10 Common Accounting Terms, Explained
Feb 21, 2023
Having general accounting knowledge is crucial for any business owner, especially during tax season. Understanding common accounting terms is highly beneficial, as you will identify how they relate to your business and how it is performing. To help, we have compiled ...
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What do you need to know about Inheritance Tax?
Feb 17, 2023
Are you thinking about the tax implications of your estate and what this could mean for your loved ones after you pass? If you have a high value estate, this could impact your beneficiaries significantly as they may not be able ...
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Time is running out to check your National Insurance record
Feb 14, 2023
Are you planning on claiming the UK state pension? You must check your National Insurance (NI) record before 5 April 2023. Are you eligible for the UK state pension? To be eligible for the maximum ‘new state pension’, you must have 35 ...
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How can you deal with VAT return errors?
Feb 09, 2023
If you are running a business, handling VAT returns can be complex. You may have submitted returns with errors previously if you were unsure of what to do and could be at risk of further investigation or fines from HM ...
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Top tips for starting a hospitality business
Feb 07, 2023
Are you hoping to run a successful start-up in the hospitality sector? As an ever-changing and competitive market, the road to success is often paved with challenges, requiring a considerable amount of time, patience, and hard work. Be clear about your goals From ...
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Ready to make a move to the cloud – Find out how you can migrate smoothly
Feb 02, 2023
Cloud accounting offers many useful features that can help to save time and make your business more efficient. If you aren’t already using cloud accounting technology to advance your business, you should consider making the change. Following HM Revenue & Custom’s introduction ...
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What do I need to do when selling my business?
Jan 31, 2023
Selling a business in the UK can be an exciting journey for those looking for opportunities to expand their portfolio. From securing the best deal to navigating complex tax laws and regulations, it's important to plan ahead and secure expert advice ...
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What do you need to know about salary and dividends?
Jan 27, 2023
If you are a business owner, you need to consider what to take in salary or in dividends. Having the right balance of these may seem difficult, but it is an important element of managing your business. The UK tax system allows ...
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How to prepare before onboarding staff
Jan 24, 2023
As a new business owner, you may feel you can manage your workload single-handedly. However, this will not always be the case. As your business grows and evolves, you will eventually need an extra set of hands, meaning you will need to ...
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How to protect your business in the cost-of-living crisis
Jan 20, 2023
The cost-of-living crisis can be a challenging time for businesses, with many additional costs being added to business expenses. As a result of this, many business owners are faced with difficulty including staffing costs and decisions such as whether to raise ...
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