Self Assessment

Anyone who operates as a sole trader knows that you must complete a self-assessment tax return each year and submit it by the 31st of January of the following year. This means that many sole traders are now eagerly working away on their self-assessment return, in...

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...

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...

Cloud-based accounting software is growing in popularity due to its compatibility with remote working, reducing admin workloads and making paying taxes online so much easier. With all of its benefits come some drawbacks and risks too, which is the case with all new technologies. Here, we...

The world of work is constantly evolving and changing. This is especially true when you take a look at how people work now and the rise of freelancing. Offering freedom, a chance to be your own boss and to work in an area you love, freelancing...

If you run a private company in the UK, you must prepare two documents at the end of the financial year: Statutory annual accounts and a Company Tax Return. HMRC puts various deadlines in place for both of these documents. In most cases, they relate to...

Accountancy is very important when it comes to running your own business. A major part of this is completing annual tax returns to HMRC and quarterly VAT returns for VAT registered companies. It goes without saying that getting the right figures in these returns is key,...