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We are a small, owner managed accountancy practice,
who believe in helping our clients all year round.
The
Latest News
We are a small, owner managed accountancy practice,
who believe in helping our clients all year round.
Accounting Lessons To Take From 2020
It goes without saying that the last 12 months have been challenging for businesses – and it may be like this for quite some time. But that doesn’t mean there aren’t any positives to take from what has been a difficult year. Many of the challenges you have faced can...
Post-Brexit Accounting Requirements: What To Expect In 2021
The transition period following Brexit is coming to an end, which means it’s now time to understand your responsibilities as a business. If your company or parent company is incorporated in the UK, it’s crucial that you comply with the new reporting and accounting...
Accounting And Tax Advice For Digital + Creative Agencies – Part 1
Every successful agency has one thing in common: they have a clear and accurate view of their finances. Equipped with this data, they know what’s working, what isn’t, and what steps to take next. It’s not just about keeping on top of the numbers though. Here, we’ve...
Furlough Scheme Extension: How To Claim This Extended Support
The furlough scheme has been extended until March 2021. But with new announcements and support being released so often, it can be difficult to keep up - especially if you’re a business owner in the UK. With that in mind, we explore exactly what the extension means,...
4 Tips To Keep Business Expenses To A Minimum
Within the first few years of opening their doors, a large percentage of businesses fail. While there are several reasons that contribute to this, failure generally has to do with cash flow problems. With this in mind, it’s important to understand the difference...
How Your Business Can Take Action Amongst Uncertainty
What are your business goals for the next quarter? Perhaps recent world events have meant you’re taking each day as it comes. Or maybe, you have a strategy for every situation. Either way, if you want your business to have any chance of success, you need to ensure...
Why There Will Always Be A Place For Accountants
As global working practices were shaken up and businesses were forced to adopt a remote approach, many turned their attention to online software to boost efficiency. One such task being shifted online included accounting. Even before the pandemic struck,...
Why Real-Time Accounting Has Never Been More Important
The UK’s economy has officially been the worst hit by the coronavirus pandemic out of any other major European nation. In the second quarter of 2020, our output shrank by 20%, sending us into the deepest recession on record – and there are plenty more challenges...
Making Tax Digital Is Back: What The Changes Mean For You
With so many factors affecting the economy, public health and politics, it’s understandable why Making Tax Digital (MTD) has fallen out of the news recently. But it isn’t off the table. In fact, some new announcements concerning MTD have been made, revealing more of...
Why You Should Sort Your Self-Assessment Now
Despite their doors now open again, many businesses are still unfortunately experiencing downtime. But this extra time doesn’t have to be a bad thing. In fact, it could be a great opportunity for the long-term success of your company. There’s never been a better time...
Hope For Hospitality: 4 Key Announcements From The Summer Statement
One of the industries hit hardest by the pandemic has undoubtedly been the hospitality sector. However, the government recognises how core it is to our economy and is doing everything it can to help. In the Summer Statement made on 8th July 2020, Chancellor Rishi...
The New COVID-19 Age: Accounting Aspects To Be Aware Of
We’re now living in the age of COVID-19. Whilst a number of months have passed since the pandemic was declared, it’s still a great time of uncertainty – not least for business owners. Ensuring your finances remain on track should be an absolute priority. From the...
The Future Of UK Hospitality In A Social Distancing World
Businesses are now taking steps towards normality - and in the hospitality sector, many are looking at ways they can reopen and provide a service that is safe. With social distancing measures set to stay, in one way or another, enterprises now have no choice but to...
Has Your Accountant Passed The Litmus Test?
In all my years of being an accountant, the last few months have been the busiest. Both current and prospective clients have sought our help during this pandemic. Here at Nabarro Poole, we haven’t been selling our services as we usually would. Instead, we’ve focussed...
Post-Lockdown: What You Can Do Now To Prepare For The Future
The temporary closure of hospitality businesses has certainly had an impact on the industry. But the lockdown cannot go on forever. And when it’s possible for people to be out and about again, they’re going to visit the places that provide that all-important sense of...
What Is Your Business Worth? A Guide To Valuation
At some point in your business’ lifetime, it will need a valuation. Selling up isn’t the only reason to do so. Hopefully, investment and growth will be expected in the future, and you can’t secure finance or know which areas to expand without having a firm grasp of...
Tax Changes For 2020/21: How You Can Be More Tax-Efficient
A new tax year has begun – though the current global pandemic has meant the landscape for tax changes isn’t what they usually are. In short, some have gone ahead and others have been adjusted slightly. Here, we explore the tax changes for this tax year and highlight...
Process For Furlough Grants
As mentioned, the portal for claiming grants for your furloughed employees is up and running now. We have completed some for our clients and some of our clients have completed this themselves and the feedback is that the portal is easy to navigate and straight forward...
