Self Assessment

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...

Starting your own small business is exciting but can also feel a bit daunting. This is especially true if you are a new entrepreneur and have never run your own company before. As with everything in life, it is often worth looking for additional support to...

When you start a business, whether freelance or a limited company, it’s easy to forget about all the statutory accounting obligations, including retaining business records. Unfortunately, this can result in fixed penalties, fines and interests that cost your business significantly. So, it’s vital to know how...

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...

Accounting is an essential part of any business. Ensuring that your cashflow, expenses, and company capital are all recorded accurately is necessary both for understanding how your business is working, as well as for HMRC and filing your tax return. However, many people who set up...

If you run your own payroll system, you need to be aware of all relevant legislation coming into effect in 2019. One of the most important income tax changes which will impact all your workers is the increase in personal allowances which takes effect from 6...