2 July 2018

The True Value of Networking




There are all kinds of groups dedicated to networking. Some are highly structured with performance requirements, exclusive membership, and the payment of dues. Others are free form, come as you please and no charge. Not every group is right for every kind of business. You will find that some groups may simply not have connections […]

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18 June 2018

Tax tips for new business owners




Want to avoid paying more than you should come tax time? Or a frantic last minute search for missing financial records? New business owners have a lot on their plate, and can easily lose track of an approaching tax deadline or financial data needed to submit their return. Organization is key when preparing for tax […]

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1 May 2018

Woods Squared Approved To Join Exclusive List of Top UK Accountants




Here at Woods Squared we know that our entire team is dedicated to providing our clients with the very highest levels of service, that we are committed to helping our client’s businesses grow and improve, whilst also making their lives easier – and now our ethos has been recognised by Handpicked Accountants, an exclusive directory […]

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27 April 2018

HOW ACCOUNTING SOFTWARE CAN INCREASE PROFITS




Most small business owners who use accounting software quickly master the basics. They automate processes like invoicing and payroll, track expenses and view real time financial reports to manage cash flow and make better business decisions. But what many business owners don’t take advantage of are key insights that can improve customer care and increase […]

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15 April 2018

GDPR AND YOUR BUSINESS




European data protection laws are changing and come into force 25 May 2018. These new laws will affect all businesses in the UK and the current Data Protection Act (DPA) will be updated to reflect the GDPR obligations. The GDPR is a framework with greater scope, much tougher punishments and judicial remedy for those who […]

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6 April 2018

AUTOENROLMENT CONTRIBUTION REQUIREMENTS




From today (6 April 2018) employers are required to increase the value of the minimum contribution to their employee’s automatic enrolment pension to at least 2%. A further increase to 3% will come into place on 6 April 2019. Employee contributions will also increase to 3% in April 2018, then to 5% in 2019. This […]

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26 March 2018

HOW TO TURN YOUR HOBBY INTO A BUSINESS




Thinking about turning your passion into a paying gig? These steps will help you avoid some common mistakes as you set out to earn an income from your favorite pastime. Do you have what it takes? Unless you’ve run a business before, it’s easy to get carried away with the idea of how perfect it […]

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15 March 2018

NATIONAL MINIMUM WAGE RATES 2018




Changes are coming to the National Minimum Wage in all brackets with minimum wage rates rising by at least 30p per hour for all brackets over the age of 18. The current National Minimum Wage will still apply until the 31st March 2018 and the change will come into force on the 1st April 2018. The movement […]

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