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Accounting, Accounting Software, Bookkeeping, Cloud Accounting, freelancer and sole trading accounting, Small business accounting, Start-Ups / 29.08.2022

While there are as many as twelve branches of accounting, not all of them will be relevant for you or your business. Here are the three main types which may be essential for you to be aware of. Tax accounting Tax accounting involves ensuring that companies comply with...

Accounting, Accounting Software, Cloud Accounting, freelancer and sole trading accounting, Small business accounting, Start up business accounting, Start-Ups / 13.08.2022

Starting a business is an exciting time for any entrepreneur, but it’s also a very important one, so you have to stay focused and organised. If you're not careful, you may find that your start-up fails before it even has a chance to get off the...

Accounting, Business, freelancer and sole trading accounting, Making Tax Digital, Small business accounting, Start up business accounting, Start-Ups, Tax penalties / 07.08.2022

When you run a start-up business, you want to be as competitive as possible, which means keeping on top of your finances and knowing what you're spending your money on. Learn three tips for improving your start-up accountancy and how each one provides you with a...

Accounting, Bookkeeping, freelancer and sole trading accounting, Making Tax Digital, Self Assessment, Small business accounting / 31.07.2022

Small business accounting is something that is critical to success and crucial for sustainable growth. If you run a small business, looking after your accounts must be a central part of your overall business plan. This can often mean looking for expert help in this area...

Accounting, Accounting Software, Bookkeeping, Cloud Accounting, Making Tax Digital, Self Assessment, Small business accounting, Start-Ups / 21.07.2022

Although there are many important parts to any successful business, keeping on top of your accounts is perhaps the most crucial. If you do not keep tabs on your cash flow, track expenses or run the payroll on time, for example, things could soon get a...

Accounting, Bookkeeping, Cloud Accounting, freelancer and sole trading accounting, Limited company accounting, Small business accounting, Start up business accounting / 17.07.2022

Small business owners have plenty of things on their plates, from attracting new customers and keeping profits high to hiring the best talent and building a brand. Sorting out tax records and invoices can sometimes feel like the last mountain you want to climb. Outsourcing your...

Accounting, Bookkeeping, Cloud Accounting, freelancer and sole trading accounting, Making Tax Digital, Small business accounting, Start-Ups / 10.07.2022

The use of desktop accounting packages and spreadsheets for accounting is declining as more and more start-up businesses take to cloud accounting for all their bookkeeping needs. There are lots of benefits to cloud accounting, including the fact that you can work from anywhere to access...

Accounting, Bookkeeping, Finance Law, Limited company accounting, Making Tax Digital, Self Assessment, Tax penalties, VAT / 02.07.2022

If you run a limited company in Manchester, you must take on various responsibilities. UK law sees company directors as stewards for the firms they operate, rather than outright owners. They must also comply with UK tax law. Directors’ responsibilities Directors have various responsibilities. These include following the...

Accounting, Bookkeeping, Business, Finance Law, freelancer and sole trading accounting, Self Assessment, Small business accounting, VAT / 23.06.2022

Many sole traders and limited companies that earn over a certain amount need to file separate VAT accounts to HMRC. Unfortunately, many firms and individuals don’t understand how it works, particularly when they're just starting out. Therefore, in this post we take a look at how VAT...