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Startup of the Week - Pocket PA

by: Startacus Admin ~ 12th August 2020
The app that's helping microbusiness owners manage "the business stuff" all in one place - from bookings and appointments through to invoicing and expenses...Running your own business might be a dream for many people, however there are some aspects of it which can be anything but. Whilst your days may be spent doing work that you really have a passion for, it can be easy to neglect the tedious stu...
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Building a financial plan around preparing for the new normal

by: Startacus Admin ~ 6th August 2020
Donna Torres, director of small business at Xero UK shares some handy tips for preparing for the new normal and building a financial plan around it... There is some light at the end of the tunnel for small businesses. As the lockdown continues to ease many retailers and hospitality businesses are now opening up again, or preparing to return soon.    Preparing for what’s arou...
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Factors to consider when choosing your accountant

by: Startacus Admin ~ 27th July 2020
Investing in the services of an accountant can yield considerable benefits, particularly for those who aren’t conversant in monetary matters. But not all accountants are created equal. Before making a hiring decision, you’ll want to devote some effort to determining which is best for you. Let's run through some of the criteria by which you might judge a potential appointment. How much...
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Making Tax Digital marks the end of paper reports

by: Startacus Admin ~ 10th April 2019
The new Making Tax initiative waves goodbye to paper reports once and for all. As it started from the beginning of April 2019 here's a handy overview. Just when we think we've found our stride amidst business meetings various, marketing efforts, managing your staff, and stressing over making ends meet - we get hit with another curveball. As if running your own startup wasn't difficult enough - we...
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Managing payments, invoices and overdue debt

by: Startacus Admin ~ 12th February 2019
From understanding more about how a business can invoice effectively to avoid late payments, to what debt recovery means, how to take legal action against overdue debt, how to make a statutory demand against a company, we chatted to Toby McMurray, Partner at commercial law firm Tughans, to find out more about managing payments. Tughans is one of the largest commercial law firms in Northern I...
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Business Futures: How the accounting sector is adopting technology to improve the client experience

by: Startacus Admin ~ 13th December 2018
Exploring how technology is changing the accounting sector and how tech interaction is improving the overall client experience. Simon Dolan’s success began with placing a £10 advert in a local paper when he was 22. After working from a kitchen table for five years, Simon opened the first office and the firm grew rapidly, becoming a market leader in the contractor accountancy sect...
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Coconut cracks on with it's banking and accounting app

by: Startacus Admin ~ 3rd May 2018
Coconut, an app-based smart current account, combining banking and accounting services for the freelance and self-employed workforce, has opened 1,000 accounts since launch. Coconut, an app-based smart current account combining banking and accounting services, designed specifically for the UK’s ever-growing freelance and self-employed workforce has reached a significant milestone in opening...
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Starting Out in Self Assessment

by: Startacus Admin ~ 16th April 2018
Starting out in the UK & considering trading as a sole trader? Here's some current sole trader & self assessment info you'll need to know, care of Bradley Post, Managing Director of Rift Tax Refunds. I'm setting up a business. Am I better off as a Sole Trader or a Limited Company? The first steps are the most important when you're setting out in a new business. A big part of ge...
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Challenger bank with integrated accounting service goes from beta to launch

by: Startacus Admin ~ 9th April 2018
Challenger bank, Countingup, a UK business current account with integrated accounting and tax software, goes from from beta to official launch. Challenger Bank Countingup offers accounting and banking in one place for sole traders, freelancers and small businesses. Created in September 2017 by Tim Fouracre, Countingup is VC backed startup who have worked with more than 1,000 small businesses ...
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Countingup imagines a future where accounting & banking are combined

by: Startacus Admin ~ 22nd October 2017
Countingup is on a mission to simplify running your business. But how you cry?! Countingup aims to offer small businesses the chance to open a current account on their smartphone in just 5 minutes (tick). But whilst this is not perhaps unique in an era of Fintech / banking disruption, the fab feature here is that the banking app will also do your accounting. (double tick). It will submit VAT ret...
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