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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.
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...
Coronavirus support – Furlough Grants and Small Business Rates Grants
For those of you that have furloughed your staff, the portal for claiming the grant support from HMRC will be live on Monday (20th) April. We are going to find out then exactly what information and in what format is required. I have cleared my calendar to support our...
Coronavirus and the Help Available (Part 3)
Following the announcement last week regarding the support available for self-employed people, I thought it might be useful to summarise that and also to speak directly about those that are currently without personal financial support – business owners. Self-employed...
The Impact Of COVID-19 On Hospitality Businesses
With the latest news from the government stating the closure of all bars, restaurants and cafes a sense of uncertainty has rippled throughout the hospitality sector. At the start of the COVID-19 outbreak, staff shortages and supply issues were the main concerns for...
Coronavirus and the Help Available : UPDATED information from HMRC
A message from Nabarro Poole's Tyler Lappage The situation is always changing, but I thought it might be helpful to summarise what help is available as things stand. As always, we are available for a one to one chat about any of this. Please feel free to share this...
Budget 2020: All The Business-Related Announcements
It was a tripartite of firsts for the Budget 2020. It was the first one since Britain left the EU, as well as the first delivered by Chancellor Rishi Sunak and under Boris Johnson’s government. We were all anticipating some big changes but what exactly do the...
2020 Vision For The Spring Budget: What We’re Expecting
The UK’s first-ever Budget as a non-EU state will take place on Wednesday 11th March. It’s also the first one since Boris Johnson became our Prime Minister, with new Chancellor Rishi Sunak delivering it. The government initially said the Budget would focus on...
How To Combat The Challenges Of Running A Drinks Business in 2020
It’s not easy being a hospitality business, especially given the challenges that the sector is facing. However, that doesn’t mean it’s not a great industry to be in. It’s just a matter of knowing how to manoeuvre around these hurdles. In this blog, we guide you...
Accounting New Year’s Resolutions: What You Need To Do To Avoid Common Pitfalls
Accounting disasters are not uncommon – and no one is exempt. Even big names such as Ted Baker and Thomas Cook have made headlines due to their problematic accounts. It’s enough to make any small business worry. After all, if those well-established organisations can’t...
Tax Guidance For Hospitality Enterprises
As a start-up business owner, you’ve got a long list of factors to consider including business plans, strategy, funding – not to mention, tax. The likelihood is that you will have to pay it but there are a few different types meaning your business can be affected in a...
What Happens When Accounting Goes Wrong?
As a business owner, you might think that you can manage your finances yourself. But, with a demanding workload and pressing priorities, it can often fall to the end of your to-do list. And, this can impact your business in more than one way. Here, we explore some of...
How The Role of An Accountant Is Transforming With The Times
The days of an accountant’s role being all about numbers or just the tax return are no more. Today, much of this work can be dealt with by technology, and so their responsibilities lie elsewhere. Your finance professional needs to have a much wider skill set to ensure...
The MTD For VAT Return Deadline Has Passed: Which Tax Is Next?
If the introduction of Making Tax Digital (MTD) for VAT in April was mandatory for your business, then you’ll now have submitted the first MTD VAT return. But the digitalisation of tax isn’t going to stop there. Depending on your situation, you may have to file other...
There’s No Escaping The Staff Shortage: How Hospitality Businesses Are Battling It
Brexit will have a huge impact on the hospitality sector. There’s no escaping the possibility of staff shortages – especially considering that there will be an increase in new roles created. Many businesses within the sector are already trying to tackle it. So, we’re...
