Minimising your individual and business tax liability is a vital part of running a profitable business. How you pay yourself – whether through dividends, a salary, or a mix of both – is key to keeping your tax bill to a minimum. Here you can learn if small business dividends is the most efficient way […]
The cost of bookkeeping services varies depending on many factors, including the volume of documents, security levels required, and the company’s preference. This complete guide will help you better understand what bookkeeping options are available and how much they’ll cost you.
Cloud accounting software allows you to access real-time data, make more informed business decisions, and saves you time and money in business admin. As with everything, accounting software is only as effective as those that use it. Read on for our top cloud accounting mistakes and how to avoid them.
Running a business is full of ups, downs and lessons you wish you’d known from the start. We asked selected UK-based accountants for their top tips to help small businesses get ahead and streamline their processes. From keeping on top of your finances to taking full advantage of the technology available, here are five accounting […]
For many of us, business record keeping involves a clever combination of accounting software, spreadsheets and a drawer full of receipts. This works fine until you can’t find the receipt you’re looking for, or you didn’t receive one. If this happens, you don’t need to panic. You may still be able to claim some expenses […]
There is a range of business financial planning and forecasting tools available, yet many come with costly subscriptions. For budding businesses on tight budgets, you’ll need to be a bit more creative. To help, we’ve compiled our favourite financial planning tools of 2018, from the high end to a more strategic, DIY approach.
British businesses sometimes miss a trick when it comes to claiming business expenses. Being too cautious with your expense claims could cost you money in unnecessary tax, but it’s important to know where to draw the line. We explore which expenses pass, and which have gone too far.
One of the key questions small businesses in the UK face is whether to stay as a sole trader or trade through their own limited company. Our guide tells you how becoming a limited company will affect your tax, financial and legal responsibilities.
Accountants don’t just assist with your taxes, they provide guidance on all issues relating to the financial growth of your business. They are key to your success and add significant value at each stage of development, from sole trader to limited company. Here are seven ways an accountant will save you money. They’ll save you […]
When it comes to employment, the emphasis is often on training, ability and specialist knowledge. As a result, by 2020 over half a million UK workers will be significantly held back by a lack of soft skills. You can super charge your accountancy skills with these six habits for accountants – and have a little […]