Accounting

Small businesses are the backbone of the UK economy and crucial to the overall success of the nation. It is not always easy to set up and establish a thriving small business, however, and there is lots for any entrepreneur to think about in 2022. One...

Cloud accounting refers to the process of moving traditional accounting online - more specifically, to the cloud. It can do everything that traditional accounting does but uses third-party APIs so that businesses can make better and easier use of their finances. Cloud accounting is especially useful...

SMEs represent the hidden key to the UK’s financial health and economy. That’s why it’s so vital that SMEs are equipped with qualified and experienced accountants going into 2022. The financial trend is moving more firmly towards cloud accounting and offering more support to SMEs after numerous...

The UK government announced that National Insurance Contributions for employers, employees and the self-employed would increase by 1.25% from April 2022. SMEs in the UK will need to be aware of what this means for them, so we have broken down the key considerations in this...

If you’re a sole trader or start-up, every opportunity to secure a client or make another sale is crucial. The last thing you want to do is waste precious time that could be spent chasing leads trying to get your business finances in order. If your business...

All small business owners know how vital it is to keep a track of their accounts. This not only helps you to be in control of key things like cash flow but also means you can run payroll effectively and set realistic goals for future growth....

Whether you choose to be a limited company or a sole trader, all new businesses start somewhere. All new businesses also need to pay attention to a few crucial areas if they are to succeed in the long term. Start-up accounting is certainly something any nascent...

If you’re considering embarking on a new career as a sole trader, or if you’re about to launch a start-up as a sideline to your existing occupation, you might be apprehensive with regard to how taxes and expenses work. As a sole trader, your company won’t...

It’s no secret that most small businesses face numerous financial challenges, including limited cash flow and inadequate capital. As a result, many small business owners opt to DIY most of their tasks, including small business accounting, to save money. Unfortunately, they only end up losing more...