Understanding Directors’ Responsibilities: A Simple Guide
Blue Spire Accountants
by Blue Spire
6d ago
Being a director of a company is both rewarding and demanding. Whether you’re joining the board of an established firm or starting a new business, the role comes with significant duties and responsibilities. Here’s a straightforward guide to what’s expected from you as a director. Types of Business Entities In the UK, businesses can operate as either unincorporated entities (like sole traders or partnerships) or incorporated bodies (companies). Most companies are limited by shares, meaning shareholders’ liabilities are limited to their share capital. A limited company can be either private or ..read more
Visit website
Client Feature – Robin’s Nest Coffee Shop
Blue Spire Accountants
by Bridget
6d ago
Robin’s Nest is a Chichester-based independent specialty coffee shop dedicated to providing exceptional coffee, homemade cakes, and a welcoming atmosphere. In this Client Feature, we speak to founder Rose Bewick about her journey in the coffee industry, the inspiration behind Robin’s Nest, and her vision for creating a community-focused haven in the heart of Chichester. Tell us a little bit about Robin’s Nest – when it started etc: Robin’s Nest Coffee Shop is a brand new, independent specialty coffee shop in Baffins Court, Chichester. We opened our doors in June of this year. Robin’s Nest is ..read more
Visit website
Securing Business Success for Small Business Owners
Blue Spire Accountants
by Blue Spire
3w ago
Running a successful business can be challenging, with half of all small businesses failing within the first three years. However, understanding common pitfalls and knowing how to navigate them can significantly boost your small business’s chances of success. Here’s a straightforward guide to help your business thrive. 1. Know Your Competitors One major reason small businesses struggle is competition from larger companies. These businesses often have the advantage of lower costs and prices due to their buying power. How to Combat This: Research: Understand who your competitors are and what t ..read more
Visit website
Celebrating our win at the Chichester and Bognor Business Awards!
Blue Spire Accountants
by Blue Spire
1M ago
We are thrilled to announce that Blue Spire has won the Professional Service Award at the prestigious Chichester and Bognor Business Awards presented by Chichester Chamber. This honour recognises our unwavering commitment to delivering exceptional services and expert knowledge to our clients. Winning this award is a testament to the dedication and hard work of our entire team. At Blue Spire, we prioritise providing tailored, reliable advice across a range of services, including Accounting and Taxation, Business Growth, Bookkeeping, Payroll, Not-for-Profit, Auditing, and Outsourced Accountancy ..read more
Visit website
Xerocon 2024
Blue Spire Accountants
by Blue Spire
1M ago
Last week, a few members of the Blue Spire team had the fantastic opportunity to attend XeroCon 2024. It was an inspiring experience, and we are thrilled to share some of the most exciting developments from the event. Among the numerous innovations presented, one that stood out to us is the upcoming release of JAX – Just Ask Xero – Xero’s new business companion. What is JAX? JAX is a revolutionary tool set to transform how users interact with Xero. Unlike the traditional method of logging into the software, JAX allows you to access information and insights from Xero without needing to be tied ..read more
Visit website
What is the Construction Industry Scheme (CIS)?
Blue Spire Accountants
by Blue Spire
2M ago
The Construction Industry Scheme (CIS) sets out special rules for tax and National Insurance (NI) for those working in the construction industry. Businesses in this sector are categorised as ‘contractors’ and ‘subcontractors’ and can be companies, partnerships, or self-employed individuals. HMRC introduced the Construction Industry Scheme (CIS) in 1971, to ensure subcontractors in the construction industry accurately report their earnings. The CIS applies to a wide range of construction work, including alterations, repairs, decorating, and demolition. This scheme requires contractors to colle ..read more
Visit website
Choosing the right Business Structure
Blue Spire Accountants
by Blue Spire
2M ago
Deciding to start your own business is an exciting step forward, but it comes with a number of critical decisions, one of which is choosing the most suitable legal and taxation Business Structure for your new enterprise. The Business Structure you select is a crucial decision that will impact how you are taxed, your legal responsibilities, and your exposure to creditors, among other things. At Blue Spire, we understand that this decision can seem daunting, which is why we aim to simplify the complex choices and help you find the best structure tailored to your personal situation and future as ..read more
Visit website
Blue Spire- Your Trusted Partner for Accountants Chichester
Blue Spire Accountants
by Blue Spire
2M ago
Looking for reliable Accountants Chichester businesses trust? Look no further than Blue Spire. We’re here to make your financial journey easy, clear, and stress-free. Here’s why you should trust us with your accounting needs: Why Choose Blue Spire? Personal Touch: We’re more than just numbers – we’re real people who care about your business. Tailored Advice: One size doesn’t fit all, so we customise our services to fit your unique needs. Local Focus: We know Chichester and understand what local businesses need to thrive. Our Services Accounting & Taxation: From everyday bookkeeping to ..read more
Visit website
Understanding the Importance of Accounting Taxes
Blue Spire Accountants
by Blue Spire
3M ago
In the hustle and bustle of running a business, it’s easy to overlook the critical role that accounting and taxes play in your success. At Blue Spire, we believe in taking the dread out of deadlines and simplifying the complex world of financial obligations. We aim to clarify the complexities of accounting taxes and show how effective management can boost your business’s growth. What Are Accounting Taxes? Accounting taxes are not just about meeting legal requirements; they represent a crucial aspect of financial management that helps you understand the health of your business. These taxes enc ..read more
Visit website
Company Cars: A Guide for Employers and Employees
Blue Spire Accountants
by Blue Spire
3M ago
At Blue Spire, we understand that providing company cars to your employees isn’t just a perk—it’s a strategic decision. That’s why it’s crucial to know how these cars are taxed and the benefits of choosing environmentally friendly vehicles. Here’s a simple breakdown of the key points about the current tax regime for company cars and how making informed choices can lead to significant savings and sustainability. Understanding the Taxation of Company Cars Company cars are taxed based on their list price but are adjusted according to the car’s CO2 emissions. The aim is to incentivise the product ..read more
Visit website

Follow Blue Spire Accountants on FeedSpot

Continue with Google
Continue with Apple
OR