Entries by Accumulus Accounting

Date Fraud – Are you at Risk?

2020 is here and with it comes a new fraud warning. Using a shorthand date this year could leave you venerable to fraud. For example, 9/1/20 could be back-dated to 9/1/2019 simply by adding the 19 to the end, or even future dated to 9/1/2021 by adding the 21 to the end. There are several […]

Another Success!

Congratulations to Harry Masterson on being the latest apprentice to complete his Advanced Apprenticeship for Business Administration Level 3 Diploma here at Accumulus Accounting. Harry has worked hard to achieve this success since starting with Accumulus Accounting in April 2018 where he has worked on account reconciliations and other business projects. Sam Hurst, director of […]


Accumulus Accounting would like to congratulate both George Holmes and Glenn Ferrier on completing their Advanced Apprenticeship for Business Administration Level 3 Diploma. Both George and Glenn started with Accumulus in January 2018, with Glenn working on account reconciliations and now progressing to be an account manager and George in the payment department which he […]

Tax on Dividends

The Government is introducing a new tax on dividends from 6 April 2016. This is likely to increase the tax payable by small company owners who draw their money out of the company as a small salary with the balance as dividend. How it will work All dividends will be paid gross – the 10% […]

National Minimum Wage

It’s that time again. The National Minimum Wage will be going up from 1 October 2015. Find out more at Gov.uk ~~~ National Living Wage According to Gov.uk, the National Living Wage will be coming in from April 2016, and “will be £7.20 an hour for workers aged 25 and older. The minimum wage will still […]

Xero: Introducing the Business Performance Dashboard

This week Xero have released their Business Performance Dashboard, a way of giving clients a better understanding how their business is performing. Xero says, “The dashboard provides easy access to a range of metrics automatically generated from the transactions in Xero. Track against standard financial ratios including gross profit, net profit on net sales, and […]

Death of the Tax Return

“Tax really doesn’t have to be taxing, and this spells the death of the annual tax return.” So said the Chancellor of the Exchequer when he announced in the 2015 Budget that we are to see the annual paper Tax Returns abolished. It is a move to end the costly and time-consuming process, in what […]