Women better in business

Do women run their businesses better than men?   In a classic “battle of the sexes” argument at Zooconomics.co.uk HQ our team were debating whether men were better at running businesses than women.   We were interested to find out and after side bets were laid in the office we set about digging up some… Read More

Making Tax Digital has been pushed back to 2019, and even then it’s only relevant to certain companies, however HMRC has snuck another one of their wild hair-brained schemes under our noses, Dynamic Coding. On the 2nd of July 2017, HMRC launched its new system called ‘Dynamic Coding’, also known as ‘PAYE Refresh’. This time,… Read More

Registering for VAT has always been something of a confusing matter to many business owners; some businesses have to register for it, whereas other business aren’t forced to but will register for VAT regardless. Registering for VAT is actually quite simple, as are the rules involved; the difficult part is deciding whether you should register… Read More

We receive hundreds of questions and inquiries a day into our services, and one of the most common phrases we hear is “Really? I didn’t know that)”. There seems to be a large amount of misconceptions surrounding what accountants can do, what they are, and what is required from the client. It may come as… Read More

It’s easy enough to say that you should sign up for Zooconomics online accounting services (and believe me, you should), but we also like to explain why you should too, perhaps with some accounting tips… Let’s face it, accounting isn’t easy; if it was then an accountant’s job wouldn’t even exist. This is the same… Read More

Back in 2013, the Institute of Chartered Accountants in England and Wales (ICAEW) conducted a poll to see how many accountants and business owners were turning to cloud-based accountancy software and online accountants. It was found that nearly a third of the poll’s participants were already using digital accounting software with a further third looking… Read More

Rewind the clocks back to December 2015; David Bowie was still alive (just), David Cameron was still the Prime Minister (just), and Making Tax Digital had (just) been announced. Everything was going so well up until that moment, but the second Making Tax Digital was announced, it was met with scepticism and doubt. Move on… Read More

The last we heard of Making Tax Digital was that it had been shelved with plans to be reopened in April 2018. Well we finally have some more news on the subject and it looks like some bright-spark has actually had a good idea on the topic. Mel Stride, the Financial Secretary to the Treasury… Read More

Most people will start their own business by becoming a Sole Trader. Most small business are registered as Sole Traders with very few making the jump to being a Limited Company, simply because the tax benefits and accounting responsibilities are significantly easier (not necessarily better, but easier). However, those that make the jump to becoming… Read More

New business owners don’t wake up every morning and say “Oh boy I just can’t wait to do that accounting paperwork today!” (unless you’re starting an accountancy business that is. If so, what are you doing here? You should know this stuff). Paperwork, especially financial paperwork, is probably the least enjoyable part of running a… Read More