Bookkeeping

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......

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......

And how to avoid them…

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......

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.

Do you truly understand what your Balance Sheet tells about your business? Your Balance Sheet is one of the most important financial reports that measures the health of your company and helps you make some crucial business decisions.......

Once your company starts growing, it’s best not to try and manage the accounts yourself as you will be spending your time doing something you’re not trained to do and isn’t revenue-generating. 

If you’re one of the many UK taxpayers in regular employment you probably don’t need to worry about completing an annual Self-Assessment Tax Return.  Your income tax will be automatically deducted each pay day, together with National......

Cash-flow forecasting is something that every business should have at all times and not just during a crisis. Though, a major crisis, such as a market disruption or a global health pandemic is when a cash-flow forecast is needed the......

Thinking of setting up a new business?  Unsure whether to register as a limited company, or operate as a sole trader or partnership?