Resources & Tools To Elevey Your Business
Resources
The No B*** S*** Guide to Business Planning
This book is for new and established business owners to take their business to the next level by simply knowing the power of planning.
Bi-Weekly Newsletter
Stay Updated with Our Latest Insights and Updates
The first MTD quarterly deadline is 7 August.
If you are not sorted yet, don’t cause yourself the headache by leaving it sitting there hoping it will somehow sort itself.
Check your software, check your records and make sure you know who is submitting what. 💚
Confused? Give us a shout BEFORE the deadline. 👀
Happy birthday to the woman, the myth, the legend, Tilly 🥳
Bookkeeper, dog mum and already well and truly integral part of the Elevey team.
We hope you have the best day – preferably with cake, no spreadsheets and plenty of attention for Bentsy. 🌭🐶
Business is hard, and as business owners we’re never shy of feeling short on time 🕰️
So we compiled these three tips you can implement today to save time, AND money when dealing with your accounts 👀
Are you already practicing any of our tips? 💚
We know how overwhelming HMRC deadlines can feel… because they do not care whether you are busy, currently soaking up some sun (piña colada in hand) or “meant to sort that last week”. 🍍
That’s why we’ve kindly compiled the key dates for the rest of 2026 into one place, so you can save this carousel and stop relying on memory. 👀
No need to thank us, just get them in the diary. 📆
P11Ds are very good at sitting in the corner pretending they are not your problem.
Until they are very much your problem.
If benefits or expenses have gone through the business, please don’t assume the bookkeeping fairies have handled it. 🧚
Check what needs reporting, pull the information together and get it sorted properly. 💚
If you’re in scope for MTD, your Quarter 1 update is due on 7th August.
Get your records up to date, check what needs submitting, and don’t leave it sat there looking innocent.
HMRC are not known for their relaxed approach to deadlines. 👀
If you’re a hairdresser or beauty business, IR35 is one of those bits of legislation you cannot afford to ignore.
There can be a very fine line between ‘self employed’ and ‘basically employed’ if someone is renting a salon chair.
You need a proper contract in place covering how they work, how they are paid and how the chair rental arrangement actually works.
If you are collecting the money centrally, make sure it is distributed properly. You cannot hold onto it and then pay them like a salary!!
Get it right from the start. If you are unsure, give us a shout. 💚
The Elevey team has grown once again… 🥁🥁🥁
Meet Tilly – Elevey’s newest member of the team.
#MeetTheTeam
Accrual accounting and cash accounting are not the same thing. 🤔
Cash accounting shows money when it actually comes in or goes out.
Accrual accounting shows income and costs when they happen, even if the money has not moved yet.
PUBLIC SERVICE ANNOUNCEMENT – ⚠️ Accounting services are NOT like Chanel handbags; the price does not match the quality!! 👜
As a bare minimum, this should be what you are looking for;
1. Timely VAT Reporting – not missing deadlines and causing penalties
2. PAYE, P11D and ERS – on time every time as they say!
3. Year-end adjustments posted to your accounts, not dumped into the balance sheet hoping you won’t notice!
4. Debits and Credits in the right place. Obvious, but still important!
If you don’t get any of that and are paying the ends of the earth then it is time to revaluate those services.
Please, for the love of all things Xero, check who actually has access to your account.
Ex-staff, old accountants, people who helped you “just once” in 2021… they do not all need to still be in there.
Your numbers are not a group project.
Audit your Xero access. Remove who does not need to be there. Thank yourself later.
