EduAccounts

EduAccounts * Accepting new clients!
* ICB-certified bookkeeper
* Monthly bookkeeping, VAT returns, invoicing, SATR
* Admin support

04/12/2025

500 followers!! 🎉 Thank you for all the support, love, and engagement. Excited to keep sharing tips, insights and more! ✨🤍

Check the basics first - income, expenses, cash, flow, and payroll. âś… Knowing your numbers + running your business with ...
03/12/2025

Check the basics first - income, expenses, cash, flow, and payroll. ✅ Knowing your numbers + running your business with confidence. 📊✨

Stop ghosting your accounts!Those receipts aren't going to file themselves, and that spreadsheet isn't going to magicall...
19/10/2025

Stop ghosting your accounts!

Those receipts aren't going to file themselves, and that spreadsheet isn't going to magically update itself (sadly!).

Be your future friend an get those books up to date today so you don't have to deal with a financial horror show in January 💀🧟‍♀️

Struggling to find the motivation? Drop us a message, we can help you every step of the way đź‘»

"Oh, I'm going to feel so much better when this is sorted." 🙏I was on a call this week with a brilliant creative arts tu...
02/10/2025

"Oh, I'm going to feel so much better when this is sorted." 🙏

I was on a call this week with a brilliant creative arts tutor whose business has grown so much since she left the classroom (which is amazing! 🎉). But while her student numbers were increasing, so was her financial anxiety. Something a lot of business owners experience at some point.

Her spreadsheets had gone from "manageable to... it's a lot". She confessed that she was spending "so much time" just trying to keep on top of everything.

She told me, "numbers are not my thing" and admitted she was "terrified of like making a big mistake accidentally". As we started setting her up on Xero and she saw her transactions neatly organised for the first time, she let out this huge sigh and said the magic words: "I'm going to feel so much better when this is sorted.".

And that's it, isn't it? That feeling of relief is the goal. You are phenomenal educators, not accountants or bookkeepers. And that's totally fine.

Outgrowing your old systems is a side effect of your success, not a sign that you're failing. It’s about having a simple system that gives you peace of mind so you can get back to the parts of your business you actually love. It's about wanting to be in control, rather than just keeping your "fingers crossed that it's happening correctly" in the background.

What's the one part of your business finances you would absolutely love to have 'sorted' by the new term? Let me know in the comments! 👇

Disbursements and recharges are common in the education and child classes sector. Think exam fees, dance costumes, music...
10/07/2025

Disbursements and recharges are common in the education and child classes sector. Think exam fees, dance costumes, music books, or trip payments you collect on behalf of parents.

But do you know how these could impact your VAT position?

If you're not careful, what looks like a simple reimbursement could be treated as income and push you closer to the £90k VAT threshold, or worse, trigger a VAT bill you weren’t expecting.

🔹 A disbursement is when you’re just passing on the cost — exactly what you paid, clearly listed, no VAT added, and doesn’t count towards your turnover.

🔹 A recharge is when you mark it up or bundle it into your service — VAT may apply and it can count as taxable income.

Dance classes invoicing for costumes, tutors collecting exam fees, or clubs charging parents for day trips. If you're not sure how to treat those costs, it's time to double-check.

The wrong treatment could mean paying tax on money that isn’t really yours.

Need help getting it right?
Swipe the carousel or send us a message — we’ll talk you through it.

Reminder: Paying tax as a self-employed person isn’t a once-a-year thing (most of the time)! You might be due to pay you...
01/07/2025

Reminder: Paying tax as a self-employed person isn’t a once-a-year thing (most of the time)!

You might be due to pay your second Payment on Account soon – the deadline is 31st July 2025.

Unsure if this applies to you? Drop us a message or comment POA, and we’ll explain it in plain English.

“Next day.” “Tomorrow.” “Later.” “After.”Sound familiar? It’s so easy to keep kicking your finances down the road. Espec...
25/06/2025

“Next day.” “Tomorrow.” “Later.” “After.”

Sound familiar? It’s so easy to keep kicking your finances down the road. Especially when things already feel messy.

You tell yourself:
“It’ll take too long to sort out.”
“I don’t have the time.”
“I’ll deal with it when I’m less busy.”

But here’s the truth: the longer you wait, the messier it gets. And the more energy it takes to untangle.

Start now. Even if it’s just one small step.
We’re here to help you go from overwhelmed to organised, no judgement, no jargon, just calm, clear support.

Your future self will definitely thank you.

It's tough running a tutoring business. We get it! You're juggling multiple parents, tutees, tutors, plus all of the oth...
24/06/2025

It's tough running a tutoring business. We get it! You're juggling multiple parents, tutees, tutors, plus all of the other business admin jobs. We get it!

We see all of the extra work you're doing behind the scenes, but you don't have to do it all alone.

At eduAccounts, we take the finance hat off your head and take away those Spreadsheet Scariest.

Which hat has you feeling the most frazzled right now?

Are you a business who supports tutors and helps to lighten the load?

Let us know in the comments!

Exam season is here… and let’s be honest, your finances are probably somewhere near the bottom of the to-do pile right n...
30/04/2025

Exam season is here… and let’s be honest, your finances are probably somewhere near the bottom of the to-do pile right now.

Between planning lessons, juggling timetables, and squeezing in extra sessions, bookkeeping and tax are likely the last things on your mind. But then comes that quiet moment before bed… and you’re lying there thinking, “How much tax am I going to owe this year?”

If the unknown is keeping you up at night, it’s time to be your future friend. The sooner you get your self-assessment sorted, the sooner you can stop the midnight maths and start planning that well-earned break.

I’ve got limited onboarding slots available in May — if you'd like support with your bookkeeping or self-assessment, now’s the time to get in touch.

Let’s make this your most organised tax year yet.

Are you considering gifting your tutees an Easter egg and wondering if it's tax deductible? Generally, HMRC considers gi...
26/03/2025

Are you considering gifting your tutees an Easter egg and wondering if it's tax deductible? Generally, HMRC considers gifts to clients as entertainment expenses, which are not tax deductible.

However, if you incorporate the chocolate into your lesson plan—such as using it to teach concepts like area, volume, or fractions—it could be classified as a teaching resource. In this context, the expense may be considered allowable.

Can you think of other ways of incorporating chocolate into your lesson? I must confess, a lot of my ideas surround maths (maths and chocolate, my two favourite topics!); however, I'm sure it could be incorporated into lots of other subjects.

Let me know in the comments if you plan to incorporate chocolate into any of your lessons over the next couple of weeks.

Is your tutoring business ready for a financial glow-up this year?As we approach the new tax year, it's the perfect oppo...
24/03/2025

Is your tutoring business ready for a financial glow-up this year?

As we approach the new tax year, it's the perfect opportunity to kick some old habits to the curb and start treating this adventure as an actual business.

Let's swap crumpled-up receipts for organisation and peace, knowing your finances are being handled!

What are your new financial year resolutions? I know I definitely need to take my own advice and stop buying so many notebooks 🥲

If finances don't bring you joy (other than when the money lands in your bank!), then drop us a message to arrange a call.

Address

Huyton
L366EF

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+447471160482

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