Latest News

1. Self assessment – a misnomer?

   August 21, 2012 Make no mistake about it, if you’re a business owner or a contractor, you can’t avoid the responsibility of keeping company accounts and filing your self assessment. Like it or not, as soon as you make the choice to work for yourself in any capacity, you have reporting obligations to... ... [Read More]

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2. Business advisors – service standards

   August 2, 2012 Here at Blue Skies, our business advisors have the important task of helping you to enjoy continued growth as a business or contract  worker. In order to help you achieve this, there are some vital qualities and abilities that our advisors need to demonstrate in order to give you the... ... [Read More]

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3. Freelancing in the entertainment industry

   When freelancing in the entertainment industry, not only do you need to know your specialist field like the back of your hand, but you also need to have a good grip on the business side of things too. As a freelancer, you are your own commodity and you need to... ... [Read More]

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4. Taking care of your business accounting

   July 27, 2012 When we work with our clients on business accounting matters, one thing that we often provide as part of our remit is bookkeeping services. If you’re new to business or self-employment, it’s very handy to know exactly what this entails – you can then make a choice as to whether... ... [Read More]

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5. PAYE and Class 1A NICS payment warning for employers

   July 18, 2012 Making payments to meet your PAYE and Class 1A NIC responsibilities as an employer is generally a fairly straightforward affair, but a word of warning has been sent out to employers in light of the next payment date falling on a weekend. Electronic payments fall on the 22nd of the... ... [Read More]

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6. Working in the media

   July 2, 2012 If you’re already working in the media or you’re thinking of embarking on a career in this industry, it’s worth knowing that there’s professional support available to help you increase your chances of making a good living and becoming successful. Although the media industry hasn’t been immune to the recent... ... [Read More]

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7. Buy to let landlords take note – HMRC are watching you

   If you’ve been keeping up with current affairs of a financial nature, you may have seen headlines towards the end of last year and more recently saying something like ‘Taxman Targets Tax Evasion’. For many, this won’t be relevant, but the latest clampdown stands to affect buy to let landlords... ... [Read More]

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8. Accounting solutions – a waste of money or a valuable business asset?

   Many people think that good business acumen means managing as many aspects of your business yourself – after all, this cuts down overheads and keeps you in control, right? While there’s an element of truth in this statement, real business sense stems from weighing up costs versus benefits rather than... ... [Read More]

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9. The right business advice is essential for your success

   May 24, 2012 It doesn’t really matter whether  you’re starting a business, going self-employed or if you’re already trading – business advice is essential if you’re to effectively manage every element of your venture. While our media accountants specialise in a niche industry, the knowledge and insight we’ve gained over our many years’... ... [Read More]

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10. HMRC chase tax on eBay auctions

    May 15, 2012 If you’re one of the many people who make an income from regularly selling goods on eBay or other online auction sites, then be aware that HMRC could soon be looking at you for unpaid tax. A new HMRC campaign was launched in March this year, with the sole purpose... ... [Read More]

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