Privacy Policy

Privacy Policy Privacy Policy Statement This website is controlled and operated by ABC Accounting Services. All comments, queries and requests relating to our use of your information are welcomed and should be addressed to: Marketing Dept Flexadux House Grange Road Corringham Road Industrial Estate Gainsborough Lincolnshire, DN21 1QB   We can be reached via e-mail at info@abc-accounting-services.co.uk or you can reach us by telephone at +44 1427 613613 Data Protection We are committed to protecting the privacy and confidentiality of information provided by all users of our website. Accordingly we uphold the relevant data protection principles and process your personal
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Saving An Emergency Fund

One of the most sensible things you can do financially is to build up an emergency fund. You never know what life could throw at you. A huge number of factors could mean you find yourself short on the cash front. We’d recommend having, at the very least, 3 months worth of expenses saved. The fact that an unexpected event will lead to you needed the money we’d also recommend keeping it in an account that you can access at all times without needing to give notice when you withdraw. How much are you able to save? So now you know
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Top Tips For Negotiating Salaries With New Employees

From the moment you offer a job to the successful candidate the window for salary negotiation opens. There are two outcomes of this negotiation, that the candidate will end up feeling either wanted or devalued. In their eyes, the level of pay they receive determines how important they are to you and your company. A successful salary negotiation will end in a positive employer as well as a positive employee. Reasoning has been discussed and both parties will agree upon a fair salary that reflects both the employer and employee. If you’re struggling to negotiate or are looking for some guidance
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What You Need To Know About VAT on Ecommerce Sales

For most products, there’s no difference between online and physical retailing where VAT is concerned. However, digital goods and services (ebooks, music and image files etc) come under a different set of VAT rules. The way that HMRC look upon it is that if you’re selling goods on the Internet, you’re using it solely as a tool for communication and distribution as well as receiving payment from the customers buying your products. The same rule applies as it would for a physical store, you are only able to charge VAT if your business is registered to do so. Should your eCommerce
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Making Tax Digital – What You Need To Know

There’s plenty of articles on the internet about MTD, most of them contain a lot of information that isn’t relevant to the majority of people. We’ve created this article to compile the relevant, useful information that most of us need to know about Making Tax Digital. Making Tax Digital will be active from April 2019.   In basic terms, it is a government scheme that means everybody will have to file tax and payment online as well as keeping records digitally. You’ll have your own account which will give you an overall picture of your tax.  ALL business tax will
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Key Budget Takeaways 2015

George Osborne promised no giveaways or gimmicks in his 2015 Budget which is a bold statement given that this was his last chance to impress voters. Whether you believe his words or not matters little when you consider this simple fact: if you vote conservative in May you will wish to believe that this Budget shows no bias. If you vote for another party in May then you only stand to benefit from this Budget if it was intended as a sweetener. So either way the Budget before an election is often beneficial to the masses, delivered as unbiased by
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Top Business Takeaways from the Autumn Statement

George Osborne delivered the Autumn statement today and besides comparing Ed Miliband to Wallace or Gromit (I choose to forget the details) he also managed to deliver some adult subject matter too! Here is our roundup of the key business takeaways. Enjoy! Just click the link to go to our PDF summary: TOP TAKEAWAYS OF THE AUTUMN STATEMENT. (1)  
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Why as a nation were we outraged with Starbucks…but not Amazon?

£167bn makes income tax the government’s main area of revenue. It contributes to the £648bn total of incoming receipts. This compares with £732bn which is the government’s total expenditure. The gap is bridged with £84bn of borrowing. So how does Starbucks fit into all that? It is only one company after all. When reports emerged in 2012 showing that the coffee giants had paid little to no tax the British public reacted with venom. There was national animosity, protests and many chose to boycott them and are continuing to do so. This was admirable and moving – voting with your
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