Chartered Certified Accountants

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There are many situations where a quick reminder is all that is needed.  This is the space for those gentle nudges!

By timfarley, Sep 2 2016 08:05AM

Accountancy is not like plumbing or car repairs - it is not a service that you know you need. You do not wake up one morning and decide, today I will appoint an accountant! I hear from friends and associates that 'My business is too small to need your services!' or if you are a higher rate taxpayer you assume that the payroll will sort out my tax for me.

Whilst both these statements are correct, if you are self-employed, do you have the January stress of arranging all your records, collating all the income and expenses, registering for HMRC, input the figures onto their form, then allowing a tax calculation with no explanation.

Do you know all the costs that you can claim? Are you happy doing your calculation of income and expenses? Do you understand the HMRC forms?

If you are liable to higher rates of tax, are you claiming for work related expenses? Is your bonus taking you temporarily into higher rates? This can have a bearing on more than one tax year.

You won't know what it costs or what potential saving you could make without having a discussion with me. For the monthly price of accounting software, you could have all this done for you - together with ongoing advice and explanations.

By timfarley, Dec 22 2014 02:20PM

I would like to Thank all my clients for their continued support and business over the past 12 months. Whilst some areas of the high street are struggling, I believe we are finally seeing some green shoots. I would like to wish all my clients a Happy and restful Holiday break, and look forward to helping them drive their business forward over the coming months.

Have a great break.

Kind regards

Tim (aka Goffey)

By timfarley, Sep 19 2014 03:17PM

This is a reminder that if you have a new source of income - for instance letting your home or a souce of self-employment - you need to fill in a tax return. There are deadlines for not advising HMRC in time.

If this applies to you, and you require some assistance registering and also ongoing accountancy and tax advice, we would be delighted to talk to you.

There is no charge, nor obligation for an initial discussion.

By timfarley, Jul 30 2014 10:22AM

Summer is traditionally a time when we all relax, on the beach, at a barbeque, with family, friends or loved ones. What is really important in life? What are the dreams? How can these dreams become reality?

You may want a bigger house, less debt, better holiday. All of these are totally possible, but the first stage must always be a plan. What will it cost? Over what time period? What is affordable? There is no point thinking about dreams without putting some planning into action....It will never happen unless you make it.

Failure is simply the opportunity to begin again. This time more intelligently!

By timfarley, Apr 4 2014 08:43AM

It is now 2 years since I commenced 'self-employment' and Goffey was born! Even though I had advised many clients in setting up a business, I was surprised how little I knew about the day-to-day matters and how much time this would take.

I'm sure every business owner has been through this transition, and the shock at the end of the month when you do not receive a payslip through the post and your bank account is not suddenly credited.

Designing business cards, what 'weight' of letterhead to buy, how long does it take to get a working phone line? You do not realise when you are 'at work' and there is a working phone on your desk and a full stationery cupboard that it is down to you to provide that. Finding a host for your website, what exactly is a POP box? and how many do I need? As well as attracting clients and actually doing the work.

I sincerely hope that your experiences of setting up and getting to your second birthday has given you the feeling of success that Goffey has given me. Obviously, I could not have succeeded without the support of my clients, friends and of course Lisa, my wife.

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