Business support served at breakfast event
Tips on how to pay less tax were on the menu when Barringtons staged the latest in a series of breakfast seminars.
The event attracted more than 30 business people drawn from a variety of sectors to the Staffordshire Chambers headquarters where Barringtons’ director Andy Bridge outlined a 10-step tax busting strategy and measures to improve cash flow.
The event also focused on the time-saving benefits of using a Cloud-based accounting system allowing businesses to update their records in real time and store data on a virtual platform accessed from mobile devices.
Cloud accounting manager Rachel Brian updated delegates on the changes companies will need to make ahead of HMRC’s ‘Making Tax Digital’ (MTD) shake-up.
From next April, MTD will require businesses to keep digital tax accounts and update HMRC at least quarterly. For most businesses, she said, this would mean a move away from the desktop and onto Cloud-based accounting software.
The event was staged in conjunction with Barclays Bank whose digital specialists presented on how to beat the cyber criminals and stay safe online.
Andy Bridge said: “Hidden in the tax we pay is money we often don’t have to part with and by staging these roadshows we have a chance to share our expertise.
“Barringtons has worked with businesses in the area for more than 30 years and this is part of our strategy to help them to prosper and create more local jobs and wealth.”
Events have also been staged at the Wychwood Park Hotel, Crewe and Moathouse Hotel, Acton Trussell as well as in Shropshire.
Banking on success
Barringtons teamed up with Barclays Bank to stage its latest seminar focusing on how businesses can improve profitability and efficiency.
We welcomed local business owners to the Market Drayton Centre where a presentation highlighted the time-saving benefits of Cloud-based accounting and the preparations needed to be one step ahead of HMRC’s Making Tax Digital (MTD) changes.
As a Platinum partner with global Cloud software giants Xero and QuickBooks, Barringtons is a specialist in helping businesses switch to digital accounting.
Scores of clients are now using the system to update their records in real time and store data on a virtual platform accessed from mobile devices.
Managing Director Phil Wood said: “By going out and staging these seminars, we hope to encourage local businesses owners to embrace the digital revolution. With it comes increased efficiencies and more financial control. Our message is ‘Now is the time to make the switch’ well ahead of MTD which comes into force next year.”
Shropshire colleagues from Barclay Bank presented information on making payments, borrowing and staying safe online.
The free breakfast event was the latest in a series staged by Barringtons. Themes have also included tax-saving strategies, sustainable growth and how to turn tax legislation into an opportunity to reflect on and measure business success.
More events are in the pipeline for 2018. For further information call Barringtons Business Development Manager Des Machin on 0800 019 1744.
Barringtons take to the airwaves in new business programme
Barringtons Chartered Accountants and The Cat FM, based at South Cheshire College in Crewe, have teamed up to launch a new business show.
The programme is hosted by our Business Development Manager Des Machin whose guests include high-profile people in the local business community.
He said: “The aim is to meet local business owners and find out more about the people behind the brand.
“We hear about what makes them a success in business, what drives them and how they handle any pressures in their industry.
“The station is a true asset to South Cheshire, with over 10,000 weekly listeners, so this will be a great way to spread the word about entrepreneurial talent in the area.”
The show, sponsored by Barringtons, includes light-hearted banter, music and a look at topical business stories.
First guest was Barringtons managing director Phil Wood who spoke about changes in the accountancy industry over the past 40 years and HMRC’s plans to introduce a digital system for keeping tax records.
The Cat director Chris Cadman thanked Barringtons for coming on-board. He said: “We are really excited to be bringing a new business focused show to our line-up thanks to this generous sponsorship and support.
“This is a really important step forward for The Cat in our efforts to get closer to the people and the businesses in the Crewe and Nantwich area."
In 2014 The Cat won a community radio licence from Ofcom to broadcast on FM. Listeners can tune in on 107.9 FM or online.