March Newsletter | 2025

Spring Forward with DS Business Support 🌱 As March brings fresh energy and new beginnings, we're excited to share some updates from our award-winning team at DS Business Support. With tax season behind us and spring in full swing, it's the perfect time to focus on growing your business and optimizing your financial processes.

DS Business Support updates

• Invoicing changes: As outlined in our recent email, we are making a few changes to the way we’re invoicing. Due to the volume of invoices issued for bookkeeping, payroll and software re-charges, we will be streamlining these into one invoice per month, per client.

• Those of you whose payroll and/or number of employees fluctuates, will remain on ad-hoc invoicing. However, please follow the steps below for future invoicing:

  • To ensure bookkeeping is calculated correctly, your monthly bookkeeping fee will be based on the average of your last 12 months invoices.

  • We will only be accepting direct debits going forwards. Therefore, when you receive your next invoice, please kindly click on pay now, choose the Direct Debit / Go Cardless option and follow the onscreen instructions. NB; clients who we process supplier pan runs for are excluded from the mandatory DD.

  • Should anything change within your business that requires more hours on your books than what has been invoiced, we will contact you prior to issuing the invoice. Please do keep us updated about any changes within your business that could impact your monthly fee, at which point we can requote.

• Fees increase: As per inflation, our fees will be increasing by 5% as of 1st April 2025. Your April invoice will reflect these changes. If you have any questions about this, please don’t hesitate to get in touch with us.

• AML process updates: We will be rolling out a new AML process imminently. As part of this, everyone will be sent a biometric ID check, to ensure your ID and facial scan matches. More information to follow. 

• Book a Spring Review - Let's ensure your business is set for success this spring. Book your complimentary consultation today, phone: 0117 235 4699 / 07471209653 or email: info@dsbusinesssupport.com to find out more. 

HMRC update

The latest employer bulletin can be found here: February 2025 issue of the Employer Bulletin - GOV.UK - There’s lots of useful information regarding changes to PAYE, NI etc. HMRC’s blogs are also really useful, the most recent featured articles can be found by clicking here.

Handy hints & tips

Spring financial checks:

1. Review your cash flow forecasts for Q2

2. Update your business plan for the new financial year

3. Schedule your quarterly business review

4. Consider switching to our fixed-fee packages for better budget management

Important Dates 📅

• 31st March: End of Q1

• 7th April: VAT returns due for January-March quarter

• 19th April: PAYE/NIC payments due

Your success is our priority. Whether you need support with bookkeeping, payroll, self-assessment, CIS, tax returns, pensions, or VAT services, our experienced team is here to help. We offer a range of Accounting & Business services. If you’d like to learn more about how we can help you and your business, get in touch today and arrange a free consultation.