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

How much should you pay yourself as a business owner?
Starting your own business means doing something you’re passionate about. However, at the end of the day, the main idea is to also make a living out of it. As a business owner, you need to decide how much money you want to pay yourself.......
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.
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......
Financial support for businesses: Extended Coronavirus Loans
As of today (5th of November 2020), the UK has entered a second national lockdown, meaning that all non-essential businesses will be shut for a month (until the 2nd of December). These restrictions include restaurants, pubs, gyms and......
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.
Demystifying your Balance Sheet
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.......
How do I choose an accountant?
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.