Insights, articles stories and thoughts we would like to share with you to inform and inspire.

VAT Special Schemes Guide
We have already covered the topic of VAT in our complete VAT guide as well as VAT registration & deregistration thresholds. However, there are some special VAT schemes that apply to certain business industries and include different......
Accountants: A cost or an investment?
Maximising profits is one of the main goals for every company and so it’s natural that business owners tend to be very strict with the money that is going out of the business. However, some expenses are unavoidable, so the key is to......
Postponed VAT Accounting: How does it work?
On the 1st of January 2021, the UK officially became independent from the European Union and all the new post-Brexit measures came into effect. Brexit has brought certain changes that impact citizens as well as the way companies do......
Do I need to register for VAT - The complete guide
If you're unsure whether you should be registered for VAT we've put together this handy guide to help you.
VAT Registration & Deregistration Thresholds
Thresholds from January 2021   Registration threshold £85,000 Registration for distance selling into Northern Ireland £70,000 Registration for bringing goods into Northern Ireland from the EU £85,000 De-registration threshold
Everything you need to know about Self Assessment
For every starting entrepreneur, filing a Self Assessment for the first time can be a bit of a headache.. There are quite a few things to know and understand before you can feel comfortable with the whole process. So, to help you have a......
Pros and Cons of Outsourcing Accounting and Bookkeeping Services
Once your business starts growing, you simply need a professional who can manage your accounting and bookkeeping. Every business owner has to decide whether they want to hire a bookkeeper or accountant to work in-house or engage an......
7 Easy accounting mistakes to make
And how to avoid them…
7 Signs you need an accountant
Running your business without an accountant is perfectly feasible and many startups or self-employed people choose to handle their accounts themselves. But, although it might seem like a smart choice for businesses that think they......
Bookkeeping for Small Businesses
Do you know what the difference between bookkeeping and accounting is, or if there’s any difference at all?  If you don’t, you’re not alone.