Posts Tagged ‘Accountants advice’
How to control fixed costs
Article by Patrick Sutton, Partner, O’Kelly Sutton, published in The Sunday Business Post 28th January 2018 One of the easiest mistakes any business can make is to let fixed costs creep up over time. Whilst costs are a necessary part of any business, when they get out of control it can have a crippling impact…
Read MoreDisclosure of Salaries – Companies Act 2014
All directors must now disclosure their salaries to the public – how would you feel about your next door neighbour knowing your salary? Well under section 305 of the new Companies Act 2014, which came into effect in 1 June 2015, ALL directors including shadow directors and de-facto directors must now disclose their director’s remuneration…
Read More5 Easy Steps to Move to O’Kelly-Sutton
O’KellySutton are experienced and professional when talking over your business from a previous Accountant. It is a seamless and painless process. Here are the 5 key steps to follow: Arranging to meet with O’KellySutton at a time that suits you. O’KellySutton gets full briefing from you about your business and tax affairs. This is a…
Read MoreAccounting Systems for SME’S
An Article by Patrick Sutton, partner of O’KellySutton in the Sunday Business Post 29th December 2013 Deciding on the right accounting solution for your business can be a stressful exercise. There are lots of software packages available on the market, some cloud based.
Read MoreFreeze part of mortgages offers hope.
The Government recently announed a plan to help struggling home owners to get their mortgages split with half of the amount to be frozen while repaying the other half.
Read MoreTop Ten Tips for SEMs When Dealing with Revenue
Article by Patrick Sutton, Partner, O’KellySutton, The Sunday Business Post, 2nd Sept, 2012. Taxpayer’s compliance record: A compliant taxpayer is significantly less likely to be selected for Revenue audit. Revenue can also assist in obtaining a phased payment plan in the future, should you ever find yourself unable to pay your tax liabilities on time.
Read MoreTop Ten Tips for SME’s dealing with Banks
Article by Patrick Sutton, Partner, O’KellySutton in The Sunday Business Post, 26th August 2012. 1. Bank Application Forms: Get familiar with what banks are looking for at an early stage. Bank requirements vary, depending on the size and nature of the loan. All the banks have application forms on their websites and these will need…
Read MoreThe Business Planning Process
One could argue that the process of business planning is hugely more important than the end plan itself. The activity of business planning is an important management tool that allows an organisation to evaluate the health of its position in the market and industry, and adapt accordingly. We liken the business planning process as being…
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