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Minimum Wage, Statutory Pay and Deduction Thresholds 2022-23

Minimum Wage, Statutory Pay and Deduction Thresholds 2022-23

Minimum Wage Rates  The rates change on 1st April each year and the hourly rate for the minimum wage depends on your age and whether you are an apprentice. You must be at least: school leaving age to get the National Minimum Wage aged 23 to get the National Living...

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Making Tax Digital (MTD) for VAT- 1st April 2022 deadline

Making Tax Digital (MTD) for VAT- 1st April 2022 deadline

There is no hiding from it, MTD for VAT becomes mandatory for all VAT registered businesses from April 2022, even if you are VAT registered but under the £85,00 VAT threshold.  What does this mean for your business?   You will need to sign your business up to...

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Accountant v Bookkeeper

Accountant v Bookkeeper

In the accounting world bookkeepers and accountants are to some extent intertwined as bookkeeping is part of accountancy.  Bookkeeping (keeping books) is the first step of the accounting process; an accountant will complete the process by analysing the information...

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Five signs you need to hire a Bookkeeper

Five signs you need to hire a Bookkeeper

You started your business so you could spend time enjoying the work you do. You probably never factored in the amount of paperwork there would be and how much time it would take you to try and deal with your business accounts. If any of the following resonates with...

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ABOUT SUE

Sue Haynes is the founder of Cactus Bookkeeping and helps business owners
with all aspects of Bookkeeping to save them time so they can concentrate on running their
business. Sue is licensed, regulated and supported by the Institute of Certified Bookkeepers (ICB)