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Claiming costs for mileage

Claiming mileage for travelling you do in your job is a fairly normal thing to do. Most employers choose to pay the full tax free amount per mile to their employees which is 45p per mile. This [...]

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Claiming costs for working from home

Working from home has become the latest craze borne out of necessity, with some (like me) doing it only when I absolutely have to and others relishing the opportunity to balance their work and [...]

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Why should I donate to charity?

The pros and cons of donating to charity aren’t exactly what we’re here to advise on. We’re more focused on the tax advantages of doing so – and the disadvantages because sometimes it’s not [...]

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Why would I want to incorporate my business – and why not?

As accounts for small businesses, we understand that there are some really detailed advantages and disadvantages to incorporating a small business. In this blog we’ll cover some of the more [...]

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How do self assessment payments on account work?

Being experienced year end accountants, a frequently occurring issue we see with our clients is where they go from paying one self assessment tax amount in January each year, to one in January [...]

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Xero discount codes and how to get them

We’re proud Xero Accountant specialists, having been their first accounting firm partner in Leicester when MNE began. We’ve been implementing Xero systems and migrating clients from systems like [...]

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Which bank should I use for my small business?

Small Business Banking As accountants for small business, we see many bank accounts and hear lots of feedback about how banks are to work with. And as a consequence, we’re often asked to [...]

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Do I have to use Accounting Software for my New Business?

Over many years, we’ve used many different accounting software packages. From Sage Accounting Software to Quickbooks, we have experience across multiple systems. We also see many clients [...]

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What is an Overdrawn Director’s Loan Account?

We’re expert accountants for small business, and have come across many different situations regarding director’s loans. Many people who’ve owned (and are usually a director of)  a [...]

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What Makes MNE A Superior Accounting Firm

I often say that you can give two good accounting firms the same pile of records and they’ll both come up with exactly the same figures for you. This is because generally accountants are trained [...]