Pink Pig Financials Ltd
Pink Pig Financials Ltd
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5 Reasons to keep on top of your Bookkeeping
Check out PPF 👉🏼 pinkpigfinancials.co.uk/
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👩🏼‍💻 WORK WITH US
Get to know PPF: pinkpigfinancials.co.uk/
Get Started: pinkpigfinancials.co.uk/work-with-us/
➕ Please like and subscribe!!
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ABOUT PPF
👋🏻 Pink Pig Financials are a multi award winning lifestyle-focused firm of Accountants in the UK Pink Pig Financials are a multi award winning lifestyle-focused firm of Accountants in the UK on a mission to support business owners to create the freedom they desire and deserve (whatever that means to them).
In the early days, Pink Pig Financials was a small team of mums focused on helping other mums thrive in business. Over time, we’ve grown to support people who care about ‘family’ in every sense of the word.
We believe family is the world you build around you. We make the accounting process as efficient as possible, so our clients can grow a profitable business inside their world, not separate from it.
Our whole business ethos is based on our clients’ desired lifestyle. Our service is the engine driving them towards their goals. Support has always been about ‘more than just the numbers’. We help business owners do more of what they love with the people they love.
So, what is unique about Pink Pig Financials?
We do more than just keep the tax man happy - we help our clients achieve their dreams.
Very proud to be a Xero Gold Champion as well as Dext, Fathom, Diagnostax, Swoop and Satago partners.
Multi Award Winners - Accounting Excellence Awards 2022
✨Small Firm of the Year & Client Service Award✨
Finalists - Accounting Excellence Awards 2023
✨Bookkeeping Team of the Year✨
Our founder, Cheryl Sharp FCCA (@iamcherylsharp) is Xero’s Most Valued Professional 2018.
Переглядів: 12

Відео

There are green matches on my bank feed - can I click them?!
Переглядів 47 годин тому
Check out PPF 👉🏼 pinkpigfinancials.co.uk/ We get it. We love seeing Xero do its job too! And the temptation of seeing a page full of little green boxes that are just begging to be ticked off can be just too great! Or, maybe you see something sitting there waiting to be reconciled, and you know exactly what it is, so surely it can be dealt with? But, should you? Sometimes, of course, the answer ...
Can I Put My Football Season Ticket Through The Business?
Переглядів 1614 днів тому
Check out PPF 👉🏼 pinkpigfinancials.co.uk/ Football season is kicking off, and as a business owner, you might be wondering: Can you put your season ticket through the business? 🤔⚽️ In this video, we break down the complex rules surrounding business entertainment and tax deductions for football season tickets. We cover: The difference between client and employee entertainment Tax implications for...
5 Reasons Why You Need A Bookkeeper
Переглядів 12Місяць тому
Check out PPF 👉🏼 pinkpigfinancials.co.uk/ One thing is certain about every business - you earn money and you spend it. And a bookkeeper can help you keep track of that. So how would a bookkeeper help your business? Here are our 5 reasons why you need a bookkeeper Read the full blog here: pinkpigfinancials.co.uk/2024/07/26/5-reasons-why-you-need-a-bookkeeper/ 💕 CONNECT WITH US Instagram: instagr...
What are the ‘Three Freedoms’ and how can we help?
Переглядів 40Місяць тому
Check out PPF 👉🏼 pinkpigfinancials.co.uk/ You may not have even consciously been aware of it but you started your business for 🕊️ f r e e d o m 🕊️ All business owners are looking for: ⏰ time 💷 financial & 😌 mind freedom And the secret to gaining them? It’s not 6 figure turnovers or £10k months. It’s not a waitlist if clients as long as your arm or having your socials go viral. It’s really, trul...
What’s the difference between a Profit and Loss Statement and a Balance Sheet?
Переглядів 72Місяць тому
Check out PPF 👉🏼 pinkpigfinancials.co.uk/ Understanding the Profit and Loss Statement (P&L) and the Balance Sheet is essential for assessing a company's financial health. In this video, we break down the key components and differences between these two critical financial statements. Read the full blog here: pinkpigfinancials.co.uk/2024/07/09/what-are-the-key-differences-between-a-profit-and-los...
What is the Employment Allowance?
Переглядів 23Місяць тому
Check out PPF 👉🏼 pinkpigfinancials.co.uk/ Did you know businesses and charities can claim up to £5000 off their Employer National Insurance bill each year? Here's the key info: 🐷 The Employment Allowance reduces your monthly NI payments until the allowance is fully used. 🐷 Eligible employers are those with an NI bill under £100k in the previous tax year. 🐷 You can backdate claims for up to 4 ye...
You are paying more tax because you don't know your projected profit throughout the year!
Переглядів 152 місяці тому
The more profit, the better, right?? Well yes, but you also know more profit = more tax! 😭 So we are NEVER going to be the ones to say that tax is bad (because it’s very much a sign of a HEALTHY business!) buuuuuut nobody wants to pay more than they were expecting! You HAVE to know your projected position throughout the year to ✅ prepare for that tax bill & ✅ make purchases that can help reduce...
What happens if my VAT return is late?
Переглядів 342 місяці тому
Check out PPF 👉🏼 pinkpigfinancials.co.uk/ On the 1st October 2023 HMRC changed the way they deal with late VAT returns. In the past you would receive a fine and have to pay interest. They have now moved to a penalty system as well as interest payments. Caroline explains how it works in this video or to read the blog head to: pinkpigfinancials.co.uk/2024/06/07/what-happens-if-my-vat-return-is-la...
What are Accrued and Prepaid Expenses?
Переглядів 153 місяці тому
What are Accrued and Prepaid Expenses?
What does flexible working really mean?
Переглядів 333 місяці тому
What does flexible working really mean?
4 reasons to file your tax return now
Переглядів 283 місяці тому
4 reasons to file your tax return now
How does maternity leave and pay work when you have your own business?
Переглядів 413 місяці тому
How does maternity leave and pay work when you have your own business?
How do I start a career in Accountancy?
Переглядів 124 місяці тому
How do I start a career in Accountancy?
Should I have an Amazon Business Account?
Переглядів 364 місяці тому
Should I have an Amazon Business Account?
Your Tax Return - What will you owe?
Переглядів 426 місяців тому
Your Tax Return - What will you owe?
Why you should consider payrolling benefits in kind
Переглядів 1056 місяців тому
Why you should consider payrolling benefits in kind
Get Started with PPF
Переглядів 716 місяців тому
Get Started with PPF
Meet the PPF Team aka 'The Pink Piglets'
Переглядів 126 місяців тому
Meet the PPF Team aka 'The Pink Piglets'
S2 E4 Preview | David Tuck - full ep live on our channel!
Переглядів 46 місяців тому
S2 E4 Preview | David Tuck - full ep live on our channel!
S2 E4 | David Tuck - Building not 1 but 2 tech companies!
Переглядів 196 місяців тому
S2 E4 | David Tuck - Building not 1 but 2 tech companies!
What is Open Banking and is it safe?
Переглядів 167 місяців тому
What is Open Banking and is it safe?
What is 'Shared Parental Leave'?
Переглядів 1707 місяців тому
What is 'Shared Parental Leave'?
Why we've helped hundreds of women find financial freedom
Переглядів 87 місяців тому
Why we've helped hundreds of women find financial freedom
S2 E3 | Jodie Bruce - Loving your business & life
Переглядів 177 місяців тому
S2 E3 | Jodie Bruce - Loving your business & life
S2 E3 Preview | Jodie Bruce - Full episode live on our channel! #podcast
Переглядів 67 місяців тому
S2 E3 Preview | Jodie Bruce - Full episode live on our channel! #podcast
MCP Sessions 5&6 Overview - Action Sessions
Переглядів 27 місяців тому
MCP Sessions 5&6 Overview - Action Sessions
MCP Session 4 Overview - Know Your Numbers
Переглядів 37 місяців тому
MCP Session 4 Overview - Know Your Numbers
MCP Session 3 Overview - Financial Accountability
Переглядів 67 місяців тому
MCP Session 3 Overview - Financial Accountability
MCP Session 2 Overview - How much does the business need to give you
Переглядів 67 місяців тому
MCP Session 2 Overview - How much does the business need to give you

КОМЕНТАРІ

  • @passiton3801
    @passiton3801 Місяць тому

    H.R.M.C. Hereditary. Regime. Masking. Chaos....

  • @iamsoban
    @iamsoban 4 місяці тому

    Hi, thanks for the videos, a quick questions, after registration, what if your payroll software does not support adding benefits in kind to each employee, can we do it manually?

    • @pinkpigfinancials
      @pinkpigfinancials 4 місяці тому

      The payroll software needs to support payrolling benefits for this to work, so if it doesn’t you can’t do this unless the software gets upgraded or change software providers.

  • @amitthakur2675
    @amitthakur2675 5 місяців тому

    Good stage for understand 🎉

  • @user-qx4wm2dt9x
    @user-qx4wm2dt9x 5 місяців тому

    I only have a passport. I tried going the other way: smartphone, scan face, passport, but my phone does not support NFC. How can I remedy this?

  • @DJRickyRicardo_DC
    @DJRickyRicardo_DC 5 місяців тому

    Hi, how would we categorize the gym membership if we are eligible to deduct it? What category does it fall under?

  • @caseyball7885
    @caseyball7885 6 місяців тому

    What option do I pick if I am submitting a CT600 on behalf of company thats in liquidation, Business or agent?

  • @PJMcInerney
    @PJMcInerney 7 місяців тому

    Useful - thank you

  • @user-bz6nt2ez5q
    @user-bz6nt2ez5q 8 місяців тому

    Hi 👋 So is this for renting out a room just, or the whole property also?

    • @pinkpigfinancials
      @pinkpigfinancials 8 місяців тому

      It would apply for either AS LONG AS the whole place is in fact your place of residence and you are the one who uses it for most of the year

    • @user-bz6nt2ez5q
      @user-bz6nt2ez5q 8 місяців тому

      @@pinkpigfinancials thank you 🙏

  • @carolyncarter1424
    @carolyncarter1424 9 місяців тому

    Rubbish! Its an unnecessary tax.

    • @iamcherylsharp
      @iamcherylsharp 9 місяців тому

      I understand your point - but we’re not talking about that. We’re saying reaching the vat threshold is a sign of a growing business and is a milestone that should be celebrated as you’ve grown your business to that size. And as accountants we can help plan and prepare so your business growth continues.

    • @carolyncarter1424
      @carolyncarter1424 9 місяців тому

      @@iamcherylsharp I'm an accountant too, so you're referring to a benchmark!

  • @aneeskhalifa2043
    @aneeskhalifa2043 10 місяців тому

    Thank you so much to teach us. This was very important topic for me and I am glad to see that I have found it 😊😊😊😊

  • @sharonlee3368
    @sharonlee3368 11 місяців тому

    Thank you

  • @Juniperberrie25
    @Juniperberrie25 Рік тому

    My biggest issue is HOW do I put this money aside. So, I’m a limited company and I for example, I make £2000 a week, I upload my £2000 invoice into my accounting software and it says I can withdraw £1700 in distributable profit that week, so I make a bank transfer of £1500 into my personal account, to pay my mortgage (£1047 as salary and £453 as dividend) how exactly do I put the money aside? Am I supposed to withdraw an additional 8.75% of £453 to put aside for directors tax return? I am constantly back paying taxes because I have no idea how I’m supposed to withdraw what I need whilst putting aside for all the different taxes at the same time 😩

    • @pinkpigfinancials
      @pinkpigfinancials Рік тому

      Thanks so much for your comment! Without knowing the ins and outs of your business and the software you're using, I'll just have to give a generalised answer. Firstly, the profit - which is first taxable, and then available for dividends, is, as a limited company AFTER your salary with goes through payroll and any operating costs. So, of the £2000, £1047 is already deducted as your salary, leaving £953 'profit'. I imagine you do have other operating costs and so the profit would be lower in reality. You would then need to put aside the percentage of that profit amount for Corporation Tax - £181 if you're at 19%, leaving you with £772 available as your dividend, of which you can take as much or as little as you like. We would suggest having a 'personal savings account', where you then put the 8.75% ready for your personal tax. Paying for personal tax through your company will actually cause you to end up paying more, so this is what we advise. Hope this makes sense! Of course, a big issue for many businesses at the moment is actually making enough so that you can be able to take enough! If you want to chat all things tax, business growth and more, please visit our website, www.pinkpigfinancials.co.uk, and fill in the Questionnaire on our 'Get Started' page ☺

    • @Juniperberrie25
      @Juniperberrie25 Рік тому

      @@pinkpigfinancials thank you so much! I’ll contact you via your website form if I have any more questions. Thanks x

  • @lawrencer25
    @lawrencer25 Рік тому

    Fabulous video ❤❤❤

  • @digitald5
    @digitald5 Рік тому

    How can I update my bank account?

  • @BusinessAutomatedTutorials

    Cool , that was helpful! By the way if you or your clients need to connect any external software to Xero -> do let me know! Just working on a tracking project for a client. Thanks much!

  • @user-vk9gt5nz9r
    @user-vk9gt5nz9r Рік тому

    I couldnt verify my ID. I need to do my tax return and its frustrating

  • @lawrencer25
    @lawrencer25 Рік тому

    Nice video 👍👍👍

  • @muhammadsaqibtariq4749
    @muhammadsaqibtariq4749 Рік тому

    stupidity at best

  • @missredpo2258
    @missredpo2258 Рік тому

    How about for non uk passport only a residents but living for 2 years

  • @chipsmithers4662
    @chipsmithers4662 Рік тому

    Hey is there a way to upload a budget for periods that have already happened?

    • @iamcherylsharp
      @iamcherylsharp Рік тому

      Hi, yes, just change the date period you to what you want to add in the figures for and you can add this in :) Hope this helps

  • @garrygordon4680
    @garrygordon4680 Рік тому

    I wish you a lot of success on your channel!! You are missing out on potential viewers by not using a service such as 'Promo sm'!!!

  • @safwanjanjua7215
    @safwanjanjua7215 Рік тому

    Hi, I have lost access to my mobile number on which I get access code when I sign in to HMRC online account. What should I do? Please help how can I change/add new mobile number? Thanks

  • @ETPitt
    @ETPitt Рік тому

    That's not a receipt...

  • @maximiliano3605
    @maximiliano3605 2 роки тому

    🤗 p͎r͎o͎m͎o͎s͎m͎

  • @juliepilkington1119
    @juliepilkington1119 2 роки тому

    Very helpful and easy to follow. Thank you ☺

  • @gianpierodaye212
    @gianpierodaye212 2 роки тому

    Quanto me piace molto 😀🧡❤️🇮🇹💯

  • @leigh.stallard
    @leigh.stallard 2 роки тому

    Great advice!

  • @SHAHZADKHANS
    @SHAHZADKHANS 2 роки тому

    It was helpful..please make more detailed videos on corporation tax...thanks

  • @DreamFirms
    @DreamFirms 2 роки тому

    Agree with all the things you mentioned!

  • @L3w09
    @L3w09 2 роки тому

    Very helpful - cheers!

  • @jackydemetria896
    @jackydemetria896 3 роки тому

    o07ms vum.fyi

  • @Pen15UK
    @Pen15UK 3 роки тому

    Thank you. I was thinking about this as I’m considering joining a golf club.