Take a Look

at the Latest Financing Information and News in Coleford, Gloucestershire & the UK

News and Useful Information

  • 19/10/2020 - Beki Wallace AATQB MIAB 0 Comments
    THIRD FREE WORKSHOP IN OCTOBER

    👀 Tomorrow is our third FREE workshop! 

    Read More
  • 14/10/2020 - Beki Wallace AATQB MIAB 0 Comments
    UTILITY SAVINGS

    Utility Saving is another area in which I am able to provide help for.

    Read More
  • 13/10/2020 - Beki Wallace AATQB MIAB 0 Comments
    PETTY CASH

    What is petty cash, is it just cash?
    It is cash funds held at the business premises.

    Read More
  • 12/10/2020 - Beki Wallace AATQB MIAB 0 Comments
    SECOND FREE WORKSHOP

    Tomorrow is our second FREE workshop of the month

    Read More
  • 09/10/2020 - Beki Wallace AATQB MIAB 0 Comments
    FREE INTEGRATION OF CALENDLY AND ZOOM

    For those who use Calendly and Zoom for your business, there is some great newS.

    Read More
  • 09/10/2020 - Beki Wallace AATQB MIAB 0 Comments
    ATTENTION!

    !!!ATTENTION ALL BUSINESS OWNERS!!!

    Read More
  • 08/10/2020 - Beki Wallace AATQB MIAB 0 Comments
    PAYE

    The term is abbreviated from Pay As You Earn.

    Read More
  • 07/10/2020 - Beki Wallace AATQB MIAB 0 Comments
    OUR SERVICES ON TAX RETURNS AND VAT

    We at Wallace Accountancy & Bookkeeping aim to make you aware and understand the basics of your tax and VAT,

    with expert advice on tax returns and reclaimable VAT.

    Read More
  • 06/10/2020 - Beki Wallace AATQB MIAB 0 Comments
    MY FREE E-BOOK

    My FREE e-book is still available.

    Read More
  • 05/10/2020 - Beki Wallace AATQB MIAB 0 Comments
    WORKSHOP ON 6TH OF OCTOBER

    Tomorrow is our first FREE workshop of the month

    Read More
  • 02/10/2020 - Beki Wallace AATQB MIAB 0 Comments
    PAYABLES

    Payables

    Formally known as accounts payables.

    Read More
  • 01/10/2020 - Beki Wallace AATQB MIAB 0 Comments
    UPDATES ON GREEN HOMES GRANT

    There are some further updates on the Green Homes Grant.

    Read More
  • 30/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    HAVE YOU SIGNED UP TO MY EMAIL NEWSLETTERS?

    Have you signed up to my email newsletters?

    Read More
  • 28/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    DEADLINE IS SOON - REGISTER YOURSELF AS A SELF EMPLOYED

    Don’t forget to register yourself as self employed.

    Read More
  • 25/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    XERO - STAY CONNECTED WITH YOUR BUSINESS

    Stay connected to your business.

    Read More
  • 24/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    OWNERS ACCOUNTS

    In accounting there are a few terms and accounts used that refer to movements of assets by the owner.

    Assets, usually in the form of cash or goods are given to or taken from the business.

    Read More
  • 23/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    SAVINGS ON UTILITIES

     Is your energy supply contract approaching renewal? 

    Fancy saving money but don’t know how to go about it?

    Read More
  • 22/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    WEBINARS IN OCTOBER

    October is fast approaching, which means that I will be holding Webinar events every Tuesday throughout the month.

    Read More
  • 21/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    FIRST VOICE'S SPECIAL DISCOUNTED MEMBERSHIP WITH FOREST OF DEAN COUNCIL

    The FSB is delighted to have secured a special discounted membership scheme with the Forest of Dean Council –

    the first such council membership deal in the South West.

    Read More
  • 17/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    OVERHEADS

     What are overheads?

    Overheads are expenses that are not directly related to making a product or providing a service.
    Read More
  • 16/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    WORKSHOP FEEDBACK

    Being part of a team and having the opportunity to be part of the recent Webinars and Workshops 

    alongside some amazing business women has been truly wonderful!

    Read More
  • 15/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    IMPORTANT INFORMATION FOR TAX CREDIT CLAIMANTS

    Some very useful information regarding returning to work after being furloughed.

    Read More
  • 14/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    NET

    The word ‘net’ is often seen in front of another word.It indicates that the total of two or more amounts have been combined.

    Read More
  • 11/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    FEEDBACK FROM A CLIENT

    Helping people to navigate their way through bookkeeping is rewarding in itself and

    to receive such positive feedback is the cherry on top!

    Read More
  • 10/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    SEISS GRANT UPDATES

    Self-Employed workers have the chance to claim a final taxable SEISS grant.

    🤔 Are you eligible?

    Read More
  • 09/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    WHY NOT SAVING ON UTILITIES?

    Everybody loves saving money don't they?

    Read More
  • 08/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    MONEY

    Money

    Often people think of money as cash in the form of coins and notes.

    Read More
  • 07/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    BOOKKEEPING TERMS A-Z

    I am super excited to be able to offer you all the chance to get your hands on my new eBook.

    Read More
  • 04/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    LOSS

    Loss is the term used when business income is less than business expenses.

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  • 03/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    FEEDBACK ON WORKSHOP

    I have received some really lovely, positive feedback from the recent series of Bookkeeping Tip Workshops. 

    Thank you! 

     I will be hosting another series throughout October. 

    Read More
  • 02/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    BOOK A CONSULTATION!

    Arrange your free discovery call today. 

    Ask questions and gain answers and find out how to get the support you need. - 

    CONTANT PAGE: https://www.wallaceaccountancy.co.uk/contact

    Read More
  • 01/09/2020 - Beki Wallace AATQB MIAB 0 Comments
    USEFUL INFORMATION FOR ALL PARENTS WHOSE KIDS MAY BE RETURNING TO SCHOOL SOON

    Some useful information for all parents whose kids may be returning to school over the coming weeks - Good luck!!

    Read More
  • 31/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    LIABILITIES

    Liabilities are legal financial debts or commitments that occur during the course of business operations.

    Read More
  • 27/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    JOURNAL ENTRY

    Journal Entry

    A journal entry is the recording of a business transaction in the accounting records.

    Read More
  • 26/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    THANK YOU FOR THE RECOMMENDATION

    These kind words have made my day!

    It's always lovely to be appreciated and knowing that I've helped lessened the anxieties that bookkeeping can cause is amazing! 

    If you need help with your businesses bookkeeping please get in touch either here on Facebook or via my website.

    Read More
  • 25/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    INVOICES

    Firstly it is important to remember that invoices are both sent out and received.

    Read More
  • 24/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    NEWS FOR FAMILIES THAT BENEFIT FROM GOVERNMENT-FUNDED CHILDCARE SUPPORT

    Some good news for families that benefit from government-funded childcare support.

    Read More
  • 20/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    INTEREST


    Charges that are applied to money borrowed is referred to as Interest.

    Read More
  • 19/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    FINDING BALANCE AT HOME: TIP NR.5

    MULTITASK

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  • 19/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    FEEDBACK TIME

    Thank you to you too!

    It’s easy to become confused and stressed over things that you don’t understand.

    One of the best parts of my job is being able to explain and show you how to tackle the trickier aspects of bookkeeping!

    Read More
  • 18/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    INCOME

    Income: As with many words, the term ‘Income’ carries a couple of meanings.

    Read More
  • 17/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    FREE WEBINARS ON BOOKKEEPING

    We are running a series of short, exciting, informative FREE Webinars to help to simplify the in’s and out’s of Bookkeeping.

    Read More
  • 17/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    FREE REVIEW OF YOUR BILLS

    💥RECEIVE A FREE REVIEW 💥

    Read More
  • 14/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    THANK YOU NOTE FROM A CLIENT

    I just love helping people in anyway that I can. 

    With more of us working from home seeing our bills rising, I’m so happy to be able to offer this service and 

    remove the stresses of switching so that savings can be made — feeling happy.

    Read More
  • 13/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    HIGH-LOW METHOD

    This method is used to calculate fixed, semi-variable and variable costs using limited data.

    Read More
  • 11/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    GROSS PROFITS

    Some have heard of profit, but gross profit?

    Read More
  • 10/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    WALLACE ACCOUNTANCY IS HERE TO HELP REDUCING COSTS

    I am excited to now be able to help business owners to reduce their over all running costs, from accounting fees, utility bills and general expenses.

    Read More
  • 08/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    FINDING BALANCE AT HOME: TIP NR.4

    START CO-WORKING

    Read More
  • 07/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    UPCOMING WEBINAR

    Next weeks Webinar will be held on Tuesday at 8pm

    Read More
  • 06/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    FINANCIAL REPORTS

    Financial reports and statements are detailed records of the financial activities and position of a business.

    Read More
  • 06/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    FREE WORKSHOPS - FIRST

    Join me tonight for the first in a series of FREE workshops.

    Read More
  • 05/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    FEEDBACK TIME - AUGUST

    Helping people to understand the tricks to make bookkeeping easier and freeing up some of their precious free time is reward enough, 

    but getting such lovely feedback is always so gratefully received
    Thank you! — feeling joyful.

    Read More
  • 04/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    FILING

    Some may think this is not important,

    but having a filling system in place ensures organisation, efficiency and clarity.

    Read More
  • 03/08/2020 - Beki Wallace AATQB MIAB 0 Comments
    FREE WEBINARS COMING UP TO HELP YOU

    👀 We have a series of short, exciting, informative FREE Webinars 

    coming up to help to simplify the in’s and out’s of  Bookkeeping. 


    Read More
  • 31/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    “EAT OUT TO HELP OUT" SCHEME

    The government’s new “Eat Out to Help Out” scheme will launch in August and 

    give diners the opportunity to enjoy 50 per cent off their meals at participating restaurants.

    Read More
  • 30/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    TAX CREDIT - CHECKING DETAILS BY 31ST OF JULY

    Filling in forms can always be a little daunting! 🤯 

    If you have any questions or queries it is always worth getting in touch 

    ☎️ 01594 447866

    Read More
  • 29/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    ATTENTION - ALL HOLIDAY LET HOME OWNERS

    ATTENTION - all Holiday Let home owners!

    Would you like to increase your profits? 

    Silly question, Of course you would!

    Please do get in touch with me to find out how we could save you money 

    in one easy step and without you having to spend a penny! 

    ☎️ 01594 447866

    Read More
  • 28/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    EXPENSES

    Expenses.

    💰 An expense is something that has been purchased or paid for that can be offset against taxable income.

    Read More
  • 27/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    THANK YOU TO THE BUSINESS WOMEN IN

    I’d like to say a big THANK YOU to the Business Women in network for hosting my recent bookkeeping workshop.  

    I’m glad we were able to help so many of you navigate your way through the ins & outs of bookkeeping!

    As the workshop was such a success I will be running another one soon! 

    Keep your eyes peeled for more information

    Read More
  • 24/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    FINDING BALANCE AT HOME: TIP NR.3

    GET EVERYONE INVOLVED!

    Read More
  • 23/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    UTILITY SAVINGS

    Biggest saving yet!!!

    Read More
  • 22/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    WHAT IS A DOUBLE-ENTRY?

    Double-Entry 

    What is it? 🤔

    Double entry in bookkeeping, is when corresponding entries are entered as a debit and credit into the accounts.

    Read More
  • 21/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    FEEDBACK ON XERO WEBINAR

    I have really enjoyed being able to take part in our recent Zoom Webinars!

    Read More
  • 20/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    CREDITS AND DEBITS

    💰Credits and debits are often seen as income and expenses but this is not the case.


    Read More
  • 17/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    WEBINAR EVENT

    ⏰ There is still time to secure tickets to our Webinar event happening this Monday from 10am.

    Read More
  • 17/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    WHAT IS THE CASH FLOW?

    💰 Cash flow refers to the money going in and out of the business over a given period.

    Read More
  • 16/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    FEEDBACK TIME

    This great feedback made me laugh!  

    How many of you actually stick to working hours?! 

    There always seems to be something that needs attention as and when you think of it, usually late evenings in my case! 

    If I am available to help you out I’m more than happy to do so — feeling lucky.

    Read More
  • 15/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    GET IN TOUCH WITH US!

    Here at Wallace Accountancy we understand the stress that comes with managing all of your receipts and transactions and trying to collate all the data into one place. This is where our expertise comes in! 

    Utilising over 5 years experience, we provide an extensive bookkeeping and data processing service for clients in Coleford, Gloucestershire and across the UK. 

    Collating your data into an easy-to-read document, ensuring that you get the most out of your data. 

    Send us a message Email info@wallaceaccountancy.co.uk or call ☎️ 01594 447866 to enquire further.

    Read More
  • 14/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    WHAT IS A CASH BOOK?

    📖 A ‘cash book’ is an essential part of the business financial records.

    Read More
  • 13/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    THANK YOU FOR LEDBURY & NEWENT NETWORK

    I would like to say a big ‘THANK YOU’ to everyone at Ledbury & Newent Network

    Read More
  • 10/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    ABOUT ME

    I've always wanted to be an accountant, I just love numbers

    Read More
  • 09/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    FINDING BALANCE AT HOME: TIP NR.2

    Do you find it difficult to work from home and having kids home 24/7? 

    You are not really prepared for that.
    Finding time to work while the kids are home wanting our attention has become the ‘new normal’.
    It would be so nice to have some balance.
    So, what can you do to find our balance and make working from home with the kids more manageable?

    Here is our second tip for that:

    Read More
  • 09/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    WHAT DOES CAPITAL REFER TO?

    The term ‘capital’ refers to assets or resources owned by the business that will aid in generating income and be used for further development of the business.

    Read More
  • 08/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    FEEDBACK TIME


    ❤️ Receiving kind words like these really do mean the world to me!  

    I’m all about saving you money, teaching you tips on how to do the basics and supporting you through the process of keeping your business accounts up to date. 

    Even if you’re not new to the bookkeeping 'do’s and don’ts' it can be mind-blowing!  



    Read More
  • 07/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    SAVING ON UTILITIES?

    Last week I was able to help someone save money on their utilities.

    Read More
  • 06/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    WEBINAR - 20th OF JULY - BOOKKEEPING FOR YOUR BUSINESS

    Bookkeeping For Your Business

    Read More
  • 03/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    BILLS

    Here is a simple one, what are bills?

    Read More
  • 02/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    WHAT TO DO DURING QUIET PERIODS?

    What to do during quiet periods.⏰


    There only ever seems to be two settings when you’re running your own business, too busy or too quiet!
    Sometimes it can flit between the two over the course of the same day.

    Read More
  • 02/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    THANK YOU FOR NIKKI KNIGHT!

    We want to say a massive thank you to Nikki

    Nikki Knight Copy Editing & Proofreading

    She recently ran a workshop for our support network, providing lots of helpful hints and tips around getting a CV to stand out from the crowd.


    Inspirational speaker, very much looking forward to seeing more.

    Read More
  • 01/07/2020 - Beki Wallace AATQB MIAB 0 Comments
    GOOD RECORD KEEPING

    Good record keeping is essential for all businesses to be successful.


    It is important to keep track of your business revenues & expenses so you know what you are able to claim for and it will make life simpler

    when it is time to complete and submit your tax returns.  


    Sometimes this can be overwhelming or just not what you want to spend your days doing. 

    Let us help lighten the load!


    To begin with, we organise an initial consultation to determine your needs and requirements, before collecting any receipts, invoices, and transactions. 

    We then compile all of your information into accounts and reports, or alternatively an easy-to-use managing report to suit your needs.




    Read More
  • 30/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    WHAT IS BALANCE IN BOOKKEEPING TERMS?

    The word balance is used more frequently than most, and carries many meanings.

    In order to have balance, there needs to be equality, neither side can have too much or too little.

    Read More
  • 29/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    PARTNERED UP WITH FTSE 250, WHICH? MAGAZINE

    I’m really excited to add another service to my business to help my clients, friends and family save more money.  

    I've partnered up with a FTSE 250, Which? magazine best buy company. 


    Already being a customer myself, I'm looking forward to help others save on their home utility bills.


    Send me a message if you want to find out more

    Read More
  • 26/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    WHAT ARE ASSETS?

    Assets can be categorised into tangible and intangible assets. 

    Things we can touch and things we cannot.

    Read More
  • 25/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    FINDING BALANCE AT HOME: TIP NR.1

    Do you find it difficult to work from home and having kids home 24/7?  
    You are not really prepared for that. 
    Finding time to work while the kids are home wanting your attention has become the ‘new normal’.

    It would be so nice to have some balance.

    So, what can you do to find your balance and make working from home with the kids more manageable?


    Here is one tip for that: 

    Read More
  • 25/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    CLIENT FEEDBACK

    Feedback like this makes me so, so happy!

    Read More
  • 24/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    4 BOOKKEEPING TOP TIPS FOR SME BUSINESSES

    SAVE TIME WITH THESE 4 TOP TIPS! 

    Read More
  • 23/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    SELF-EMPLOYMENT INCOME SUPPORT SCHEME UPDATES

    The Self-Employment Income Support Scheme has been extended! 

    Read More
  • 22/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    ORGANIZATION IS KEY

    The terms alphabetical and alphanumeric are very similar and both refer to putting things in order.

    Read More
  • 18/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    BOOK YOUR FREE CONSULTATION

    It is now super easy to book in your free consultation call with me, at a time that suits you.


    Read More
  • 17/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    FINDING BALANCE AT HOME - BETWEEN WORK & KIDS

    Many of you were already set up to work from home, but having the kids home 24/7 is not something you had prepared for.  


    You already had a million and one things to do, but now there are more. 


    More cooking, more cleaning, more family time and maybe even some home schooling.


    Finding time to work while the kids are home wanting your attention has become the ‘new normal’. 

    You are getting on with it but there must be a simpler way. 


    It would be so nice to have some balance.
    So, what can you do to find your balance and make working from home with the kids more manageable?

    Read More
  • 17/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    WHAT IS ACCOUNTING?

    When navigating the world of ‘Bookkeeping’, there are many terms which are commonly used within the finance industry.

    📈Accounting. What does it mean?

    Read More
  • 16/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    CLIENT FEEDBACK

    Some more great feedback received recently from a client I helped 🙌


    Read More
  • 15/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    ARE YOU A MUM IN BUSINESS?

    Would you prefer to talk after the kids are in bed?

    Read More
  • 12/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    HONOURED TO BE GUEST SPEAKER AT MIBA FOREST OF DEAN

    I loved being a guest speaker at MIBA Networking Forest Of Dean this week.

    Read More
  • 11/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    CLIENT FEEDBACK

    I love being able to give help and advice wherever I can.

    Knowing that I make a difference and receiving lovely feedback like this 

    makes it all worthwhile

    Read More
  • 10/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    SUPPORT LOCAL COMMUNITIES

    These last few months have been so tough for everyone and 

    a real struggle for lots of small businesses trying to survive.

    Read More
  • 09/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    SELF ASSESSMENT PAYMENT UPDATES

    If your business has been affected by coronavirus 

    you can defer the July payment on your self assessment account.

    This will be really helpful for lots of small businesses.

    Read More
  • 08/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    MANAGE YOUR OWN SCHEDULE

    Have you started a business from home recently? 

    Or are you now thinking about it?

    Read More
  • 05/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    WHERE DO YOU WORK?

    This is my workspace at home 🏠

    Read More
  • 04/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    Bookkeeping Basics - What are we required to do?

    Take a look at this video to find out!

    Read More
  • 03/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    HOW TO ACHIEVE A BETTER WORK/LIFE BALANCE

    I am here to help you achieve a better work/life balance.

    Read More
  • 02/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    WHY HAVING A SHOEBOX IS THE WORST MISTAKE EVER! Vol. 2.

    Do you keep your business receipts in a shoebox?

    If you do it will COST YOU MONEY 💰

    Here's one of the reasons why.....

    Read More
  • 01/06/2020 - Beki Wallace AATQB MIAB 0 Comments
    BOOK YOUR FREE CONSULTATION

    What happens when you reach out to me for help with your business accountancy and bookkeeping?

    Read More
  • 29/05/2020 - Beki Wallace AATQB MIAB 0 Comments
    COUNCIL TO LAUNCH DISCRETIONARY BUSINESS GRANTS

    Council to launch Discretionary Business Grants on 1 June

    Read More
  • 28/05/2020 - Beki Wallace AATQB MIAB 0 Comments
    DO YOU KEEP YOUR BUSINESS RECEIPTS IN A SHOEBOX?

    If you do it will COST YOU MONEY 💰

    Here's one of the reasons why.....

    Read More
  • 27/05/2020 - Beki Wallace AATQB MIAB 0 Comments
    SIGN UP FOR OUR NEWSLETTER

    Have you signed up to my email newsletters? You can choose to receive news on just the topics you are interested in:


    ⚖️Work/Life Balance
    ⏰More Time
    Less Stress
    All news and updates

    You can even choose the frequency of emails ✅

    Click on the link to sign up
    https://www.wallaceaccountancy.co.uk/newsletter

    Read More
  • 20/05/2020 - Beki Wallace AATQB MIAB 0 Comments
    AVOID THE SHOEBOX!

    How to avoid shoebox full of receipts? 

    Read More
  • 19/05/2020 - Beki Wallace AATQB MIAB 0 Comments
    HONOURED TO BE GUEST SPEAKER AT THE MIBA GLOUCESTERSHIRE

    I was honoured to be a guest speaker at 

    the MIBA Networking Gloucestershire networking meeting last week.
    I spoke about why having a shoebox full of receipts is
    a BIG mistake and could be costing you money.
    Take a look at my latest blog post to find out more and
    please get in touch if you have any questions
    https://www.wallaceaccountancy.co.uk/b/why-having-a-shoebox…

    Read More
  • 16/05/2020 - Beki Wallace AATQB MIAB0 0 Comments
    CLIENT FEEDBACK

    I'm so thrilled to of received this wonderful review. 

    I'm not going to lie, I couldn't be happier.
    I'm so pleased I've made a difference.
    When it comes to business finances, helping others feel less stressed is what I aim to do.
    MISSION ACCOMPLISHED .
    Anyone else having a good week?

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  • 14/05/2020 - Beki Wallace AATQB MIAB 0 Comments
    WHY HAVING A SHOEBOX IS THE WORST MISTAKE EVER!

    You have just finished a hard day’s work. There is nothing more you want, but to put you feet up and
    relax. Admin in the evening is not what you signed up for.

    You put all our paper receipts in a shoebox tucked up on the shelf and tell yourselves it’s all there
    safe for you to sort out later.

    The box is overflowing and it is now tax season! It gets bagged up and shipped off to an accountant!

    YOU HAVE JUST MADE THE WORST MISTAKE EVER!!

    Is it really that bad? What is the worst that could happen?

    Having a shoebox full of receipts will COST YOU MONEY, let’s explore why.

    Read More
  • 12/05/2020 - Beki Wallace AATQB MIAB 0 Comments
    FINANCIAL SUPPORT FROM HMRC

    Are you still struggling to find out if you are eligible for any financial support during this time?

    Hopefully this will help to make things clearer for you.

    If you are not eligible for money under the Self-Employment Income Support Scheme,
    you may still be able to get other forms of help. Visit GOV.UK to see what other support is available.

    Link to the article. 

    Read More
  • Mother with baby at home
    06/05/2020 - Beki Wallace AATQB MIAB 0 Comments
    MISTAKES MADE WHEN WORKING AT HOME WITH KIDS

    Working from home with the kids around can be very challenging, especially if they are little. 

    Each day that passes the line between family life and work seems to fade. You just want 5 minutes to

    make a quick phone call or to send a quick email.

    What are you doing wrong, why won’t your kids let you work?

    Here are 6 common mistakes made when trying to run your business from home with small kids
    around.

    Read More
  • 04/05/2020 - Beki Wallace AATQB MIAB 0 Comments
    YOUR ESSENTIAL GUIDE

    ESSENTIAL GUIDE TO CHOOSING A BOOKKEEPER

    Choosing a Bookkeeper is an important task, as a business owner you are inviting another person into your lives. 

    It is therefore essential that you consider your options carefully and choose the right person for the job!

    Finding time to do bookkeeping is at the bottom of most people's to do list. ‍


    I want everyone to get the best service possible.

    Here's an Essential Guide to help you choose the right person for you & your business.
    Read More
  • 29/04/2020 0 Comments
    DO YOU DO YOUR OWN BOOKKEEPING?

    Do you know the world of 'Bookkeeping and Accounting' has it's own language!


    To help you out, here is an easy to read guide detailing many of the popular terms within bookkeeping.

    Designed for business owners and those undertaking bookkeeping duties. 


    www.bookkeeping.business.blog

    An A to Z guide to Bookkeeping Terms.

    Read More
  • 26/04/2020 0 Comments
    What is your new best friend?

    Our new best friends... some bluetooth headphones


    Once purchased as a luxury, now used daily.
    Helpful for calls, conferencing and generally listening to anything above all the background noise in our homes. 

    What is your new best friend?

    Read More
  • 18/04/2020 0 Comments
    5 ADVANTAGES TO RUNNING A BUSINESS FROM HOME

    Are you wondering if running a business from home is a good idea?


    With more and more people starting indoors, staying safe, I thought I'd share a short article with you detailing some of the advantages to running your own business from home.


    Here is are the top 5 advantages of running your own business from home.



    MANAGE YOUR OWN SCHEDULE 


    The main advantage to running  your own business from  home, is you get to choose when and how much time you spend on
    your business.

    Your work schedule can be flexible to meet your needs and will likely allow you to work around  your family. 

    Having flexibility, brings reduced stress and more freedom.

    You can decide if you spend a day and evening an hour a week on your business. 

    Do what is right for you.



    DO SOMETHING YOU LOVE

    Do you have a passion, a hobby that you wish to explore? 

    Is it something that you could get paid for? 

    Often people find inspiration from what they enjoy doing most. 

    If you love making and creating something why not get online and start selling.

    Having a dream, a  passion will drive and motivate you. 

    They people that enjoy their job and enjoy what they are doing are more likely to succeed.


    EXTRA INCOME

    If you  are driven you  will likely succeed. 

    Anything you spend on your business can be deducted from your income to reduce your tax bill. 

    Even tools and equipment purchased up to 7 years prior to starting up can be deducted as pre trade expenses.
    So, if  you started reconnecting with  any hobbies, now might be the time to start getting paid for your talents.


    Working from home means you have minimal outgoings. 

    If you spend money  on materials, you should get the money back when sell your finished product.

    If you sell services you might have limited outgoings, like licences, memberships and insurance.
    Way up your potential income  and predicted expenses to see if it's worth your time.


    YOU ARE YOUR OWN BOSS

    No more having to ask for time off, or asking to start late of finished early. 

    You choose what time you start work, what time you finish and how long your breaks are. 
    You decide  what tasks are  important to you right now, what needs to be scheduled in and what can be delegated. 

    Being able to managing your own work load means deciding how to  best serve your  business. 

    No one telling you what to do. 

    It is your business, your baby. 

    You know best!


    TAX BENEFITS

    There are tax benefits to running your own business from home. 

    You will save on paying for a business premises and can offset the costs of  equipment tools services purchased or used within the business. 

    Many find they already have the tools and materials needed to make their creations. If you are using them for your work then it can likely be claimed through business expenses, so make sure that you account for everything.


    Working from  home means you  can even claim a proportion of your household bills as a business expense. 

    If one out of six rooms are being used as your office or work station, then your  business can pay for 1/6 of  
    your household bills. 

    This includes things like rent, electric and water bills.
    In the event of making a loss,  you can offset this against any other taxable income or carry it forward to reduce future business income.


    Read More
  • 17/04/2020 0 Comments
    MORE TIME - LESS STRESS

    Do you want to spend more time with your family?

    Read More
  • 06/04/2020 0 Comments
    STAY HOME - PROTECT THE NHS - SAVE LIVES

    Please take this seriously. COVID-19 can affect us all.  Follow guidelines and maintain social distancing. 


    STAY HOME - PROTECT THE NHS - SAVE LIVES 

    Read More
  • 02/04/2020 0 Comments
    DARE TO DREAM

    It is easy to think you will never achieve or the goal is too far away, but don't spend your time worrying! 


    Take inspiration and make the most of your time. Dreams do come true.

    Read More
  • 29/03/2020 0 Comments
    Forest of Dean Employed & Self-Employed

    Here is a helpful link for people within the Forest of Dean - Employed & Self Employed

    For those self employed receiving small business rate relief on premises, you can now apply for the £10,000 grant by completing & returning a simple form to 

    https://www.fdean.gov.uk/business/coronavirus-busi...

    Read More
  • 23/03/2020 0 Comments
    Self-employment Income Support Scheme (SEISS)

    The government has announced how it will support self-employed people whose income has been affected by #coronavirus. Full details can be found here https://www.gov.uk/government/news/chancellor-give...

    Read More
  • 20/03/2020 0 Comments
    5 WAYS TO WORK WELL FROM HOME

    Here are 5 helpful tips for those who are now working from home.

    https://bbc.in/393qJ6x

    Read More
  • 19/03/2020 0 Comments
    The Coronavirus helpline 0300 456 3565

    HMRC have set up a helpline specifically for the self-employed and businesses who will are affected by COVID-19. Offering advice around benefits, grants, taxes and more.

    Read More
  • 18/03/2020 0 Comments
    HOW TO MAKE MONEY FROM HOME

    With lock down pending more and more people are already or will be soon, working from home.

    Here's an article to help inspire new and creative ways to work from home.


    https://informi.co.uk/starting-business/41-ways-ma...

    Read More
  • 14/03/2020 0 Comments
    JOIN THE PETITION

    Join the petition for statutory sick pay for the self employed.


    https://petition.parliament.uk/petitions/300336

    Read More
  • 06/02/2020 0 Comments
    Things to consider when choosing a bank account

    Thinking of changing bank? 

    What do you need to consider?


    Hopefully this will help you in making your decision 

    Read More
  • 01/02/2020 0 Comments
    Responding to all queries within 24 hours

    We are here to support you. 

    Offering a flexible, personalised service to clients. 

    Read More
  • 26/01/2020 0 Comments
    Need some Xero training?

    Tailored training offered, to individuals and groups, at a time to suit you. 


    Contact us today to find out more about this & other training offered by Wallace Accountancy & Bookkeeping.

    Read More
  • 17/01/2020 0 Comments
    Are you a mum in business?

    Would you prefer to talk after the kids are in bed?

    We are here to support you at a time that suits you!

    Read More
  • 11/01/2020 0 Comments
    Time to Outsource!

    We could save you hours of stress & give you more time to do the things you love. Contact us to find out how.

    Read More
  • 09/01/2020 0 Comments
    Last few weeks to get your self assessment tax return submitted

    If you haven't done your self assessment tax return yet, you are not alone!! Here is a helpful guide from HMRC you might find useful. 


    Read More
  • 06/01/2020 0 Comments
    Do you know what business expenses you can claim?

    Here is a simple chart to reminder you 

    of what you can claim.  

    Contact us for more information 

    or with any queries, we are here to help.  

    Read More
  • 05/01/2020 0 Comments
    Quick video about me & my company

    Below is a link to a video all about me,

    Rebecca Wallace AATQB & my company 

    Wallace Accountancy & Bookkeeping 


    https://www.facebook.com/385403395283764/posts/761...

    Read More
  • 29/12/2019 0 Comments
    ​2020 MAY BANK HOLIDAY HAS CHANGED

    Check your physical calanders say 8th and not the 4th. 


    This year the bank holiday has been moved from Monday 4th to Friday 8th May to coincide with VE day, the 75th anniversary of the end of World War II.

    This was a late decision by the government to make this change, so check your calanders.

    https://www.gov.uk/bank-holidays

    Read More
  • 20/12/2019 - 0 Comments
    Contact us today to arrange a free consultation

    We offer flexible services tailored to your needs.

    Specialising in computerised accounting allows us to provide fast paced services at competitive prices.

    Read More
  • 17/12/2019 0 Comments
    Calculating Motor Expenses

    In your first year of trading or changing your vehicle?

    It's time to work out which method could save you money.

    Check out this helpful video from HMRC.


    Read More
  • 11/12/2019 0 Comments
    It is time to use online calendars

    Check out our free download for more information on how you can utilise these great features.

    Read More
  • 05/12/2019 0 Comments
    What to do during those quiet periods.

    There only ever seems to be two settings when you’re running your own business, too busy or too quiet! Sometimes it can flit between the two over the course of the same day.


    The ability to cope with this rollercoaster ride defines those who are self-employed as adaptable and resilient. But even the most seasoned self-employed professional can feel flustered when business is a little slow. If you find yourself in a bit of a slump when you don’t have plenty of client work to keep you busy it’s important to stay productive and try to make the most of the downtime.


    To read further follow the link below. 


    https://informi.co.uk/blog/how-to-ride-out-the-qui...

    Read More
  • 02/12/2019 0 Comments
    Qualified Local Bookkeeper

    Contact us today to arrange your free consultation

    Read More
  • 28/11/2019 0 Comments
    We are here to help you grow with your business

    Reflecting on company processes and bringing things up to date can help improve efficiency, and save you money. Contact us to discuss how we can help you spend less today and save more for tomorrow.

    Read More
  • 22/11/2019 0 Comments
    It's not too late to register

    Not sure if you need to register. 

    Contact us to discuss today.

    Read More
  • 20/11/2019 0 Comments
    Self Assessment Season

    Contact us today to discuss your options

    Read More
  • 11/11/2019 0 Comments
    Thought about hiring a bookkeeper?

    If you don't have time to do a little bookkeeping each day, when will you find time to record a month's or a year's worth of records? Different people have different systems. What matters the most is that you have a system and use it daily or at least weekly. 


    Considered hiring a proffesional bookkeeper.

    It will save you hours of stress.

    Contact us today to discuss how we can help you.

    Read More
  • 07/11/2019 0 Comments
    Offering Affordable Training

    Additional training available upon request, 

    contact us for details

    Read More
  • 31/10/2019 0 Comments
    Happy Halloween

    Don't be SPOOKED by your finances this Halloween. Keeping up with your books doesn't have to be scary.
    Contact us, we will help you face your financial fears.

    Read More
  • 01/09/2019 0 Comments
    How do you do your Bookkeeping?

    If you think we could help lighten the load 

    contact us today for a free consultation.

    Read More
  • 03/12/2018 0 Comments
    Local Qualified Bookkeeper


    Contact us today to arrange your free consultation.

    Read More
  • 15/08/2018 0 Comments
    Could you benefit from hiring a Bookkeeper?

    A YouGov survey by IAB found 78% of businesses using a qualified bookkeeper think it's vital for businesses growth.

    Read More
  • 15/07/2018 0 Comments
    Essential Record Keeping

    Good record keeping is essential for all buisnesses to be successful. It is important to keep track of your buisness revenues & expenses so you know what you are able to claim for and it will make life simpler when it is time to complete and submit your tax returns.  


    Sometimes this can be overwhelming or just not want you want to spend your days doing. 


    Contact us for a free quote today. We are here to help lighten the load. 

    Read More
  • 15/06/2018 0 Comments
    General Data Protection Regulations (GDPR) from 25th May 2018

    I'm sure you have been receiving lots of emails from subscribers in regards to GDPR. This is the biggest data protection change in 20 years. It is important to know your rights in regards to your personal data. As a registered Data Controller for the ICO, Wallace Accountancy ensures the protection of your personal data in line with the new regulations. 


    For further information please visit www.ico.org.uk

    Read More
  • 01/06/2018 0 Comments
    Making Tax Digital

    You may have heard the phrase 'Making Tax Digital'. This refers to all self-assessment forms, TAX & VAT returns, and supporting documentation to be digitally submitted to HMRC and Companies House rather than allowing for the usual paper based submissions. This was due to come into force from April 2018, however this had now been postponed due to the 2017 general election. It has now been suggested to come into force from April 2020. Get ahead of the time and make the change today. Tax doesn't have to be taxing!

    Read More
  • 15/05/2018 0 Comments
    Need help choosing an accounting software?

    So many providers, don't know who to choose. Have you heard of Xero, QuickBooks, Sage or another accounting package. Not really sure what they can offer you and your buisness. 


    We are here to help you understand the world of computerised accounting, so please contact us to discuss the best options for you.

    Read More
  • 01/05/2018 0 Comments
    Do you know the difference between Tax & VAT returns? Need advise on your legal requirements?

    It can be daunting having to think about tax and VAT returns. We at Wallace Accountancy are hear to help. We offer tailored advice to suit your needs and can even take care of your tax and tax returns for you, ensuring your legal requirements are met. 


    Contact us now to discuss services we are able to offer you to make running your buisness more enjoyable.

    Read More