EG Accountancy Services

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More clients. More revenue. More stress and somehow, less money.It's one of the most common things we see when a busines...
17/07/2026

More clients. More revenue. More stress and somehow, less money.

It's one of the most common things we see when a business is growing fast. The diary is full, the invoices are going out, and on paper everything looks great. But at the end of the month, the profit just doesn't match the effort.

The problem is usually pricing.

When you first set your prices, you were probably just starting out. You were building confidence, winning work, and figuring out what you were doing. Your rates reflected that. But your business has grown, your experience, your time, and your overheads have all increased and your prices might not have kept up.

Taking on more clients at the wrong price doesn't grow your business. It just makes you busier and more stretched, for the same return.

Growth is a brilliant time to look at your numbers properly. Not just turnover, but what each client or service is actually costing you to deliver and what you're left with once you've done the work.

If you haven't reviewed your pricing in the last 12 months, now is the time.

Your books will tell you exactly where you stand. If you'd like help working out which clients and services are actually making you money — get in touch.

https://calendly.com/egaccountancy/discovery-call

One thing that always surprises me is when business owners don't invoice in a timely manner.You've completed the work, y...
15/07/2026

One thing that always surprises me is when business owners don't invoice in a timely manner.

You've completed the work, yet you're too busy working on other things and totally forget to invoice the client.

Invoice the same day you complete the work, not when you get round to it.

This is vital for your cash flow and it's also important for client relationships. They don't want to be hit with a bill that they'd totally forgotten about months down the line. Your client expects to pay for your time and you've worked hard for it.

If you're struggling to get your financial admin in order, then why not get some help?

Book a call today.

https://calendly.com/egaccountancy/discovery-call

If you file your company's annual accounts, this one's important.Companies House has just confirmed changes that will af...
13/07/2026

If you file your company's annual accounts, this one's important.

Companies House has just confirmed changes that will affect every UK company, and the clock is now ticking.

From 1 April 2028, you'll no longer be able to file your accounts online via the Companies House website or on paper.

All accounts will need to be submitted through commercial software. On top of that, small companies and micro-entities will be required to file a profit and loss account for the first time.

For a lot of business owners, this is going to mean making changes to how they currently do things.

The good news? There's a privacy opt-out. If you're a small or micro-entity and you don't want your profit and loss account visible on the public register, you'll be able to opt out. Details on how to do that are still to be confirmed by Companies House.

Here's what matters right now: if you already work with an accountant or bookkeeper who files through software, you're likely covered, but it's worth checking. If you currently file yourself via the Companies House website, now is the time to look at your options.

We're keeping a close eye on this as more guidance comes out. If you have any questions about what it means for your business, get in touch.

https://calendly.com/egaccountancy/discovery-call

Everyone needs a holiday — including your accountant.But if the thought of your bookkeeper/accountant being away for a w...
10/07/2026

Everyone needs a holiday — including your accountant.

But if the thought of your bookkeeper/accountant being away for a week or two makes you a little anxious, please don't worry! We've still got you!

When someone manages your numbers, your invoices, and your financial admin, it's natural to wonder: what happens while they're away?

For us, time away doesn't mean your business grinds to a halt. Before any holiday, we make sure everything that needs to be covered is covered: deadlines are noted, urgent tasks are dealt with before we go away or handed over to another member of the team, and clients are told who to contact if something can't wait.

If you've ever worried about continuity of service, or you're currently working with someone whose holiday arrangements feel a bit vague, it might be worth having that conversation.

A good accountant should give you confidence whether they're at their desk or at the beach.

Just a heads up that I'll be out of the office from today, Friday 10th July to 17th July inclusive.

https://calendly.com/egaccountancy/discovery-call

There are a few expenses that come up specifically this time of year that a lot of business owners either miss entirely ...
08/07/2026

There are a few expenses that come up specifically this time of year that a lot of business owners either miss entirely or aren't sure about.

Here are some worth knowing:

Staff summer parties

HMRC allows up to £150 per head per year for staff entertaining, and a summer event counts. That includes food, drink, venue, and entertainment, as long as it's open to all employees. Keep the receipts and record it correctly.

Client entertaining

A word of caution here, client entertaining is generally not tax deductible. A lot of people assume it is. It's worth knowing the difference before you put it through the books.

Working from home over the summer

If you work from home and your household costs go up during the summer months (more people at home, higher energy bills), it may be worth revisiting your home office claim.

Training and development

Summer is a popular time for courses, conferences, and up-skilling. If it's directly relevant to your trade, it's likely allowable.

The key with all of this is keeping clear records at the time, not trying to piece it together at year end.

If you want to talk through what you can and can't claim, I'm always happy to help.

https://calendly.com/egaccountancy/discovery-call

If you provide any benefits to your employees, things like private medical insurance, a company car, or interest-free lo...
06/07/2026

If you provide any benefits to your employees, things like private medical insurance, a company car, or interest-free loans, they need to be reported to HMRC on a P11D form. Every year. By the 6th of July, that's today!

Miss it, and HMRC will notice. Penalties start from the date it was due, not the date you realise.

The tricky part is that "benefits in kind" covers more than most people think. It's not just the obvious perks, even some expenses reimbursements can fall into this category depending on how they're structured.

This is one of those areas where getting it right first time saves a lot of headaches later.

If you're unsure whether you need to submit a P11D drop me a message today. I'll do my best to help.

https://calendly.com/egaccountancy/discovery-call

02/07/2026

Stocks and Shares ISA

02/07/2026

Business Owners - Do you understand profit and loss account, balance sheet, cash flow etc?

July. The sun is (allegedly) out, the out-of-office replies are starting to appear, and half the year is already behind ...
01/07/2026

July. The sun is (allegedly) out, the out-of-office replies are starting to appear, and half the year is already behind us.

It's the point in the year where things can go one of two ways.

Either you glance at where your business is, feel good about the progress, and head into summer with a bit of momentum. Or you realise you've been so busy doing the work that you haven't actually checked in on the numbers since April.

If it's the second one, no judgement. But July is actually a brilliant time to pause and take stock.

There are a couple of key dates to have on your radar this month:

6 July — P11D deadline if you provide benefits to employees.

31 July— Second payment on account due for self-assessment taxpayers.

Beyond the deadlines, the middle of the year is a natural moment to look at how the first half has gone; revenue, costs, cash flow, and make sure you're set up well for the second half.

If you need help getting your numbers in order then book a call with me today.

https://calendly.com/egaccountancy/discovery-call

Address

Unit 28, Cookstown Enterprise Centre , Derryloran Industrial Estate
Cookstown
BT809LU

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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