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Billie Mcloughlin

About Billie Mcloughlin

Billie Mcloughlin has been with HLAS for 9 years and is ACCA qualified with a degree in applied accounting. Her passion lies with helping clients with their move to digitalisation and efficiency within workflows.

Princes Quay’s Win a Shop shortlist announced   

The wait is over for successful Win a Shop candidates       With a fantastic response to the Win a Shop competition, Princes Quay called in the expertise of the judging panel and after a long morning of deliberating – the semi-finalists have been announced. Centre Manager, John Magee was joined by Hull BID’s Kathryn Shillito, FEO’s Jan Brumby, local entrepreneur Jonathan Elvidge and property expert, Mickola Wilson from Seven Dials Fund Management. The team had some very tough decisions to make with a wide range of high-quality entries from delis and cafes to clothing and furniture brands, but the final [...]

By |October 1st, 2019|Blog|

MTD : Making Tax Digestible

  HMRC are implementing Making Tax Digital (MTD) to streamline the way businesses report their finances, bringing with it a bank of new software, regulations and questions. According to the Making Tax Digital Monitoring Businesses’ Awareness of MTD report little over 6 weeks ago , 20% of VAT registered businesses still have no idea when they plan to sign up, and 11% still do not know what MTD is. Now that we have passed the starting line of the 1st April, it is important to get our heads out of the sand and into the cloud.   There are two [...]

By |April 23rd, 2019|Blog|

Pay rises all round.

A good old pay rise isn't always good news for everyone.   April is a time for good news and bad news. For example, Easter. Good news; lots of chocolate. Bad news; sorting out childcare during the school holidays. Well statutory payments are no different. Whilst we all enjoy a £650 increase in our personal allowance, there is also a rise in National Minimum Wage (NMW), National Living Wage (NLW) aswell as pension contributions. This may be good news for those employed, but an employer of a labour intensive business could really feel the hit. Employee’s Age Old rate New [...]

Join Us At Our MTD Business Briefing

Join Us At Our MTD Business Briefing Pink Pig will be hosting Making Tax Digital Business Briefings every fortnight from January through to April 2019. Join us for refreshments as we inform you of what MTD is and offer a step-by-step guide of what you need to do next. See the flyer below for more information: We plan to host these sessions every fortnight from January through to April 2019. Currently scheduled dates are as follows: 13th December 2018: 8am-10am 3rd January 2019: 6pm-8pm 17th January 2019: 8am-10am 31st January 2019: 6pm-8pm  

By |December 1st, 2018|Blog|

April 2019 Personal Taxation, Wages and Salaries

It's so important to know exactly how the budget is going to impact on YOUR pocket! As we all know, there is a certain amount of money the government so kindly allows us to earn before we must pay income tax. This is called our personal allowance. From April 2019 that is increasing from £11,850 to £12,500. In monetary terms, as that is the threshold before we start being taxed at 20%, it means an extra £130 in your pocket each year. There had been talks of this previously, but the chancellor has decided to introduce this a year early [...]

By |November 15th, 2018|Blog|

The Robin Hood of the ages?!

With just under a week until the Autumn budget what are we likely to see from this year’s?! In the words of Matthew Lynn, a journalist for the Telegraph Business, it’s becoming a bit like the first world war. An assault each autumn, all the while neither side seem to be getting anywhere, other than getting even more stuck in the mud. Let’s not forget this is the penultimate budget pre-Brexit so the pressure does seem to be on for old Phillip. It’s all about the Young’uns It’s been no secret that in the most recent election the majority of [...]

By |November 16th, 2017|Blog|

Forming A New Charity: Where to start

Many people start charities because of experience, maybe you would have needed help at a certain point in your life but it wasn’t available, so now you’re making a difference to others. Or simply, you might just be one of those angels sent from above. Either way, when you’re trying to tap into the public sector’s wallet all you seem to get is a bunch of moths. Unfortunately, it’s the way of the world now and because of this, not-for-profit organisations make a hugely positive impact on so many lives. You probably know by now, I hate being the bearer [...]

By |September 13th, 2017|Blog|

It’s my company, but how much can I pay myself?! 

With the school holidays over (finally!!) Its time to get back into the swing of things. But do you know what funds you are taking from your business and how you plan to do it!? For many, September is almost like a second new year. I don’t mean in terms of the financial year, but it’s the time you get back on track and start fresh. People start heading back to the gym and getting into a normal routine again. One of the most common questions I get asked, mainly from new start- ups, is ‘how much can I take [...]

By |September 8th, 2017|Blog|

August Feature- Strawberry Too : Juicy with a berry unique approach.

With exam results still fresh in the minds of the students currently recovering from their hangovers and the new Bondholders’ ‘where it begins’ campaign kicking off this month, we knew exactly who we wanted as our August feature blog. The little sister of the renowned digital marketing company Strawberry – who sit proudly at C4DI, Strawberry Too is just as sweet. As you know, I’m an accountant, not a writer and so I don’t think there is anything I could write that would do an organisation like Strawberry Too the justice they deserve. When we think of that little red [...]

By |August 30th, 2017|Blog|

VAT – Passing the Baton (Disbursements and Recharges)

If you make a payment on behalf of a customer for goods and services used by them, you may be able to treat them as ‘disbursements’ for VAT purposes. But what is a VAT disbursement? The definition of a disbursement, in simple terms, is a payment you make to a supplier for a customer and then pass the cost on to them (via an invoice) You may be able to leave these payments out of your VAT calculations because it is the customer (not you) who buys and receives the goods / services. See it as you acting as an [...]

By |August 23rd, 2017|Blog|