The law will change for VAT on imported goods from 1 January 2021, but to help businesses postponed accounting will be introduced on the same date. How it works Postponed accounting will be introduced on 1 January 2021. This will mean that a VAT registered business will not pay VAT on imported goods when they […]
Bounce Back Loans
Everything you need to know about BBL’s 9th September 2020 Launched by Chancellor Rishi Sunak back on the 4th May, Bounce Back Loans (BBL) are aimed at smaller businesses who are struggling financially due to COVID-19. These loans are much more favourable than standard commercial or personal loans as they’re 100% government-backed and much easier to obtain. […]
What Does Bookkeeping Software Do, And How Can It Take Your Business To The Next Level?
If you own a business, it’s likely that you’ve heard about bookkeeping software. Not only can it make managing your finances easier and more accurate, but it can also push your organisation to the next level. Here, we explore the software and explain why you need it for your enterprise. What is bookkeeping software? To […]
Home working – considerations for your business, your customers and your employees
In the event that home working becomes necessary, here are some helpful pointers so you are ready – some need preparing now, or you may have questions that need answering, so please read carefully and contact Support if you have any queries. Tools to be used: Clocking software Web app for accessing email Cloud productivity […]
Sage 200 Evolution – Branch Accounting – Module break down
This extrememly useful module for Sage 200 Evolution has proven to be an amazing productivity aid for businesses that have implemented it in their business, so we felt it worthwhile bringing to your attention in this newsletter. Organisations which have legal entities in multiple locations may encounter difficulties in optimising operational efficiencies and control within their […]
Business accounting – anxiety and how to beat it
With the new tax year well under way, here is why the smart money’s on the forward planners: Life as a business owner can be hectic and involve the wearing of many hats – HR expert, accountant, marketer, sales person – the list is endless. So often the dry, intimidating areas of running a business, […]
Kingsley Beverages – a case study
Over the past 10 years, Kingsley Beverages has gained a reputation as a premium soft drinks brand, with strong markets in Africa and the Middle East. In 2016, the group created its European branch, with the establishment of Kingsley Beverage Limited in the UK. As a long-standing client of Pastel South Africa, the Managing Director […]