Working as a sole trader is often a unique experience, but from an accounting perspective, you need to do much the same as any other business. This means keeping hold of your business records to accurately pay taxes. Although often thought of as self-employed individuals, the...
When starting a business, many entrepreneurs envisage outsourced accountancy as something to think about later down the line. They think this for a number of reasons; whether it's the perception that small business accountancy is easy enough that they don't need help, or that they simply...
Completing your accounts can be one of the most intimidating things for any new company to do. As someone new to the world of accounting, you don't want to risk getting anything wrong as that could land you in legal trouble. Let's take a look at...
VAT registration becomes mandatory for your business if your annual turnover has been over £85,000 or is predicted to be so over the following 30 days. If your turnover is under that, VAT registration is not legally required. Many smaller businesses still choose to become...
When you first set up a business, you will need to decide on the structure. For many people, this comes down to deciding whether setting up as a limited company or a sole trader is best. here are key differences in how each type of company...
Any small business owner is always looking for ways to grow, work more efficiently and make their life easier. One of the best ways to achieve this is by outsourcing certain key tasks. This basically sees you pay a professional, external company to carry out work...
Starting your own business is an exciting thing and something that will hopefully grow to meet your expectations. It is not always easy though and you need to do all you can to help it flourish. Looking after your accounts as a new company is prime...
Whether you have a great business idea or dream of becoming your own boss, starting a business is an exciting time. Running your own business will take time, hard work and energy, but there are great rewards available in terms of your own freedom, flexibility, and...
A small business or start-up must be extremely vigilant of its finances in order to ensure that profits are maximised and any losses or unnecessary outgoings are minimised. Cloud accounting services are ideally suited to the running of small businesses because they allow access to financial...
Whether you are a small start-up struggling to manage your finances or a large, limited company, our cloud accounting services will streamline your bookkeeping. Our experienced team of accountants combined with our online bookkeeping software allows us to provide a simple, efficient and cost-effective service to...
When you're considering the services of a financial specialist to help you with your start-up accounting, there are many things to consider. Something you may not have thought about is scalability - but scalability is one of the most important things you need to be aware...
Small businesses across the country have had a traumatic last 12 months, and with coronavirus restrictions set to be lifted in the coming months, every business owner will be looking to consolidate throughout 2021 and will be doing all they can to operate safely and...