New options for Cash Basis accounting
A new consultation is looking at ways in which Cash Basis might be extended. Accountant KAREN PORTER helps to explain what may be in store. Many clients speak to me about the Cash Basis scheme and ask about its advantages in relation to Accrual accounting. We’re actually at an interesting turning point, as change seems to be […]
Top 5 Time Savers for Bookkeeping
Are you manually inputting receipts and reconciling bank statements? Don’t waste precious time that could be spent with your kids, catching up with friends or focusing on growing your business. Josh Smithurst from our cloud accounting team understands the value of time, so he’s here to share his five top tips to saving-time when it comes to […]
Understanding Capital Expenditure and Depreciation for Manufacturing Companies
In the dynamic world of manufacturing, staying ahead of the competition requires continuous investment in equipment, infrastructure and technology, writes James Haywood, Partner at Page Kirk. Capital expenditures (CAPEX) play a vital role in the growth innovation and operational efficiency of manufacturing companies. However, it is imperative to have a comprehensive understanding of CAPEX and its […]
Page Kirk Accountants Sponsor Young Go-Karting Enthusiast
At Page Kirk, we are passionate about supporting young people in our local community. That’s why we are thrilled to announce our sponsorship of Noah Wiklo, a talented go-karting enthusiast with a passion for speed and a drive to succeed. Noah, who’s now seven, is an enthusiastic footballer and also loves Maths and PE at […]
Preparing For Your First Audit
Chartered Accountant Tom Johnson explains why you shouldn’t worry unduly if your business has grown to the point, it requires its first audit. The process can, in fact, be very helpful. If you’re a business owner facing your first audit, you may have exceeded two or more of the following criteria for two consecutive years; turnover of […]
Five reasons why you should consider outsourcing your bookkeeping
Are you a business owner doing your own bookkeeping? Joe Virtue from our advisory department dives into the crucial reasons why you, as a business owner, should consider outsourcing the task to an accountant. The latest accounting software is continually advancing, with apps and AI models making bookkeeping more and more user friendly. As a result, it […]
Capital allowances on acquiring buildings (S.198 elections)
Many businesses and legal advisers may be unaware of the elections system for fixtures when applying for tax relief. Chartered Accountant and Chartered Tax Adviser LUKE SHACKLOCK explains more. Capital allowances are the primary mechanism for tax relief on the acquisition of ‘plant and machinery’ for use in a trade, yet it may not be so intuitive […]
Corporation Tax Rise – How Will You Be Affected?
Chartered Accountant Tom Johnson looks at how corporation tax is changing and the way it will affect different sizes of business in different ways. In one of the most notable changes to corporation tax legislation over the last few years, the tax rate has increased from 19% to 25% for larger companies from 1 April 2023. The […]
Seven ways for dental surgeries to minimise tax liability and maximise profit
Are you running a dental surgery? If so, it’s crucial to navigate the complexities of the tax landscape effectively, explains dental accountant KELLYANNE BURCH. By implementing smart tax strategies, you can minimise your liability and maximise your profits, allowing your practice to thrive. In this article, we will delve into seven effective tax-saving strategies tailored specifically […]
Page Kirk supports Stonebridge City Farm
In the spirit of giving back to society, Page Kirk has embarked on a remarkable journey of supporting a different charity each month of 2023. Their seventh charity venture took them to the heart of Nottingham, where Amanda Willis, the coordinator of their charity efforts, embraced Stonebridge City Farm. She shares how Page Kirk supported this urban farm […]