To reach a goal, you have to set it first

The Dare to Dream workshop helps you do just that. Set your goal, calculate what you need, and determine small actionable steps that will get you there. All with support and accountability.

BOOK THE WORKSHOP

CHECK OUT THE LATEST

BLOG POSTS

VAT in Aesthetics

Coterie Team

Aesthetics businesses beware! The botox treatments you think are exempt from VAT could in fact be classed as purely cosmetic and land you in hot water with HMRC. And we’re not just talking botox. As you probably know, you are exempt from charging VAT for treatments if there is a medical purpose to those treatments […]

We've grown...again! Welcome, Sara!

We’ve grown…again! Welcome, Sara!

Coterie Team

I am very pleased to announce that the CDC Accounting team continues to expand, and I would like to introduce you to our new accountant, Sara Hewitt. Just to confuse me, it’s pronounced Sarah which makes two Sarah’s in the office and one Sara at Home After conversations with Sara it was clear that she […]

Welcome, Richard!

Welcome, Richard!

Coterie Team

We have some good news for you! The CDC Accounting team has grown and I’m very excited to introduce our new Operations Director, Richard Wright. Richard and I have been friends for years and previously worked together at Hoya Lens UK. We’ve often discussed the prospect of him joining the team, and finally the time […]

Lesson Learnt

Coterie Team

There are so many special moments when you run your own business. From taking that initial leap and deciding to back yourself, to the little successes that spur you on along the way. There’s the satisfaction of seeing your business grow with new team members and increased revenue, whilst also growing as a person as […]

Woohoo.. We’ve moved!

Coterie Team

Onwards and upwards! After a great time at The Malthouse in the beautiful Llangollen, we are excited to announce that we have now moved into our shiny new office at The Technology Centre in Ellesmere Port – and we love it! The new office space allows us to expand the team and therefore the business, […]

Achieving targets through incentives

Coterie Team

As well as earning their basic salary, staff in some industries – such as hospitality – often have the opportunity to earn tips. In other industries employees can boost their pay packets with commission, perhaps through the sale of houses, for example, if working for an estate agent, or by selling advertising space or products. […]

Employment Allowance and your business; a quick look guide for the 2021-2022 financial year

Coterie Team

At CDC we thrive on saving you money and increasing your profits, and Employment Allowance is no different.  It can save you at least £4,000 a year  and reduce your national insurance liability.  Take a look at our quick fire guide to find out more. The Basics Employment Allowance is a government led initiative that […]

Employment Allowance and your business; a quick look guide for the 2021-2022 financial year

Coterie Team

  At CDC we thrive on saving you money and increasing your profits, and Employment Allowance is no different.  It can save you at least £4,000 a year  and reduce your national insurance liability.  Take a look at our quickfire guide to find out more.   The Basics Employment Allowance is a government-led initiative that […]

SEISS grant – Are you eligible?

SEISS grant – Are you eligible?

Coterie Team

  You will receive this by email, letter, or via contact within HMRC’s online service. Claims must be made before the 1st of June, and the fourth grant covers the period from the 1st of February – 30th of April. Can I claim? To be eligible to claim you need to fulfil the following criteria: […]

National Minimum wage. Is it really that time again?

Coterie Team

2020/21 Changes To National Minimum Wage and National Living Wage rates from April 1st, 2021.    What is the minimum wage? It is a legal requirement for you, as an employer, to pay the minimum amount. This is worked out on average for the hours your employees have worked. This is referred to as ‘The […]

Pay VAT deferred due to coronavirus (COVID-19)

Pay VAT deferred due to coronavirus (COVID-19)

Coterie Team

Pay VAT deferred due to coronavirus (COVID-19) Did you defer VAT payments last year? If so, now is the time to decide whether to pay in full or join the VAT Deferral New Payment Scheme service. The service is open online now and you can choose to join it (opt-in) and pay your VAT in instalments. […]

Domestic Reverse Charge VAT for Construction

Domestic Reverse Charge VAT for Construction

Coterie Team

HMRC have introduced a new VAT legislation for the construction industry which comes into effect today (1st March 2021). Domestic Reverse Charge or DRC is a new way of accounting for VAT and will apply to all VAT registered construction businesses in the UK. To sum up what this means, the Vat liability moves from […]

Calculating holiday pay for workers without fixed hours or pay

Calculating holiday pay for workers without fixed hours or pay

Coterie Team

All employees are entitled to holiday pay, so employers must calculate it for all their workers, but that’s not so easy for those without fixed hours or pay. Holiday pay must be paid, because workers should not suffer financially for taking holiday, so it is important to understand the process. Unless a worker is self-employed, almost […]

A bit of late Christmas Cheer for Self employed

A bit of late Christmas Cheer for Self employed

Coterie Team

Good news! Self-employed workers who are yet to submit their tax return were given a late Christmas present as of (Monday, 25th January) – an extra month to fill it out! HM Revenue and Customs said that self assessment customers will NOT receive a fine for missing the 31st January deadline, as long as they file […]

Have you done yours yet?

Have you done yours yet?

Coterie Team

I’m not talking about taking the tinsel down and putting the Christmas tree away. I’m talking tax! The deadline to complete your tax return is looming and around 5.4 million Self-Assessment customers have until 31st January to complete their tax return. HM Revenue and Customs said they expect 12.1 million tax returns to be filed this […]

Season Greetings from CDC

Season Greetings from CDC

Coterie Team

2020, what a year. Its not every year that a pandemic puts a halt to life in such a devastating way. But 2020’s not been all bad. In fact, I’d say that CDC has had its most memorable and most positive time and I can definitely say that staring in Facebook lives and running workshops […]

Fetch……(my invoices)

Fetch……(my invoices)

Coterie Team

Hands up who finds downloading your monthly subscription invoices or supplier bills from online portals a pain? I know I do! The time involved with logging on, downloading and then saving to folders is time that could be better spent. So, when Receipt bank told us about Invoice Fetch, we were all ears. Invoice Fetch […]

What is Dropbox and why do we use it?

What is Dropbox and why do we use it?

Coterie Team

It is easy to bury your head in the sand and ignore technology, especially if you do not understand what it is, let alone how to use it! But investing a bit of time into finding out more can bring big benefits to your business. Take Dropbox for example. You may have heard of it, […]

Self-Employment Income Support Scheme Grant Extension.

Self-Employment Income Support Scheme Grant Extension.

Coterie Team

Self-Employment Income Support Scheme Grant Extension. As many of you will be fully aware the government has announced that the CJRS Furlough scheme will be extended until the end of March 2021. Along with this they have announced an extension from the 1st November 2020 to the Self Employment Income Support Scheme with 2 further […]

Latest UK Government announcements and what it means to you

Latest UK Government announcements and what it means to you

Coterie Team

Trying to keep up with all the government announcements and furlough options is a full time job in itself. Over the weekend that the government announced that the UK will start a new period of lockdown from Thursday 5th November for 1 month. The new legislation that supports this has not been agreed yet, and […]

HMRC is rewarding employers with £1000 bonus for retaining staff

HMRC is rewarding employers with £1000 bonus for retaining staff

Coterie Team

If you have employees you will no doubt be familiar with the government’s Job Retention Scheme, but you may not know about the bonus for retaining furloughed staff.  The Job Retention Bonus is a £1,000 one-off taxable payment for each eligible employee furloughed and kept continuously employed, until the 31st of January 2021. You cannot […]

Job Support Scheme Update

Job Support Scheme Update

Coterie Team

The UK Governments Job Support Scheme The Job Support Scheme is designed to protect viable jobs in businesses who are facing lower demand over the winter months due to Covid-19, to help keep their employees attached to the workforce What we know so far We know the scheme will run for 6 months, from 1st  […]

How to achieve staff happiness and grow a stronger team

How to achieve staff happiness and grow a stronger team

Coterie Team

Owning or managing a business is all consuming and to put it bluntly – Stressful! Its hard to switch off at 5pm and when was the last time you had a weekend free without doing something for the business? Then there’s staff and all the emotions that they bring. Ever experienced the knockout blow when […]

What is car leasing?

What is car leasing?

Coterie Team

Business leasing is a vehicle agreement between an established business and a finance company. Just like personal leasing, you chose a vehicle (or a fleet of vehicles), pay the deposit, agree on a monthly payment and drive away. Car Leasing has become one of the easiest and most appealing ways to have access to a […]

FREE HMRC Investigation Insurance

FREE HMRC Investigation Insurance

Coterie Team

There are many factors that can impact business. We have seen that this year with the effect of COVID on all businesses, big and small. Hopefully, the chances of COVID happening again are slight, but there are disruptions that could (and do) happen, that have just as devastating an effect on your business. HMRC haven’t […]

Is an electric car a good option as a company car?

Is an electric car a good option as a company car?

Coterie Team

Electric Vehicles (EVs) are the current hot topic. Fueled by the guilt that is laid on us about the effects of human damage to the planet, and the climate crisis. Then there’s the government’s target to phase out the sale of all new petrol and diesel cars by 2040, and for most cars to be […]

Self Employment Income Support Scheme – Second Grant

Coterie Team

The Online service has now become available on HMRC to claim the second Self Employment Income Support Grant.  You need to make your claim on or before the 19th October 2020 to be eligible for the scheme. To make the claim for the second and final grant your business must have been affected on or […]

Growing the Business to An Even Bigger Success During Covid-19: Sara's Lockdown Journey with Pure Perfection Clinic.

Growing the Business to An Even Bigger Success During Covid-19: Sara’s Lockdown Journey with Pure Perfection Clinic.

Coterie Team

Sara Cheeney is a mother of two, a medically trained nurse practitioner, ZO Skin Health UK Trainer and owner of Pure Perfection Clinic. Utilising her experience, expertise and knowledge, Sara is now set to become a business coach for the aesthetic industry with new coaching company- Clinic Success. A venture created during the months of […]

CDC Accounting - Coronavirus Information For You

CDC Accounting – Coronavirus Information For You

Coterie Team

Hello Everybody, Chris Blackwood here. Hope you are all keeping well during this time and are all safe in good health.  I just wanted to do a quick update on the information that the government have confirmed during this pandemic.  So this is what we know so far – The Chancellor has set out a […]

CORONAVIRUS - A MUST READ FOR BUSINESS OWNERS

CORONAVIRUS – A MUST READ FOR BUSINESS OWNERS

Coterie Team

Announced in yesterdays budget, the chancellor a created measures to provide support to businesses should the need arise due to coronavirus.  The Coronavirus Business Interruption Loan Scheme will enable businesses who turnover less than £41million to apply for a loan of up to £1.2 million, with the government covering up to 80% of losses with […]

Invoicing - The Do's And The Don'ts

Invoicing – The Do’s And The Don’ts

Coterie Team

It is of the upmost importance that you are diligent when sending or receiving invoices to ensure that the details contained within the invoice are correct.  Failure to do this can and most likely will result in late payments being made to your company, but what is more worrying is that an incorrectly named purchase […]

Flooding - Business Guidance

Flooding – Business Guidance

Coterie Team

As many areas of the UK have recently suffered from extreme flooding, with many still on red alert, I wanted to share with you a guide on what steps to take should you and your business be affected. Flood water can be devastating to your premises and assets but more importantly it can often be […]

Common Mistakes Made In The Salon Industry That Really Annoy Customers

Common Mistakes Made In The Salon Industry That Really Annoy Customers

Coterie Team

I thought I would share with you some findings that I have come across after reading a recent blog on Treatwell.  A great massage, haircut, beauty treatment is one thing you can pride your business in, but to keep your customers coming back  you MUST be aiming to give them a wow experience from the […]

VAT - What can you do to avoid a shock bill

VAT – What can you do to avoid a shock bill

Coterie Team

Almost every business in the UK with revenues exceeding £85,000 in the previous 12 months must apply to register for VAT, with most businesses haviing to submit VAT returns to HMRC on a quarterly basis.  This is the VAT threshold for the 2019/2020 tax year but can change year on year. To avoid having to […]

Stamp Out Bullying In The Workplace

Stamp Out Bullying In The Workplace

Coterie Team

After reading a very informative blog by Salon Services I thought i would share this information with you, Bullying doesn’t only happen on the school playground,  it can happen at any point during your lifetime.  Research conducted by the Trades Union Congress shows that nearly a third of people have been bullied in their workplace, […]

Who likes free money???

Who likes free money???

Coterie Team

  ‘The manner of giving is worth more than the gift’ – an inspiring quote by french tragedian Pierre Corneille, but to have those gifts tax exempt would make proceedings much sweeter for you.  Christmas is just around the corner and we are all now either super organized with everything wrapped and ready, or slowly […]

How to Incentivise Salon Managers and Receptionists

Coterie Team

There are a variety of ways to reward Salon Managers and Receptionists but it’s important to first understand your staff’s needs as well as aligning those needs with your business. In this post, I’m going to explore the benefits of incentives, reward ideas and provide some practical examples for you to take inspiration from. What […]

What the Spring Budget Means for SMEs

What the Spring Budget Means for SMEs

Coterie Team

The Spring Budget 2019 The Spring Budget was announced on March 13th by Chancellor Philip Hammond.  Whilst the announcement may be a fiscal ‘non -event’ for many with Brexit dominating the stage,  there are some interesting developments to take note of.   Minimum Wage is Rising   For those aged 25 and over, the national […]

Making Tax Digital: The End of Pen & Paper Salons As We Know It

Making Tax Digital: The End of Pen & Paper Salons As We Know It

Coterie Team

Making Tax Digital (MTD) for VAT officially starts on the 1st of April 2019. And for many salon owners, this should signal a major change in their approach to recordkeeping. But for some, set in their ways and still using pen & paper for their accounting and admin, it could be a painful scramble for […]

Steer your Business in the right direction with a CDC Accounting Strategy Day

Steer your Business in the right direction with a CDC Accounting Strategy Day

Coterie Team

If your salon or clinic requires assistance with getting back on track for success, explore our business Strategy Days here at CDC Accounting! There is no better time than now to take the plunge and give your business the chance to thrive as it should with our Strategy Days, as we are offering an exclusive […]

Do Better Business in 2019 with CDC Accounting

Do Better Business in 2019 with CDC Accounting

Coterie Team

At CDC Accounting, every decision and recommendation made with our clients is intended to enable the saving of time, money, and simplify the business of making money. We know that, as a salon, clinic or spa business owner, you have enough to worry about, and so we work to support you in making your business […]

The CDC Accounting Team at Xerocon 2018

The CDC Accounting Team at Xerocon 2018

Coterie Team

Here at CDC Accounting in wales, our team are thrilled to have had the opportunity to attend this year’s Xerocon conference, held in London during this past November. As one of the most renowned cloud accounting conferences in the world, Xerocon was an important event for the CDC Accounting team, as it is held annually […]

Work Smarter with Asana

Work Smarter with Asana

Coterie Team

Running a business can be made much more straightforward with the utilisation of a clear and effective system for the management of your salon or clinic team’s workflow with your company goals in mind. Here at CDC Accounting, we utilise and recommend the work management platform Asana, designed to support business teams in managing, organising […]

Your Business Tax Savings this Christmas

Your Business Tax Savings this Christmas

Coterie Team

Christmas is now in sight – bringing with it presents, parties and new prospects for the New Year. But the season of celebration and generosity doesn’t have to mean expense in all areas for your business! From transforming your office to reflect the festivities in the Christmas countdown, to letting your hair down during a […]

Tackling Tax with CDC Accounting

Tackling Tax with CDC Accounting

Coterie Team

As a business owner, the range of tax payments and information required of you each year can make the tax landscape feel intimidating, with the introduction of new systems like Making Tax Digital in 2019, or a lack of time to ensure money is set aside, to keep track of your tax deadlines, or to […]

Save on your Utilities with Semper Servo

Save on your Utilities with Semper Servo

Coterie Team

Amongst the daily hustle and bustle of running a business, you may be overlooking certain business areas that are impacting the flow of your finances, and could be holding your company back. One example is your utilities – namely, gas, electricity and water. Here at CDC Accounting, we encourage our clients to assess their outgoings […]

Get on the Right Track with a CDC Accounting Strategy Day

Get on the Right Track with a CDC Accounting Strategy Day

Coterie Team

If your salon or clinic is in need of some steering in the right direction, consider arranging a business Strategy Day with us here at CDC Accounting! We understand that certain areas of your business may not receive as much attention as you might prefer. In the day-to-day running of a company, it is easy […]

Business Clarity with the Huddle System

Business Clarity with the Huddle System

Coterie Team

In the running of a business, it is important to have a secure, dependable and easily-accessible system in place for the management of your company’s important content – from timed plans and business goals, to cash flow sheets and forecasts. Huddle is a cloud-based online collaboration platform, used by CDC Accounting – both internally and […]

CDC - Futrli

CDC – Futrli

Coterie Team

Here at CDC Accounting, we are constantly working hard to go that extra mile for our clients. That’s why we’re pleased to announce our collaboration with Futrli. This incredible piece of software automatically consolidates your financial data and creates accurate business forecasts, presenting the data in an intuitive interface that you can access from your […]

Budgeting: Why it is important and how CDC can help

Budgeting: Why it is important and how CDC can help

Coterie Team

While the hands-on nature of running your business is often the most exciting, fun, and satisfying, many overlook the doubtlessly tedious task of number-crunching. However, creating a budget can help your business thrive and become more financially rewarding, and isn’t nearly as difficult as it sounds, with our help at CDC. A Successful Budget Key […]

REGAIN CONTROL OF YOUR CASH FLOW WITH CDC ACCOUNTING

REGAIN CONTROL OF YOUR CASH FLOW WITH CDC ACCOUNTING

Coterie Team

At CDC Accounting, we understand that most businesses – especially in the aesthetics industry – have many responsibilities to balance on a day-to-day basis. Management of your cash flow is crucial to the heart of your business’ survival and success. Amongst the variety of pressing accounting administration tasks required, it can feel as though the […]

Data Storage & Access: Safe & Simple with Receipt Bank

Data Storage & Access: Safe & Simple with Receipt Bank

Coterie Team

Running a business in today’s fast-paced world now often requires you to have your finger on the pulse of new business regulations, and the technology available to achieve maximum efficiency in both the services you provide, and your work behind-the-scenes of your business. So, where to start? CDC Accounting can support you in taking control […]

Save Time & Go Online with Xero

Save Time & Go Online with Xero

Coterie Team

Here at CDC Accounting, we endeavour to “Save You Time, Save You Money”, and really value tools that enable us to make our clients’ journeys as smooth as possible, so they can be confident in taking control of their finances, and focus on the services they provide with peace of mind. Keeping the accounting elements […]

VAT - Tax in the Digital Age

VAT – Tax in the Digital Age

Coterie Team

Here at CDC Accounting, we have received some queries from our clients about what the upcoming digital changes to tax management will mean for their businesses moving forwards. April 2019 will see the arrival of the new ‘Making Tax Digital’ (MTD) VAT service, intended to assist businesses in improving the efficiency of their operation, and […]

CDC Apprentice Accountant - Abbie Randles - Passes Level 2 AAT (Association of Accounting Technicians) with Distinction

CDC Apprentice Accountant – Abbie Randles – Passes Level 2 AAT (Association of Accounting Technicians) with Distinction

Coterie Team

August has been a great month here at CDC Accounting, made even greater with our Apprentice Accountant – Abbie Randles, passing her Level 2 AAT with Distinction. To pass with a Distinction, you have to score over 90%, so Abbie and the team here at CDC are understandably delighted with this result! We had a […]

CDC Accounting Launches New Website

CDC Accounting Launches New Website

Coterie Team

We are thrilled to officially announce the launch of our brand new website here at CDC Accounting! This is such an exciting time for us as the company continues to grow from strength to strength – but for those who aren’t yet familiar with us, here’s just a little bit about who we are and […]