.
How do you build an adaptable business?
Businesses have had a lot to contend with in the last couple of years. How can you make sure your business is adaptable enough to handle these challenges?
The Toyota way – what is it and how can you learn from it?
Every business is trying to be the best version of itself. It’s tough, but by following the Toyota way, you can start on that journey, too.
Why I think MTD is a great idea
Changes to your business routine can be disorientating, but MTD is great for businesses and will only benefit their operations and accounting.
How to get paid on time by your customers
Not being paid promptly can set you and your plans back significantly, which is why it’s so important to devise ways to get paid on time by your customers.
Employee benefits in 2022
There are many good reasons to explore benefits for your employees: if not just for the tax breaks, for the benefits of a great culture and staff retention.
Using bank feeds in Xero and Quickbooks
There are many benefits to linking your bank with your cloud accounting software like Xero and QuickBooks, and our team at Mayflower is here to help.
What are trivial benefits?
Giving gifts is a great way to show employees that you care, but there are some rules to be mindful of. Here’s what you need to know.
Spring Statement 2022 – 6 Key Points
In his Spring Statement, The Chancellor announced some reliefs to address the cost of living crisis, but does it go far enough?
Can you do your own books with software?
Cloud accounting is an incredible tool to get your books in order quickly and efficiently, but it’s no replacement for the expertise of an accountant. Here’s why.
Benefits of CIS gross status for contractors and subcontractors
Many contractors and subcontractors apply for gross status under the CIS. Here’s what it means for you and why you should apply, too.
5 things to think about before the end of the tax year
March is an important month in the tax calendar as it is the last time you can influence your tax bill. Here are five things to think about before we close 21-22.
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