When running a small business it is important to get the finances right. Many small business fall short because of mistakes and commonly these relate to accountancy, VAT and import or export duties. Following these 5 key accountancy tips will help you to keep your...
Blog
freelancer and sole trading accounting / 19.01.2018
3 ways to simplify your bookkeeping as a sole trader
Bookkeeping and accountancy are dirty words to a lot of sole traders. You’re already putting a huge strain on your time and effort to keep your business afloat without having to worry about managing your cash flow. Though bookkeeping may seem daunting when you’re self-employed,...
If you’ve had a good year trading as a sole trader in 2017 then it might be time to look ahead and consider registering as a limited company in the 2018-2019 tax year. There are accountancy benefits to registering as a limited company but it...
Accounting / 05.01.2018
Top tips to get your accounts sorted in 2018
2018 is here, so it's time to get organised and ready. There is nothing worse than an overflowing bag of receipts or piles of bank statements that seem like they're never-ending. Take control so your 2018 is less stressful in the office than your 2017....
Accounting / 02.01.2018
Why accountants can help SMEs prosper and grow
Many small businesses in the UK are currently going through an extended period of uncertainty. Worries over the long-term effects of Brexit, combined with an economy that is growing slower than many experts had predicted, has resulted in ambitions for business growth being put on...
If you have recently started a new business, or are planning to in 2018, then there are lots of different things to think about. In amongst all the nuts and bolts of the core business that takes place, the subject of accountancy can become lost....
There is little doubt that payroll is one of the most essential areas within a business that employs staff. Not only will your employees not be happy if their pay is late or incorrect, but it is vital in terms of your legal responsibilities. Correct...
VAT / 06.12.2017
Why you should seek VAT advice
Taxes and VAT are a nuisance that every business owner has to deal with. While paying taxes is an accepted part of life, having to spend time and money working out how to pay taxes can be beyond frustrating. It is, however, worth taking the...
If you have just set-up as a freelance worker then there is no doubt it is an exciting time. The ability to work in a career you love and the flexibility it brings is superb, as is the chance to say goodbye to that morning...
Bookkeeping / 21.11.2017
3 superb book-keeping tips
For any company, a key consideration lies in ensuring accurate accountancy for your business. Registering with HMRC along with making sure you maintain excellent business records to complete your tax return are essential. Most businesses will use an accountancy firm to do this as it...
Setting up as a sole trader means that you will become responsible for your own accounts, taxes and books. For many this is an unwanted side effect of turning self-employed, but it is vitally important that you get it right. Failing to manage your accounts...
VAT / 07.11.2017
A Guide to VAT MOSS
You may have come across the term VAT MOSS if you run a company that provides services online. In this blog post, we will reveal exactly what it is, as well as details on VAT registration for MOSS. What is VAT MOSS? If you supply certain digital...