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I’m trying to get back into the habit of my 5 Bullet Friday (sometimes sent on a Sunday!) emails. The idea is that I share […]

Hey there! I hope you’re doing fantastic and getting ready to embrace the second half of the year. Can you believe we’re already nearing July? […]

It’s a truth universally acknowledged, if you’re a small business owner in the UK, the words ‘small business accountant’ should have a special place in […]

How to Clockwork My Business Rule #1: I am Not an Accountant  I am sitting here in Boston Tea Party (my favourite place in Cheltenham […]

Profit First or People First? Profit First? Ew. A couple of weeks ago, the following email landed in our support inbox: “WOW…PROFITS FIRST? Really? Not […]

Hope you’ve all had an amazing week. Here are my weekly insights/musings. Hopefully, something resonates 🙂 If you want my opinion or thoughts on a […]

Profit First Bank Accounts What is Profit First? If you’re a small business owner, the concept of ‘Profit First’ may seem like an illusion or […]

What is the EOS System? The EOS (Entrepreneurial Operating System) system is a set of tools and processes designed to help business owners and leaders […]

How Discounts and Price Increases Can Impact Your Business’ Bottom Line Are you considering offering a discount or raising your prices? While it may seem […]

As an entrepreneur or business owner, it’s easy to get bogged down in your own thoughts and feel like you’re navigating uncharted waters. That’s why […]

Hope you are all well. Here is another 5 Bullet Friday for you. Hopefully, there will be at least one thing that helps you in […]

What is an Instant Profit Assessment? An Instant Profit First Assessment is a quick checkup of a business’s finances using the Profit First approach. It […]

Hope you are well. Here is another 5 Bullet Friday for you. Hopefully there will be at least one thing that helps you in some […]

Hey, fellow business owners! Have you ever heard of a business scorecard? It’s a pretty neat tool that can help you stay on top of […]

Speaker 0 00:00:01 Hi guys. This is Steve and Edwards, the director of Gro Profit First Accountants (Formerly Cheltenham Tax Accountants). So today I’m gonna […]

An online tax account is an online service provided by HM Revenue and Customs (HMRC) in the UK that allows individuals and businesses to manage […]

‍ What Are KPI’s (Key Performance Indicators)? KPI’s are metrics used to measure the success of a business process or strategy. A KPI can be […]

There are so many online bookkeeping systems to choose from in 2022, how do you know which one is for you? Whatever you choose, make […]

One Page Strategic Business Plan I promised myself I would reach out to our client base more often to add value where I can. This […]

What it Profit First In this video, Stephen Edwards, Director of We Are Gro Accountants (Formerly Cheltenham Tax Accountants) provides you with an overview of […]

What to pay a director in 2022/23? In this video, we discuss what to pay yourself as a limited company director for 2022/23? We will […]

How much does an accountant cost? (Updated 2025) How much does an accountant in the UK cost for small business owners and individuals? This is […]

Learning Business from Narcos & Pablo Escobar I absolutely love Narcos. From watching the latest Narcos Mexico series I kept thinking that there is a […]

There’s an unspoken truth when it comes to tax advice: for business owners, there’s a complete lack of transparency from advisors over what tax advice […]

What are Management Accounts? Why you may need management accounts in your business.

In this podcast we break down what a cashflow forecast is in nice plain English.

How to Pay Yourself a Directors Salary in 2021/2022 NI thresholds for salary 2021/22 Let’s first look at the 3 the NI thresholds to understand […]

Reverse charge VAT Are you prepared for the VAT domestic reverse charge? The VAT domestic reverse charge procedure is a new way of accounting for […]

Do you pay taxes on Bitcoin profit in the UK? Stephen Edwards Stephen Edwards is a Chartered Certified Accountant and Director of Cheltenham Tax Accountants […]

The business growth club to improve and grow your business In this very first session of the business growth have we cover what training content […]

Time matrix using urgency versus importance In this video I explain how you can plan which tasks and projects to prioritise at the start of […]

What this article is about Business Continuity Plan? In this article we will look at what this means and how are you can maximise your […]

What this article is about In this article we will look at what the identity iceberg is and how you can relate it to your […]

Should I register for VAT? Do I need to register for VAT? When you start a small business one of the major milestones is registering […]

What is a Bookkeeper? What is a bookkeeper and do I need one? This is a very common question that we get asked by a […]

How to get a bigger tax refund/rebate How to increase your tax refund? One of the the most common things we hear from some clients […]

How To Do Your Own Bookkeeping For a Small Business How to do your own ‘bookkeeping’ or bookwork? Stephen Edwards is the founder and director […]

Introduction A Director’s Loan Account (DLA) is an essential financial tool for limited company directors. It records transactions between the director and the company, including […]

Small Business Tips Please find our 5 most powerful small business tax tips below. They are not in any particular order but are all potentially […]

HOW TO AVOID VAT / Can I split my business for VAT? / Pub Tax Tips – True and False This is part of our […]

Supporting your family and team through the lockdown Many of our clients have been busy ‘firefighting’ and haven’t had a chance to document a clear […]

HMRC last tonight published a step by step guide to help businesses make their claims under the Job Retention Scheme (“JRS”) aka furlough scheme.  HMRC […]

We have put together a summary of various grants etc that are available currently in case any are relevant for you during the Covid-19 pandemic […]

CBILS CHANGES As expected, The Chancellor made an announcement to “tweak” the CBILS, following representations made by business and representative bodies, such as the Federation […]

Furlough Letter Template THIS IS LETTER IS AN EXAMPLE AND SHOULD BE USED AS GUIDE, EMPLOYMENT LAW ADVICE SHOULD BE SOUGHT ON SELECTING EMPLOYEES AND […]

Covd-19 update from weekend (updated 30.3.20) Job Retention Scheme Both the CBI and the ICAEW have held conversations with senior HMRC executives, following the guidance […]

Funding for small business As I write this article, the world is going through Covid-19. If you are lucky enough to be a small business […]

Cheap accounting? Considering cheap accounts / accounting services? There are many purely online accountants that promise to offer cheap accounting services. We have covered pricing […]

Accountants for Self-employed As accountants for self-employed businesses, we specialise in saving you and your business tax. Do I need an accountant if I am […]

What is a Tax Accountant? Tax accountant or just an accountant? There can be some confusion when it comes to what ac accountant does and […]

How to pay your corporation tax? How to pay corporation tax? Corporation tax is due on the profit you make in your limited company. It […]

What is a close company? A Close Company is often known as a family type business or a very small limited company. It generally described […]

Online VAT calculator UK / VAT backwards / VAT formula / Remove VAT calculator Welcome to our online vat-calculator. This is designed to make the […]

Online Tax Accountant Services We offer expert online tax accounting services through our proven tax-saving systems. All UK residents are subject to the tax rules […]

What is a sole trader / self-employed person? If you are starting a business for the first time then you may have conducted your own […]

What are the accountancy fees for a limited company?

We are Xero Accountants We love Xero, hence the title Xero Accountants! Ok so we are also fans of Quickbooks Online and have clients using […]

You are underpaying yourself. If this resonates with you, read on. Your staff are getting paid. Your suppliers are getting paid. HMRC is definitely getting […]