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Blog Virtual Focus Accountants

Profit Growth Tip – Understand your Cost of Sales

Do you know how much it costs you to produce each product or service in your range? The better you ...
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Blog Virtual Focus Accountants

The Recovery Loan Scheme has been extended – are you eligible?

With most of the Government’s Covid financial support schemes now closed, the Recovery Loan Scheme (RLS) has been a last route to ...
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Blog Virtual Focus Accountants

2021 Budget Update

As a business community, we’ve endured 18 months of unprecedented challenges to get through the ongoing pandemic. And when you ...
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Blog Virtual Focus Accountants

VAT for Small Businesses Explained

Value-add tax (VAT) is a consumption tax that's levied on goods that have had value added at each stage of ...
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/ Tax
Blog Virtual Focus Accountants

How it works: Income tax for directors

When you’re a company director, it’s important to understand the distinction between paying tax on your company profits and tax ...
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/ Tax
Blog Virtual Focus Accountants

Accounting for Creatives

The life of a creative business owner is a tough balancing act, whether you’re running a fast-moving digital creative business, ...
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Blog Virtual Focus Accountants

The Importance of Cashflow Management

We have all heard the phrase ‘Cash is King’ which is commonly used to describe the importance of cash over ...
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Blog Virtual Focus Accountants

Why Process Improvements are key for success

For small businesses, it’s really easy to neglect the importance of the series of steps taken in order to achieve ...
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Blog Virtual Focus Accountants

Businesses Adapting to COVID-19

As the news of the virus made its way to Europe back in January 2020, few could have imagined the ...
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Blog Virtual Focus Accountants

Accountants: The Small Business’s New Best Friend

Some will think of accountants as the tax specialist that will take all business transactions and transform them into the ...
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/ General