If you live in Manchester and have recently set-up your own small business in the city, you know there is a lot to look after. Running your own company involves keeping an eye on many different things and normally sees you with a long to-do...
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Accounting, Business, Limited company accounting, Payroll, Small business accounting, Start-Ups / 29.06.2020
Outsourcing services for your new business
Starting a new business can be a very stressful time. There are so many things to think about and remember, and so many things that could go wrong if you don’t. You don’t need to take on everything yourself. There are many tasks that can be...
Accounting, Accounting Software, Cloud Accounting, Limited company accounting, Saving Money, Small business accounting, Start up business accounting, Start-Ups / 22.06.2020
Embracing the convenience of cloud accounting
The cloud is becoming one of the most popular aspects of modern small business accounting. You've no doubt already heard about the cloud, and you may have thought about what it can offer you. The truth of the matter is that cloud accounting can offer your...
Accounting, freelancer and sole trading accounting, Small business accounting, Start-Ups / 15.06.2020
Is outsourcing to an accountant worth it for a sole trader?
If you're a sole trader it can be easy to think you're better off handling your finances yourself. But the reality is that investing in the services of a professional well versed in sole trader accounting can be one of the most valuable and beneficial...
Accounting, Cloud Accounting, Small business accounting, Start up business accounting / 02.06.2020
Why is cloud accounting so useful for small businesses?
Cloud accounting is becoming increasingly popular amongst all aspects of business accounting - but many small businesses don't understand the many reasons it can benefit them specifically. There are lots of ways in which embracing the cloud is the right choice for small business accounting...
Accounting, Small business accounting, Start-Ups / 27.05.2020
Why should you choose a specialist small/medium sized business accountant?
When choosing the best accountancy firm to help your small or medium-sized business, you have a lot to choose from. It can be tempting to choose a firm with a degree of international pedigree. But, the reality of it is that you should be looking...
Accounting, Payroll, Small business accounting, Start-Ups / 19.05.2020
Taking on your first employee? It’s time to outsource your payroll
Many businesses think that payroll is something they only need to consider outsourcing when they have a team of employees. The reality is, however, that you don't need to wait until you have a whole department before considering the benefits of outsourcing payroll. Whether you have...
Accounting, Business, Cloud Accounting, Saving Money, Start-Ups / 13.05.2020
What makes outsourced accountancy such a smart long-term investment?
Small business accounting is a compelling and very valuable investment, for all manner of established businesses and new-starts. Many still see outsourcing their accounting as a pure cost, however, and one they can't manage. In truth, outsourced accounting is actually a long-term investment that gets...
Some businesses are hesitant to trust outsourced payroll services due to the number of myths and misconceptions that circulate the industry. In order to shed some light on the benefits of outsourcing your payroll, we've debunked some of the most common myths about payroll outsourcing. Payroll...
Accounting, Business, Start-Ups / 28.04.2020
Tech start-ups may have problems accessing coronavirus loans from the Future Fund
If you own and operate a tech start-up business, the coronavirus crisis is likely to be causing immense stress. Access to operational finance may be a big issue, despite the launch of the UK government's Future Fund and Job Retention Scheme. One of the major problems about...
Accounting, Limited company accounting, Payroll / 17.04.2020
National Insurance contributions: understanding payroll deductions
As an employer, it is your legal responsibility to complete all payroll tasks. Most businesses in the UK process payroll via PAYE, which is the system used by HMRC to calculate National Insurance and income tax deductions from employee wages. Below we answer some common questions...
Accounting, Business, Limited company accounting / 15.04.2020
Common payroll queries about the UK Coronavirus Job Retention Scheme
The UK coronavirus shutdown has hit small businesses hard. But, there are ways to move forward and our latest blog posts discuss the kind of help that can be accessed during this crisis situation. The experts here at SQK Accountancy have been inundated with calls from payroll...