20 May 2010
With another Budget around the corner, I wondered how the already hard-pressed practices would get their heads around another set of tax changes (or simplification as any new government would put it).
The basic calculation would be uncertainty + emergency budget = unbilled hours.
This, of course, is not a nice outcome, financially speaking.
So once again I will back up the views of many an experienced practice adviser: bill your clients monthly.
It all ties into providing them a broader service, rather than helping them bash out their tax return from of a shoebox of receipts.
OK, money's tight and the last thing you want to do is push a client over the edge when you're meant to be helping them. But a firm of accountants is not a charity.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
Visitor comments Add your comment
Yeah that tends to get cut when budget time comes around. Or it might make the budget but then is cut the next year when a company is looking for savings.
Posted by: Flooded Basement, 01 Sep 2010 | 04:03