What are the opening hours?

Monday 9am - 3pm Tuesday 9am - 3pm Wednesday 9am - 3pm Thursday 9am - 3pm Friday 9am - 3pm

Momentum360

You didn’t start your business to wrestle with receipts. You’re building something that works for you. But the Bookkeeping? We’ve got you.

It’s confusing, time-consuming, and easy to ignore. Whether you want to learn, hand it over, or check it’s right. Any of these sound familiar?

“I want to grow my business, but I am too busy dealing with the day-to-day work.”

"I could really take on my first staff member, but the prospect of having to be the HR, Payroll and IT department feels extremely daunting."

“I need help with different asp

ects of my business but finding the best service providers will be such a hassle.”

“I need a new website, but I don’t even know what I should be putting on it.”

“I want a business that is bigger than myself.”

“I want to stop working in my business and start working on it.”

Our departments are designed to work together, so that you can always benefit from expert knowledge without having to commit to expensive retainers.

13/08/2026

A lot of people think Making Tax Digital is HMRC's way of catching people out.

Personally, I don't see it that way.

I think the biggest benefit is that business owners will have a much clearer picture of how their business is performing throughout the year.

Better records.

Fewer surprises.

Better decisions.

Yes, it's another change.

But there are some positives too.

If you want to find out more about when MTD will affect you, check out our free guide: https://momentum360.thinkific.com/courses/mtd

11/08/2026

Can we stop thinking of receipts as something we only keep for HMRC?

Receipts tell the story of your business.

They remind you where your money is going.

They help you spot subscriptions you've forgotten.

They help you budget.

They help you claim legitimate expenses.

They're useful long before HMRC ever ask to see them.

End of rant.

07/08/2026

If you're a sole trader and your accountant files your Self Assessment tax return...

Go and say thank you.

Buy them some chocolates.

Send them flowers.

Write them a lovely email.

Or all three. 😄

The last few months haven't just been "business as usual" for accountants.

Alongside their normal workload, many have been getting to grips with Making Tax Digital for Income Tax, educating hundreds of clients, helping people understand whether it applies to them, filing quarterly submissions and trying to work out how to deliver all of this without passing huge cost increases on to their clients.

It's been a lot.

Some firms have taken it all on.

Others have quite reasonably decided they simply don't have the capacity to add another major service alongside everything else they already do.

Neither approach is right or wrong.

If your accountant has said they can't help with the ongoing bookkeeping and quarterly submissions for MTD, please don't panic.

That's exactly where we can help.

We can either take the bookkeeping and MTD submissions off your accountant's hands, or show you how to do it yourself while your accountant continues looking after your Self Assessment Tax Return.

Bookkeepers and accountants aren't competitors.

The best results happen when we work together. ❤️

06/08/2026

One of the parts of my job that I feel most guilty about...

Hassling people for receipts. 🙈

I know you're busy.
I know you've got better things to do.
I know that little coffee receipt from three weeks ago isn't exactly top of your priority list.

But I also know that when tax time comes around, you'll be glad we tracked it down.

It's one of those weird parts of bookkeeping where I spend half my time being the annoying person chasing paperwork, and the other half making sure my clients pay no more tax than they need to.

So... sorry in advance if you've got a message from me asking, "Have you got the receipt for...?"

04/08/2026

I often get asked...

"What's the difference between a bookkeeper and an accountant?"

The easiest way I explain it is this...

A bookkeeper keeps your finances organised throughout the year.

An accountant uses those records to prepare your accounts, calculate your tax and give strategic advice.

One doesn't replace the other.

In fact, the best accountants I work with love having a good bookkeeper involved because they know they're starting with accurate, up-to-date records instead of spending hours fixing mistakes.

And the best bookkeepers know when something needs an accountant's expertise.

It's never a competition.

It's a partnership.

When bookkeepers and accountants work together, business owners get the best of both worlds.

So if you've ever wondered why you might have both... that's why.

03/08/2026

One myth I hear about Making Tax Digital is...

"If HMRC haven't contacted me, I don't need to worry."

Unfortunately, that's not how it works as post can get lost on the way, ignored, or filed away as general info.

So, the quickest way to find out is to check.

I've created a free MTD checker that tells you if (and when) you'll need to sign up.

https://www.momentum360.co.uk/mtdreadiness/

It takes less than a minute and could save you a lot of unnecessary worrying.

31/07/2026

"I'm not a landlord. I'm just renting my house out until I can sell it."

I hear this one quite often.

And I completely understand why.

Maybe you moved house but couldn't find a buyer.

Maybe you inherited a property.

Maybe you decided to rent it out temporarily while you worked out your next move.

It doesn't feel like a "business".

But from HMRC's point of view, rental income is still income.

And that means it needs to be declared.

The word "landlord" can make people picture someone with a property portfolio and multiple rental houses.

But you don't need to own five properties for the rules to apply.

If you receive rental income from a property, you have responsibilities.

That includes things like:

✅ Keeping records of your rental income.

✅ Keeping track of allowable expenses.

✅ Reporting the income correctly on your tax return.

And for some landlords, it also means understanding whether Making Tax Digital for Income Tax applies to you.

One of the biggest misconceptions I come across is:

"But I'm not doing this as a business."

You might not see yourself as a landlord.

But if you are receiving rental income, HMRC still sees it as taxable income.

The good news?

Understanding your responsibilities early makes everything much easier.

Did you know that renting out your home temporarily can still create tax obligations?

30/07/2026

Can we stop pretending AI is going to replace bookkeepers and accountants?

I'm getting a little tired of the marketing.

Every week there's another piece of software claiming you can just upload your receipts, let AI do the rest and never pay an accountant or bookkeeper again.

That's a dangerous message.

Do I love AI?

Absolutely.

We use it every single day.

It saves time. It automates repetitive tasks. It helps us work more efficiently. It frees us up to do more important work.

But here's what AI doesn't do.

It doesn't know that you've accidentally paid a personal expense from your business account.

It doesn't question why your profit has suddenly dropped by 40%.

It doesn't spot that you've coded something consistently wrong for the last six months.

It doesn't understand the context behind your business decisions.

And it certainly doesn't pick up the phone when you're panicking because you don't understand your numbers.

AI is an incredible assistant.

It's not a replacement for professional expertise.

Instead of trying to convince business owners they no longer need accountants and bookkeepers, software companies should be asking a different question:

How can AI help accountants and bookkeepers deliver an even better service?

Because that's where the real opportunity is.

Less time spent on repetitive admin.

Lower fees and more time spent advising, educating and supporting business owners.

That's a future I'm excited about.

AI isn't the enemy of our profession.

But marketing it as a replacement for people who bring knowledge, experience and critical thinking to the table? That's doing business owners a disservice.

Who's with me?

29/07/2026

"Everyone keeps talking about ‘qualifying income’ for MTD… but what does that actually mean?"

If you’ve been reading about Making Tax Digital for Income Tax, you’ve probably seen this phrase everywhere.

"Qualifying income."

Sounds important.

Sounds complicated.

But what does it actually mean?

Put simply, qualifying income is the income that counts towards the MTD threshold. In a nutshell, it's your turnover from self-employed business activities plus any turnover from rental properties.

The important bit?

The thresholds are based on your income, not your profit.

So if your business brings in £55,000 of sales, but after expenses your profit is only £25,000, your qualifying income is still £55,000.

This is why it’s really important to understand where you stand.

You might look at your profit and think:

"I don't earn enough for MTD."

But HMRC is looking at your income figure, not what you have left after costs.

A lot of confusion around MTD comes from the fact that the language feels complicated.

But once you translate the terminology, it starts to make a lot more sense.

And if you are still unsure, check out our free MTD guide: https://momentum360.thinkific.com/courses/mtd

We've also got a handy tool that will tell you if and when you need to sign up for MTD: https://www.momentum360.co.uk/mtdreadiness/

28/07/2026

Just because £98.50 lands in your bank account doesn't mean your turnover was £98.50.

This catches out more business owners than you might think.

Let's say you invoice a client for £100 (assuming you are not VAT registered).

Stripe (or PayPal, SumUp, Etsy, Shopify Payments... you get the idea) takes a £1.50 processing fee, and £98.50 arrives in your bank account.

I've seen people record the £98.50 as their income.

That's not correct.

Your bookkeeping should show:

✅ Turnover: £100
✅ Payment processing fees: £1.50 (a business expense)
✅ Money received into your bank: £98.50

Why does it matter?

Because your turnover is the amount your customer paid you, not what's left after someone else has taken their fee.

Recording only the amount that reaches your bank means you're understating both your income and your expenses. It can also cause problems if your figures don't match the reports from your payment platform.

Be honest, did you know this already?

Address

Redbourn

Opening Hours

Monday	9am - 3pm
Tuesday	9am - 3pm
Wednesday	9am - 3pm
Thursday	9am - 3pm
Friday	9am - 3pm

Website

https://www.momentum360.co.uk/

Alerts

Be the first to know and let us send you an email when Momentum360 posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Momentum360:

Want your business to be the top-listed Business in Redbourn?