News

Time to Switch?

Dated: 26th October 2021

Written by Helen Tomlinson

More and more people are purchasing electric vehicles in the UK.
At the end of April 2021, there were more than 245,000 pure electric cars and 515,000 plug-in and hybrid models registered in the UK.

Also posted in Taxation Tagged charging points, CO2 emissions, electric, electric car, government grants, tax |

How To Get Paid Quicker

Dated: 23rd August 2021

Written By Helen Tomlinson

In response to a few client queries about sending invoices and using online payment systems like Go Cardless.
Simas explore potential solutions to your invoicing quandaries, and how to get paid quicker by using software within Xero.

Also posted in Xero Tagged automated, invoice, invoicing, paid, payments, Xero |

Apprenticeships – Are They Worth It?

Dated: 2nd August 2021

Written by Tomas Martin

They require time, investment and dedication . Can you afford these things? Can you afford not to? The benefits of having an apprentice are quickly outweighing the drawbacks.

Also posted in Accountancy Tagged apprentice, apprenticeship, apprenticeships, college, mold, role model, shape, training |

£500 Every 3 Months Tax Free Childcare

Dated: 29th June 2021

Written by Helen Tomlinson

You could get up to £500 every 3 months for each child.
HMRC is now reminding working families they can use Tax-Free Childcare to help pay for childcare over the summer.

Also posted in Taxation Tagged activities, child minder, childcare, government, Government help, holiday clubs, summer holidays, tax free |

How Cash Flow Software Has Proved So Vital.

Dated: 17th May 2021

Why Bother with Cash Flows? Cash flow is the money that is flowing in and out of your business, and […]

Also posted in Accountancy Tagged bank, cash flow, debtors, money, profit, Xero |

IR35 Tax Changes

Dated: 20th April 2021

IR35 was introduced by HMRC in 1999 to make sure everyone is paying the correct amount of tax. The key […]

Also posted in Accountancy, Income Tax, Taxation Tagged disguised employee, employee, Employment, employment status, inland revenue, IR35, national insurance, NI, tax, umbrella company |

Domestic Reverse Charge For VAT

Dated: 22nd March 2021

The Domestic Reverse Charge (DRC) is a new way of accounting for VAT for builders and others caught under the […]

Also posted in Accountancy, Cloud software, QuickBooks Online, Taxation, Xero Tagged builders, construction, contractor, domestic reverse charge, DRC, end user, Quickbooks Online, tax, taxation, VAT, Xero |

Goals For 2021

Dated: 18th January 2021

Setting goals for 2021, a year that seems so uncertain may, at first glance seem futile. In a sense all […]

Also posted in Accountancy, BreatheHR Tagged goal setting, goals, new year, resolution |

Is Your Business Ready For Brexit?

Dated: 7th December 2020

Many businesses need to make sure they are ready for Brexit on January 1st .
Changes are happening with regards to importing and exporting with potential disruptions to supply chains.
Some fear the biggest backlog will be due to new paperwork/untested IT systems.

Also posted in Accountancy, Financing, Foreign Exchange Tagged brexit, business, customers, EU, exporting, financial planning, importing, supply chains, tariffs |

Business Bounce Back Loan Scheme Extended!

Dated: 12th November 2020

With announcements being made about top up payments and bounce back loan extensions, it can all start to feel like a bit of a minefield.
Simas will help you and your team to navigate through this minefield and outline what has been laid out.

Also posted in Accountancy, Financing Tagged bounce back loan, business, Coronavirus, covid, Covid 19, loan, lockdown |