Stay informed with the latest news and advice from Pearl
When to hire an accountant – Small business guide
Small business or large, hiring an accountant becomes the basic need for most companies at some point along the journey. Let's first see when it would be a good idea for your small business to hire a bookkeeper. To set up a corporate structure ...
read more
Tax Saving Tips for You and Your Business
Anyone who pays tax surely wants to save some of it and reduce it. Good news for all those people as there are several ways to save on tax bills legally. No matter whether you are self-employed, an employee, an investor or a landlord, there are several ways to cut...
read more
Are you tax resident in the UK?
ON 6TH April 2013, the UK government implemented a legal residence test. This test determines the tax status of everyone residing in the UK permanently or for some time. Let’s review the legislation The test was introduced due to the already existing uncertainty...
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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
Sacrifices an entrepreneur needs to make when starting up his/her business
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, you can do wonders for the business and...
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 clients. How they handle the clients depends upon their communication and leadership skills. They might be good at handling all clients, but there are always customers who are just plain right rude and painful to interact or...
read more
When should you have a business partner?
Your business is something you treat like a baby. It came to life because of you and because you looked after it throughout this time. It is a moment of pride for you every time you see it grow and prosper. You get the validation by sharing about its success with...
read more
When Should you get your first employee?
Every entrepreneur who gets exhausted and stressed believes he needs a hand to help him run the business. It is believed that the addition of an employee will cut down the work hours as well as get out time to be spent on other higher-level tasks such as focusing on...
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 win back lost customers
On the off chance that you know why customers leave, 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 advantage.Their...
read more
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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New Tax Year Changes 6th April 2019 – What Should I Be Aware Of?
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
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...
read more
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 accountants to turn to. The company’s SBA Service, which launched only 5 years ago, will soon cease...
read more
How to choose the right Accountant
Top tips to Find an Accountant Choosing an accountant is an important step when growing your business, as choosing a good accountant could be essential for growing your business at a sustainable rate whilst ensuring that you fulfil your tax obligations with HMRC....
read more
Top Tips to Filing Your Self-Assessment
Successfully file your Self-Assessment if you are self-employed or run your own business using these top tips. Check the Tax Year for Filing Check with your accountant to ensure that you know the start and end dates for your self-assessment. This year’s filing covers...
read more
National Insurance for Contractors – Key Tips
Paying National Insurance(NI) is required by both employed and self-employed people above 16 years of age. The amount payable is the same for women and men. By contributing to your NI, you can receive a State pension and Jobseekers Allowance after a set time-period....
read more 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 clients. How they handle the clients depends upon their communication and leadership skills. They might be good at handling all clients, but there are always customers who are just plain right rude and painful to interact or...
read more How to win back lost customers
On the off chance that you know why customers leave, 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 advantage.Their...
read more New Tax Year Changes 6th April 2019 – What Should I Be Aware Of?
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 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...
read more 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 accountants to turn to. The company’s SBA Service, which launched only 5 years ago, will soon cease...
read more How to choose the right Accountant
Top tips to Find an Accountant Choosing an accountant is an important step when growing your business, as choosing a good accountant could be essential for growing your business at a sustainable rate whilst ensuring that you fulfil your tax obligations with HMRC....
read more Top Tips to Filing Your Self-Assessment
Successfully file your Self-Assessment if you are self-employed or run your own business using these top tips. Check the Tax Year for Filing Check with your accountant to ensure that you know the start and end dates for your self-assessment. This year’s filing covers...
read more When to hire an accountant – Small business guide
Small business or large, hiring an accountant becomes the basic need for most companies at some point along the journey. Let's first see when it would be a good idea for your small business to hire a bookkeeper. To set up a corporate structure ...
read more Tax Saving Tips for You and Your Business
Anyone who pays tax surely wants to save some of it and reduce it. Good news for all those people as there are several ways to save on tax bills legally. No matter whether you are self-employed, an employee, an investor or a landlord, there are several ways to cut...
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 clients. How they handle the clients depends upon their communication and leadership skills. They might be good at handling all clients, but there are always customers who are just plain right rude and painful to interact or...
read more When should you have a business partner?
Your business is something you treat like a baby. It came to life because of you and because you looked after it throughout this time. It is a moment of pride for you every time you see it grow and prosper. You get the validation by sharing about its success with...
read more When Should you get your first employee?
Every entrepreneur who gets exhausted and stressed believes he needs a hand to help him run the business. It is believed that the addition of an employee will cut down the work hours as well as get out time to be spent on other higher-level tasks such as focusing on...
read more
Am I spending too much on my business?
Every new business, or sometimes old businesses, are wasting money in one way or the other. The money is being wasted on minor things or sometimes big things. The worst part is that the waste of money can be avoided, but the business owners are often unaware of how...
read more
What to do if Profits are Declining
There are instances in business when profits start to decline. This unfortunate event can occur due to several factors that come into play together or separately. The root of this problem can be figured, and if done so at the right time, it can be turned around. The...
read more How to win back lost customers
On the off chance that you know why customers leave, 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 advantage.Their...
read more Sacrifices an entrepreneur needs to make when starting up his/her business
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, you can do wonders for the business and...
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 clients. How they handle the clients depends upon their communication and leadership skills. They might be good at handling all clients, but there are always customers who are just plain right rude and painful to interact or...
read more When should you have a business partner?
Your business is something you treat like a baby. It came to life because of you and because you looked after it throughout this time. It is a moment of pride for you every time you see it grow and prosper. You get the validation by sharing about its success with...
read more When Should you get your first employee?
Every entrepreneur who gets exhausted and stressed believes he needs a hand to help him run the business. It is believed that the addition of an employee will cut down the work hours as well as get out time to be spent on other higher-level tasks such as focusing on...
read more Am I spending too much on my business?
Every new business, or sometimes old businesses, are wasting money in one way or the other. The money is being wasted on minor things or sometimes big things. The worst part is that the waste of money can be avoided, but the business owners are often unaware of how...
read more
How to get customers from your competitors
If you have stepped in an industry that as ample business for everyone joining the pool, then you are in good luck. However, this is mostly not the case. Many industries are hard to make a name in. Therefore, it becomes really difficult to gain customers, or...
read more
Three tips to reduce your bookkeeping stress
Business leaders are always occupied in making big and small decisions about different areas of work. From deciding on the next five-year plan for a specific business segment to making sure that all the employees in your team are working in cohesion, a business...
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Unexpected costs to keep in mind when starting a new company!
What comes to your mind when you think about starting up a company? Let me reiterate. The costs of research, pre-launch costs, the hurdles you’d likely face, etc. Any well-informed individual will keep all these things in mind with various other factors. Nevertheless,...
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