Latest Bookkeeping News
Stay updated with all the latest bookkeeping and financial news from MacLellan Bookkeeping. This is where we share financial advice for your small business, industry news and other things like client testimonials. If you’re looking for bookkeeping help but you aren’t sure about contacting us then this is a good place to start.
Black Friday for small businesses
Black Friday is a way for big retailers to get rid of excess inventory and slow selling stock. While some consumers may get a good deal on some items
How to get paid on time.
As a sole trader or small business, it’s really important that you get paid in a timely manner, but sometimes, for any number of reasons, payments can be missed or late, leaving you struggling a bit with cash flow
Clothing as a business expense
Regardless of the type of business, we see a lot of questions around whether you can put clothing through as a business expense
Ways to manage cash flow.
Cash flow management is a vital part of every business and can be influenced by so many factors, so it’s vital…
Do you know your break -even point?
The break-even point is an important stat for a business, in simple terms, it’s the point where revenue and total costs are the same
Setting up a Limited Company
If you’ve gone through your options and decided that setting up as a Limited Company is the right path for you, then below is your step-by-step guide to setting up properly.
Claiming business expenses as an actor
We recently had a discussion with an actor friend about expenses they can claim as an actor. They’d been advised by a company which specialises in handling actor’s finances and much of it didn’t seem right to us
Did you know you can claim eye tests as a business expense?
As a limited company director, eye tests are an allowable expense against corporation tax if you use a computer screen for over an hour daily.
Budget 2024 and small businesses
We’re going to try and clear up a few things for you and help you to see what some of the changes in this budget mean for your business
AI in Bookkeeping
Artificial Intelligence (AI) can help bookkeeping in many ways and looks like a really exciting opportunity for bookkeepers and accountants alike.