08
Feb

The key reasons all hospitality businesses should outsource payroll

Payroll feature image by Virgate Accounts a complete plug-in Accounts Department for the retail, hotel, pub and restaurant sector.

The key reasons all hospitality businesses should outsource payroll Payroll is one of the key considerations…

25
May

Retail/Hospitality Payroll: To Outsource or Not?

Outsource image Virgate Accounts a complete plug-in Accounts Department for the retail, hotel, pub and restaurant sector.

Payroll is perhaps the trickiest part of maintaining the finances of a business. It is essential to get absolutely right, but that also requires a number of factors to be considered before it is completed….

23
Jan

3 Steps to Solving your VAT Payment Headache

Frustrated man image by Virgate Accounts a complete plug-in Accounts Department for the retail, hotel, pub and restaurant sector.

Discover how you can make the VAT payment process simple and stress-free. Follow these three steps to take the pain out of VAT payments and remove hassle.

29
Aug

Retail Accounting Software – Your Business Lifeline

Image of card payment by Virgate Accounts a complete plug-in Accounts Department for the retail, hotel, pub and restaurant sector.

Accounting software isn’t just for accounts. Today’s accounting software can be connected to lots of other apps which give you potentially hundreds of joined-up tools to help you manage your retail business. Discover the key points to consider when deciding which accounting software is right for you.

23
Jun

A Necessary Evil For All Business Owners?

Financial management advice by Virgate Accounts a complete plug-in Accounts Department for the retail, hotel, pub and restaurant sector.

Whilst financial management is at the heart of a business’s success, many business owners make errors that can cost them significantly. To help prevent you from making the same mistake, this month I share 7 of the most common errors that you want to avoid.

29
May

The Key Numbers To Look At In Your Business

Understanding your business - advice by Virgate Accounts a complete plug-in Accounts Department for the retail, hotel, pub and restaurant sector.

As a small business owner, plotting the way forward can often seem like a maze of numbers. The seemingly endless maths exercises needed to manage the financial side of things effectively can take time, but they are essential to long-term development. Discover and understand the numbers that run your business.

01
Mar

Why The VAT Flat Rate Scheme Is No Longer Beneficial For Many SMEs

VAT services provided by Virgate Accounts a complete plug-in Accounts Department for the retail, hotel, pub and restaurant sector.

From 1st April 2017, the UK government has announced it will be removing the Flat Rate VAT Scheme (FRS) that was introduced in 2002 to simplify the VAT calculations and payments of the smallest firms.

01
Jan

What is the most tax efficient method to take cash out of a business?

It’s a question that’s very often on the lips of our clients and it’s certainly a very fair question too. After all, none of us want to pay too much tax if we can avoid it. Knowing how to extract cash from your business in the most tax-efficient way possible is key for any sole trader or limited company.