Bookkeeping

As a Limited Company, you have to complete a number of regular accounting tasks to effectively manage finances and fulfil tax obligations. While these Limited Company tasks are necessary and not necessarily difficult to do manually, they can become very time-consuming if you're not using the...

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...

Cashflow management as a freelancer can be a challenge. The ultimate responsibility for getting paid is yours and yours alone. While a regular payday is the highlight of most employed people’s months, as a freelancer it’s often not a certainty. There are some principles and tools...

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...

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...

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...

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...

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...

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...