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Direct access to Barristers

Many small business owners are not aware that the law changed in 2004 to allow them direct access to a Barrister.

5 ways to cut costs

At Sackmans we prefer to focus on increasing the profit by increasing the top line. But, cutting costs will increase the bottom line so here are five ways to cut costs.

Xero update

As Xero approaches 600,000 users worldwide, here are some notes on recent developments at Xero to help you improve your business results in 2016

Taxing the sharing economy

The sharing economy began to appear in the early 2000s as people looked for extra cash driven by the impact of the recession.

Make or break?

Xero have released the “Make or Break” report on what makes the difference between entrepreneurs who succeed a fail.

Quarterly reporting for the self employed

The Chancellors recent announcement revealed a little more about the new Digital Tax Account. It looks as if the self-employed will need to report their figures and pay tax quarterly.

Spend today culture

Research of 5,000 adults by the Money Advice Service discovered a “spend today” culture in the UK and a lack of financial skills.

A better 2016

As we approach the end of the year, it’s time to reflect and plan for the next year. One way of doing this is to create a budget.

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