Stay informed with the latest news and advice from Pearl
How to Choose the Best Company for Bookkeeping Services
Bookkeeping is an essential element in every business. However, many SMEs do not consider its importance when starting their projects; they see it as unnecessary. Accounting is a subject that deals with recording, classifying and summarizing the business operations of...
read more
7 Questions Growth-Seeking CEO’s need to Answer
The role of a Chief Executive Officer in an organisation holds paramount importance. A CEO is the chieftain of a business whose leadership and power is the driving factor of the company. Many business owners around the world sitting in top organisations define their...
read more
5 Steps to Cut Business Costs during a Crisis
Business crises come in many forms. Whether you’re experiencing a direct business crisis such as a sudden departure of key staff, or a socioeconomic crisis like the one we went through during early 2020 when COVID ravaged the country, the steps taken to survive that...
read more
Tips To Help Freelancers Manage Their Accounting Better
Freelancers have the opportunity to get contracts and work on them one after the other. This means their income level is dictated by their skills and talents, and not by one employer but by multiple clients. However, the influx of all this work has a downside since...
read more
The Benefit of Accounting Automation with Xero & Salesforce Integration
If you’re wondering whether or not Xero-to-Salesforce integration is possible, the short answer is that it is. But the degree to which these two systems can be linked together is quite astounding when looked at in detail. In this post, we’ll cover the benefits of...
read more
7 Ways to Boost Your Online Business Right Now, Easily
Internet usage spiked during the COVID-19 pandemic. From online shopping to social media, demand for online services has probably never been so high. But competition is fierce. If you already run an online business, you’ll know that the toughest aspect of that...
read more
Do Accountants Offer General Business Advice?
Often, people are surprised when their accountants are a little tight-lipped on the subject of offering “business advice”. The purpose of a business is to make money. And, because accountants deal with the pennies and pounds of a going concern, many people believe...
read more
Why It’s Good To Understand A Good P/E Ratio For Stocks?
When it comes to investing, stocks are among the most desirable investment options. Some people enter the stock market with a long-term vision, while some traders want to make quick money, capitalizing on the fluctuation of the stock price. A long-term investment is a...
read more
Claim Your Share of £20m in Gov Grants to Boost Small Businesses Post-COVID-19
The Minister for Regional Growth and Local Government, Simon Clarke MP, announced on 30 July that the UK government would be providing £20 million in funding to “help businesses across England get back on track”. Small and medium-sized businesses can access grants of...
read more
COVID-19 Gives UK Contractors Breather on Draconian IR35 Reforms
If you’re a contractor for a medium- or large-sized company and have been dreading the upcoming IR35 reforms, scheduled for 6 April 2020, you can take a breather. The reform has been delayed for a year. A brief history of the ever-growing fishing net of...
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Top 10 tips for Contractor’s working inside IR35
Before understanding what exactly one requires to do being inside IR35, it is essential to know what IR35 is. Since it is a relatively new UK legislation, many UK companies find it challenging to understand the whole ruling as well as the key terms associated with it....
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The Importance of Accounting in The Healthcare Industry
The accounting department can be considered the backbone of any institution that has to deal with funds. Consequently, it plays a significant role in the healthcare industry, allowing it to work at its true potential. An accounting department is essential for any...
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How To Successfully Attract New Customers
Managing a business requires you to attract new customers all the time as its always risky to stay dependent on the existing one. There is no formal contract with the customers, and you can lose them anytime, even if they are loyal. So, it becomes essential for...
read more
How to win back lost customers
On the off chance that you know why you have lost customers, it's a lot simpler to win them back. Here are the top reasons why clients may quit working with you: They were charmed away by a contender promising better costs, better administration or some other...
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How to Change from a Sole Trader to a Limited Company
It’s common for many business owners, to begin trading as a sole trader rather than a limited company. Sometimes, working as a sole trader suits the business model of your new start-up. So, being a limited company never really crossed your mind. Generally, for...
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A guide to New Tax Year Changes on 6th April 2019
This new tax year ought to be an interesting one, as it looks likely that it will occur a few days after the UK crashes out of the EU at the end of March, which could have interesting economic effects just before everyone is heading off to do their personal tax...
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Making Tax Digital for VAT
From April 2019, if your taxable turnover exceeds the VAT threshold of £85,000, you need to keep your VAT business records digitally and submit your VAT return via compatible software. Here at Pearl Accountants, we work with many different systems which are great for...
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Used to be with KPMG Small Business Services? Choose Pearl Accountants!
Just a few days ago, The Business Desk reported that KPMG small business is closing down, leaving thousands of former KPMG small business clients with no small business services accountants to turn to. The company’s SBA Service, which launched only 5 years ago, will...
read more Tips To Help Freelancers Manage Their Accounting Better
Freelancers have the opportunity to get contracts and work on them one after the other. This means their income level is dictated by their skills and talents, and not by one employer but by multiple clients. However, the influx of all this work has a downside since...
read more
9 Ways to Find Freelancing Work That Actually Pays Well
We have a lot of clients who are freelancers. For many years, we have specialised in delivering accounting services to freelancers. One of the most common complaints we hear from freelancers is that it’s difficult to find high-paying jobs. Difficult, yes, but not...
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How to Apply for the Self-Employment Income Support Scheme
The Self-Employment Income Support Scheme(SEISS) was officially opened for applications at 8 am on 13 May 2020. The scheme is yet another in a series of schemes released by Chancellor of the Exchequer Rishi Sunak in the last few months to assist businesses and...
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Freelancers: How to Stay Afloat during the COVID-19 Pandemic
It’s hard to tell which sector of business owners are hit the hardest during the multitudinous lockdowns going on in the world right now: Small freelancers, startups, contractors, large businesses? Each sector has its unique challenges and expenses which need to be...
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Freelancing as a second job what tax do I pay?
There are very few people out there who start to freelance full time and quit their regular jobs. In most cases, people take up freelancing as a side job while doing their daily job. Once they develop a firm footing in freelance work, only then they move it to full...
read more How To Successfully Attract New Customers
Managing a business requires you to attract new customers all the time as its always risky to stay dependent on the existing one. There is no formal contract with the customers, and you can lose them anytime, even if they are loyal. So, it becomes essential for...
read more
How To Deal With Painful Customers
Every entrepreneur has to face customers. How they handle the customers depends upon their communication and leadership skills. They might be good at handling all customers, but there are always customers who are just plain right rude and painful to interact...
read more How to win back lost customers
On the off chance that you know why you have lost customers, it's a lot simpler to win them back. Here are the top reasons why clients may quit working with you: They were charmed away by a contender promising better costs, better administration or some other...
read more A guide to New Tax Year Changes on 6th April 2019
This new tax year ought to be an interesting one, as it looks likely that it will occur a few days after the UK crashes out of the EU at the end of March, which could have interesting economic effects just before everyone is heading off to do their personal tax...
read more How to Choose the Best Company for Bookkeeping Services
Bookkeeping is an essential element in every business. However, many SMEs do not consider its importance when starting their projects; they see it as unnecessary. Accounting is a subject that deals with recording, classifying and summarizing the business operations of...
read more 7 Questions Growth-Seeking CEO’s need to Answer
The role of a Chief Executive Officer in an organisation holds paramount importance. A CEO is the chieftain of a business whose leadership and power is the driving factor of the company. Many business owners around the world sitting in top organisations define their...
read more 5 Steps to Cut Business Costs during a Crisis
Business crises come in many forms. Whether you’re experiencing a direct business crisis such as a sudden departure of key staff, or a socioeconomic crisis like the one we went through during early 2020 when COVID ravaged the country, the steps taken to survive that...
read more The Benefit of Accounting Automation with Xero & Salesforce Integration
If you’re wondering whether or not Xero-to-Salesforce integration is possible, the short answer is that it is. But the degree to which these two systems can be linked together is quite astounding when looked at in detail. In this post, we’ll cover the benefits of...
read more 7 Ways to Boost Your Online Business Right Now, Easily
Internet usage spiked during the COVID-19 pandemic. From online shopping to social media, demand for online services has probably never been so high. But competition is fierce. If you already run an online business, you’ll know that the toughest aspect of that...
read more Do Accountants Offer General Business Advice?
Often, people are surprised when their accountants are a little tight-lipped on the subject of offering “business advice”. The purpose of a business is to make money. And, because accountants deal with the pennies and pounds of a going concern, many people believe...
read more Why It’s Good To Understand A Good P/E Ratio For Stocks?
When it comes to investing, stocks are among the most desirable investment options. Some people enter the stock market with a long-term vision, while some traders want to make quick money, capitalizing on the fluctuation of the stock price. A long-term investment is a...
read more Claim Your Share of £20m in Gov Grants to Boost Small Businesses Post-COVID-19
The Minister for Regional Growth and Local Government, Simon Clarke MP, announced on 30 July that the UK government would be providing £20 million in funding to “help businesses across England get back on track”. Small and medium-sized businesses can access grants of...
read more
UK VAT Cuts for Hospitality and Incentives for Restaurants
As part of the government’s plan to enable the UK economy to get back on track, Chancellor of the Exchequer Rishi Sunak has announced two new measures to assist people to go out and “enjoy summer safely“. Reduced VAT on UK hospitality and tourism industries First and...
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“Why Do I Need a Website for My Small Offline Business?”
If you don’t yet have a business website, likely you’ve been hearing about having an online presence for over a decade. Perhaps friends have looked at you askance, wondering how in the world you can operate without a website. Maybe you look at them strangely in return...
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Go Local: 3 Phenomenal UK-Based E-commerce Platforms You Could Be Using
If you’re looking to start an E-commerce business in the UK then no doubt you are feeling the pressure to get things going urgently. Times are tough, and we’re all going to have to foot the bill for it. If the UK economy ever needed your help, it is now. That doesn’t...
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How can a finance director help me?
When you think of a Finance Director (FD), what comes to mind? Calculators, spreadsheets, counting, addition, the list goes on. Perhaps you’ve been advised to seek the help of a part-time or full-time Finance Director. However, do you know what their role is and how...
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Why MoneyPenny is your new business partner!
The 21st century is full of mind-blowing technological advancements. Whether it is asking Alexa to play your favourite song or letting Siri guide you to your destination; artificial intelligence has taken over the world. So, in a world where communication has reached...
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3 Ways To master Healthy Cash Flow Without Breaking A Sweat
Cash flow is one of the leading indicators of the financial status of your business. It is the one that reflects the liquidity of your trade, and its essential utility is to ensure the best possible use of money. One of the biggest challenges of accounting...
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10 Ways to Build A Vibrant Company Culture
A well-defined marketing strategy, massive investments, and excellent products are not the only elements that need to take your business up. Employees are the backbone of your business; if they are not working according to the core values and principles, then what’s...
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The Ultimate Tax And Accounting Tips For A Creative Agency
Very few people like to waste their time writing down records, looking for bills or matching numbers. However, this is necessary if you want a company to strive. The past accounting process for a creative agency determine its success or failure of the present and...
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Sacrifices entrepreneurs need to make
Everyone who steps into the business world brings in their own ideas and dreams. The best part of being an entrepreneur is that everything is under your control. If you follow the right path, invest your time and effort, entrepreneurs can do wonders for there...
read more How To Successfully Attract New Customers
Managing a business requires you to attract new customers all the time as its always risky to stay dependent on the existing one. There is no formal contract with the customers, and you can lose them anytime, even if they are loyal. So, it becomes essential for...
read more
