RS Accountants

The 5 most important points in the Autumn statement for small business…

by Russell Smith | Nov 25, 2015 | Business

George Osborne gave his Autumn statement today, a mini-budget, the third this year. You can read about the tax credits and whether or not austerity is over in the national newspapers, here is my assessment of the 5 most important points in the Autumn statement for...

What will George Osborne say to small business in the Autumn statement tomorrow…

by Russell Smith | Nov 24, 2015 | Business

Today is the day where George Osborne will give his Autumn statement. Most of it will not hold any relevance for small business but there is a possibility that he will go after 1 person limited companies (sometimes called personal service companies) especially the...

Russell Smith first book on business to be released early next week

by Russell Smith | Nov 18, 2015 | Business

My first book will be released early next week. The book will be released electronically for Kindle and other devices and then released in paperback after that. The book will be relevant to any locum, contractor, freelancer, self employed, limited company owner, any...

New Russell Smith speaking event – cash rich, profit making, tax saving

by Russell Smith | Nov 13, 2015 | Business

Do you lay awake at night worrying about customers paying you and the lack of cash in your business bank account? Is your business growing but you are not sure if your business is making profits? Are you concerned that you may be paying too much tax? If YES, then come...

Join our Fitbit league – you don’t have to be an accountant

by Russell Smith | Nov 7, 2015 | Business

If you work in an office like me, you’ll know that you spend most of your time on your butt (accountant = sitting in front of a computer) (Having said this, one of our team now has a standing up desk which is weird and cool at the same time!). If you want to get...

Accountants view on the best number – on YouTube now

by Russell Smith | Oct 15, 2015 | Business

In my 2 minute finance basics series on YouTube, I have been focused on talking about the profit and loss account numbers. The 3 main numbers are: Sales (Turnover) Cost of Sales Overheads In this week’s 2 minute finance basics, I will talk about which number is...

Don’t forget paternity pay

by Russell Smith | Oct 12, 2015 | Business

If you own a limited company and are about to have a baby and have both you and your partner as directors of your limited company then you may want to look at maternity pay and paternity pay. Most people just consider maternity pay but it is possible to claim...

How To Work Out Your Self-Employed Daily Rate

by Russell Smith | Sep 23, 2015 | Business, Entrepreneur

Do you run a business and aren’t sure what to charge customers? Our accountants offer advice for small business owners on this exact problem. Everyone has a daily rate, yet many of us just don’t have to think about it. If you are an employee, your workplace will often...

Should you give you shares to your team?

by Russell Smith | Sep 19, 2015 | Business

When a business grows and employees are taken on, the business owner will often get to the stage where they think about securing the loyalty of one or more key employees. Simply put, this can either be done by giving them shares or giving them bonuses. There are quite...

Don’t forget to take up my free tax, profit and accounts reviews….

by Russell Smith | Sep 12, 2015 | Business

Me and Amber have been offering the free tax, profit and accounts review for a number of years now since it is such a good way of helping people, whether they be a brand new business or an existing one, or a locum, freelancer or contractor, to get on top of their...