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With conference season in full flow , last week myself and the Crunch team were up at The Business Show at the ExCel, showcasing our software and providing tax and accounting advice to the eager entrepreneurs in attendance – of which there were many! I’ve been around the business show circuit many times now, and something that struck me this year was the…
One of the coolest features of the Crunch software is the ability to generate on-the-fly accounting reports . With literally the click of a button, Crunch can generate Profit & Loss accounts, Balance Sheets and even Interim Accounts using the data stored in our system. These are great for providing proof of income wherever you are – one client…
If you attended our contractor seminar in London last week you’ll hopefully have come away with loads of useful tax and accounting info from Steve and Laura, our expert accountants who came along to answer your questions. As part of the seminar we produced a Tax Intelligence document, highlighting all the pertinent information a freelancer…
Bank reconciliation is an important part of online accounting – it’s the process of matching transactions in your Crunch account with those on your bank statement to ensure your records are 100% accurate. If your business generates a decent volume of transactions, reconciliation can take a while, and we do everything we can to speed…
We’ve assembled a fantastic posse of business partners over the years, offering everything from web hosting to serviced offices to professional insurance. Many of them are kind enough to offer you, our wonderful clients, some freebies as a reward for making the leap to modern, online accounting. Here are just a few of the fabulous treats you could be enjoying! Free…
Accountancy isn’t usually a family affair, except in the case of Gene and Dan Da Rocha, father and son business owners who run a total of three businesses through Crunch! The younger Da Rocha, Dan, operates two limited companies with us. The first, Mudvark , produces mobile games, while the second, Toxic Games, was set up with two…
A Year End comes but once a year (obviously), and can be a daunting undertaking for first-time limited company directors. However it needn’t be the end of the world – take it one step at a time and you’ll do just fine. What is a Year End, anyway? A ‘Year End’ is accountancy slang for…
Sure as night follows day, when Spring rolls around conference centre doors fly open and fill up with excited professionals wanting to learn, network and collect free branded pens. We’ve already visited BrightonSEO and the School for Creative Startups Showcase this year, and we’re eagerly looking forward to the Brighton Digital Festival , Digital Shoreditch and many others. A common question posed this time of year is…
On March 16th 2013 new legislation came into force, changing how late payment of commercials debts can be handled by the creditor. To make sure you’re handling your credit control right, we’ve turned to our good friends Safe Collections for an update on the rules. Cashflow is often a very personal issue for freelancers, contractors and SMEs,…
Just over two weeks ago I visited the School for Creative Startups up at Somerset House, London, both to deliver a talk as part of their showcase and cast an eye over the 100 or so startups in attendance. An initiative designed to help creatives build their businesses, an abundance of seasoned entrepreneurs took part, eager to provide their…
PR is a tricky beast for small companies. Do you let growth happen organically, hoping the fantastical nature of your product will sell itself, or do you try to kickstart your customer count by getting some media coverage? Now that we’re all grown up we’ve been lucky enough to have been featured in just about every big national…
On Saturday 6th April our development team flipped the switch on our brand new RTI system, allowing Crunch clients to file payroll information in real time. This was one of the heftiest backend changes we’ve ever made to the Crunch software , and such a big change on HMRC’s end that they had to take their filing gateway offline for a full 48 hours….
Big, nay, huge news today. In preparation for our fourth Birthday yesterday we’ve been running lots of numbers to see how Crunch is doing. To cut a long story short, pretty great. March was our biggest month ever in terms of website traffic and new clients, and April started with a bang as we hit the front page of…
We’ve been breaking out the cake and fizzy pop at Castle Crunchenstein today as we celebrate our fourth Birthday! On April 9th 2009 the first version of the Crunch system went online ( nostalgic screenshot this way ), and our first client account was opened just five days later. Since then a lot has changed, and we’ve passed some…
As you’ll no-doubt be aware, our development team have been hard at work putting together one of the best darn Real Time Information systems out there – so good, in fact, that our clients need to do absolutely nothing to be RTI compliant. With the new legislation coming into force this Saturday (April 6th), we’re now in the final stages of preparation before flipping…
Crunch is incredibly popular with techies – we know that. Anywhere up to 50% of our clients are web designers, programmers and IT contractors . But we’ve invested hugely in making sure our service is accessible to people who don’t live and work online – and we thought it was high time we introduced some of our non-technical clients. Meet Tom,…
One element of the 2013 Budget we didn’t cover in any great detail was the announcement by Chancellor George Osborne of a further lowering of the Main Rate of Corporation Tax in 2015. Why didn’t we mention it? Well, because all Crunch clients pay the Small Profits Rate, so it’s not strictly relevant. At 24% until recently, the…
Much of the coverage of the 2013 Budget, delivered by Chancellor George Osborne this past Wednesday, has focused on the relative dearth of changes announced. With hefty national debt and not much room to manoeuvre, the Coalition had to forego any expensive give-aways or crowd pleasers. Osborne himself said during his speech that the 2013 Budget overall was ‘fiscally…
Many people imagine accountancy is a fairly boring, stagnant industry – but in fact it’s a complicated beast, with constantly-changing rules and regulations, and new case law being established on a monthly basis. To this end, we invest quite a bit in our team of accountants to make sure they’re always at tip-top performance. Today we’re pleased to announce we’re turning our commitment to accounting…
As it stands currently, you can’t just name your limited company however you like. Along with obviously not being able to use a name already in use, there are a list of “sensitive” words that people are prohibited from using on the grounds that use of certain words may mislead people or cause offence. Considering the list…