Blog

Welcome to the Nicki Paddy & Co. Blog.

We are regularly asked questions by our clients, the answers to which are often pertinent to other clients and SME’s. So in a bid to make useful information freely available, we seek to answer the most regularly asked questions or provide some ideas about managing the perennial issues faced by SME’s and growing companies.

If there is a subject you would like us to consider, please contact us.

26th October 2015

Chasing the penny – why different systems add up VAT differently

For businesses providing goods or services to people, one of the most important tasks is the calculation of VAT values. This allows you to put a fitting pricing strategy into action or to reclaim the accurate amount of VAT.  A business may choose to use software which provides one of two calculating systems to add […]

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16th October 2015

Stick to what you’re good at!

It’s rare to see a business owner without a fantastic skill set; be it a creative eye, a knack for numbers or the ability to talk pretty much anyone into doing anything. Yet, (no matter how much we try and convince ourselves!) we can’t be good at everything. Keeping accurate financial records is a legal […]

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8th October 2015

Different sectors require different approaches

There is no ‘one size fits all’ answer when responding to the needs of business accounts in different sectors. All businesses often face unique and highly-demanding accounting challenges which are specific to their area of the market. Understanding factors such as cash flow and credit control are essential when identifying what makes a business tick […]

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