The Power of Numbers in Business

The Power of Numbers in Business

In the intricate world of business, success often hinges on the ability to make informed decisions, and numbers serve as the bedrock upon which these decisions are built. Whether you’re running a small startup or a multinational corporation, the utilisation of numerical data is indispensable for several compelling reasons: 1. Informed Decision-Making Numbers offer an […]

The Benefits of Transferring to Xero Accounting Software

The Benefits of Transferring to Xero Accounting Software

Did you see that Xero sponsored the FIFA Women’s World Cup in Australia in 2023?  Xero is a cloud-based accounting software which is popular worldwide, and it is not hard to understand why.  Don’t get me wrong, I don’t work for Xero, nor are they paying me for this endorsement! However, I do have first-hand […]

10 Tips for Building a Business That Thrives in Your Absence

10 Tips for Building a Business That Thrives in Your Absence

Recently, I’ve taken an extended break from my business to take a three week trip travelling through Thailand with my family.  This holiday has been on the cards for some time as my husband and I were meant to go to Thailand for our honeymoon 15 years ago.  However, my daughter was born 20 weeks […]

Top Three Types of Business Ownership for Landscaping Businesses.

Top Three Types of Business Ownership for Landscaping Businesses

Businesses vary in size and ownership and as such there is no ‘one size fits all’ approach to choosing the appropriate structure.  There are various different ownership structures business owners can adopt when setting up, but this can be changed later on if necessary.  It is an important decision to make as the type of […]

Increasing Business Profit Using Good Management Practices

Increasing Business Profit Using Good Management Practices

I am attending a 12-week management training programme at the moment which is proving very helpful and insightful.  In fact, I have implemented already some of the recommended practical tools aimed at improving the management of my daily and weekly workload.  My team have introduced the same suggested way of working and are benefitting from […]

How to Choose the Right VAT Accounting Scheme

How to Choose the Right VAT Accounting Scheme

Whether you run your business as a sole trader or limited company, it becomes mandatory for you to register for VAT when you reach the annual taxable turnover threshold of £85,000. Some business owners choose to voluntarily register for VAT before they reach the registration threshold as it can be a strong strategic decision. When […]

Explaining VAT – A Guide for Business Owners

What is VAT and Which Scheme is Right for Your Business?

Part 1 – What is VAT and Which Scheme is Right for Your Business? What is VAT? VAT stands for Value Added Tax and this year marks 50 years of VAT in the UK.  Quite simply, the purpose of VAT is to generate revenue for the government.  It is a widely used tax system in […]

How to Grow Profit in a Landscape Gardening Business

How to Grow Profit in a Landscape Gardening Business

Last week was National Growing for Wellbeing Week 2023. This is an annual celebration that aims to recognise and emphasise the importance of gardening and growing activities in enhancing our physical, mental and emotional wellbeing. How often do you stop to think about the health and wellbeing of your business, how far it has come […]

Help For Start-Up Businesses in The Landscaping Industry!

For the past 13 years, Sones Accountancy Services has been working with businesses in the landscaping industry. Our vision is to help business owners at all levels in the industry to ‘know their numbers’ and gain confidence in using their numbers to make sound business decisions. As the owner of the practice and an accountant, […]

New VAT Payment Penalty System

New VAT payment penalty system

Did you know that the VAT payment penalty system was replaced in January 2023?  There have been two separate penalties introduced, one for the late submission of VAT returns and the other for the late payment of VAT liabilities.  The new system is based on penalty points and according to HMRC, will penalise “only the […]